Mining is a key sector of the Moroccan economy, but for a long time it was synonymous with phosphates. The country possesses the largest phosphate reserves in the world and is one of the three largest global producers. Recently, however, there has been a push to improve performance in the sector, in part by encouraging upstream and downstream...
On the back of repeated years of economic growth, more and more Mexicans are taking advantage of the macroeconomic stability and sizeable domestic market to create new businesses. An assortment of start-ups has been popping up across the country, especially in places like Guadalajara, Monterrey, Tijuana and within the populous Mexico City, the...
As the government attempts to open strategic sectors of the economy to competition and attract more foreign direct investment (FDI), much is also being done to improve science and research as a means to spur innovation. Increased spending, coupled with changes in regulation, is expected to fuel the growth of start-ups and make the business...
Mexico is the world’s largest producer of silver and a top-10 producer of a number of minerals including copper, lead and zinc. Gold, which comprises about one-quarter of Mexican mining production, is the industry’s most important segment. The industry produced about $23bn in 2013 and attracts a significant amount of investment, about 70% of...
More than at any point in the last 15 years, Mexican industry is today able to compete with China as a low-cost manufacturing alternative, and with high-income markets as a viable location for outsourcing sophisticated manufacturing. If Mexico is to revitalise its economy after nearly flat growth in 2013, manufacturing, a pillar of the economy...
The North American Free Trade Agreement (NAFTA) jumpstarted Mexico’s textiles and garments industries in 1994, when suddenly raw materials like cotton were allowed to flow freely from, and finished goods into, the US market. By 2000, Mexico had become the largest exporter of clothing to the US.
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