505 companies in the aeronautical sector.
More than 4,600 business meetings (B2B).
35 participating countries.
48 educational institutions.
This data is from the latest edition of the FAMEX in 2017.
Mexico is one of the most competitive countries in productive investment, thanks to its macroeconomic and political stability, low inflation, strength and size of its domestic market, economic growth rate and ability to generate advanced manufacturing.
It is one of the largest and most open economies in the world; Its young population with talent and capacity keeps it as a leader in advanced high-tech manufacturing, estimating it to be the next Global High Value Added Logistics Center. Thanks to its structural reforms it is a reliable and attractive destination to invest and increase productivity.
Its geostrategic location in the Northern Hemisphere, littorals to the Pacific and Atlantic Oceans and border with E.U.A. First economy, makes Mexico a fundamental country to compete in Europe, Asia and the North American region.
Mexico has become one of the main centers of the aeronautical sector of Latin America and the world, leader in manufacturing every phase of the industry, from the design, engineering and assembly to the reconversion, maintenance and recycling.
It is the sixth largest supplier of aeronautical products in the United States. (US Department of Commerce, 2012). It has the fourth largest fleet of private jets in the world (Aviation Week, 2013). Every two minutes an airplane takes off with Mexican technology (ProMéxico, 2012).
In Mexico, a large part of the turbines of the largest aircraft in the world is designed, the Airbus 380 (Ministry of Economy, 2012). General Electric, the largest producer of aircraft engines and its largest research and design center outside the US, is located in Querétaro, Mexico.
According to the Ministry of Economy (SE), the average annual growth rate of the Aerospace Industry is 14% and the Strategic Program 2010-2020, contemplates that by 2020, Mexico will be the tenth and will export 12.3 billion USD.
Mexico is the gateway to the most important market in the world; a leading exporter of advanced high-technology manufactures; an important attraction pole for investment; the seventh most attractive country to invest (Investment Report in the World 2013, UN Conference on Trade and Development, UNCTAD); ninth among the 25 most attractive countries for investors in the world (2013 IED Confidence Index, consultancy A.T. Kearney); it offers modern, world-class infrastructure and competitive costs in North America; finally, it has a young, talented and capable population.
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