• Industry

    Many emerging markets are working to build their manufacturing sectors to maximise the value of their natural resources. OBG provides an overview, highlighting key areas for investment. Typical industries covered include agro-food, automotive, petrochemicals, pharmaceuticals and textiles.
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Deals signed in recent months that have the potential to reinvigorate Jordan’s phosphate exports could bring a new source of growth to its manufacturing sector, following a year of mixed results.

 

What should be the long-term vision of international auto players present in Mexico?

 

The liberalisation of energy is set to open up vast opportunities in Mexico’s downstream petrochemicals segment. The 2016 commissioning of the Etileno XXI petrochemicals complex in Veracruz state, a $5.2bn joint venture between Brazil’s Braskem (75%) and Mexico’s Grupo Idesa (25%), was a crucial milestone for the much-delayed expansion of the...

 

In January 2017 Ford Motors announced it would cancel its proposed $1.6bn investment in a new assembly plant for its Ford Focus model in the Mexican state of San Luis de Potosí (see analysis). International media reported that Mark Fields, CEO of Ford Motors, stated that the decision was based, in part, on the fact that falling demand for...

 

In 2016, as many other sectors of the economy experienced a slowdown, the Mexican manufacturing sector achieved annual growth of 1.3%. Since the enactment of the North American Free Trade Agreement (NAFTA) in 1994, the country has cemented itself as one of the world’s industrial powerhouses, providing parts and products for a range of...

 

San Luis Potosí’s automotive industry could hardly have asked for a worse start to 2017, but the state’s strengths have not changed, and optimism returned in a matter of weeks. Ford Motor’s withdrawal from San Luis Potosí in January 2017 meant the cancellation of a $1.6bn investment and the loss of up to 2800 jobs. However, the US company was...