With 32 World Heritage sites and a gastronomy declared by UNESCO as an intangible heritage of humanity, Mexico is an important world tourism site. For its significance to global tourism, it was chosen as the official host of World Tourism day in 2014. The sector contributes more than 8% to national GDP, generates around 2.5m jobs directly and...
In recent years the Mexican film industry has seen strong growth. The year 2013 was especially good for the industry, with a record 99 commercial releases and two box-office blockbusters. This growth has been in large part fuelled by incentives. As Mexican productions gain increasing international recognition, some are calling it “a new...
A surge in the gambling industry in the past seven years has prompted a review of the legislative framework regulating the industry. Mexico’s gambling industry is the second-largest in Latin America after Argentina, generating annual revenues surpassing $10bn. With a new law expected to be introduced in 2014 bringing transparency, the industry...
As new constitutional reforms start to take shape, Mexico is investing heavily in its transport and logistics infrastructure. Increased economic activity has put pressure on the current road and rail networks, and a bigger slice of the federal budget is therefore set to go towards improving connections by land, sea and air. Only months after...
Infrastructure development has helped expand Mexico’s transport system and strengthen logistics activities in the country. High among the reasons for this is the fast growth of containerisation, coupled with increased connectivity between transport modes. “Interconnection between different kinds of transport increased in 1995 with the...
A successful privatisation of Mexico’s railway network and an increase in trade with the US has helped strengthen rail transport across Mexico. Having established itself as a strategic freight carrier for manufacturing inputs, agricultural goods and the mining industry, the sector now faces challenges from legislators aiming to open Mexico’s...
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