Three Companies Announce $7.35 Billion USD in Investments in Mexico

Cisco Systems, Nestlé and PepsiCo informed President Enrique Peña Nieto of their planned investments in Mexico, which together total $7.35 billion USD.

In separate speeches, President Peña Nieto thanked the companies for their confidence in Mexico. “I think that in the context of Mexico’s participation in the World Economic Forum in Davos, it is very encouraging to see the enthusiasm elicited by our country because of the structural changes it is implementing, the platform being built to boost economic growth and the social development of our country,” he declared.

He hailed the fact that the structural changes and public policy Mexico has adopted to boost economic growth also encourage productive investment for our country, “And that they will contribute to the economic development of our nation, and especially to creating jobs for Mexicans.”

President and CEO of PepsiCo Indra Nooyi announced that over the next few years, Pepsico will assign an investment of five billion dollars to areas of innovation, infrastructure, agriculture and community care, which is expected to generate approximately four thousand jobs.

“This investment demonstrates our confidence in your presidency and your cabinet, Mr. President, and I hope that we will be able to grow in Mexico, with Mexico and for Mexico,” she told the president.

For his part, CEO of Cisco Systems John Chambers announced that this company will invest $1,35 billion USD in Mexico, which will create approximately 900 jobs for Mexico in the field of manufacturing, sales, maintenance and informatics and telecommunications equipment consultancy.

“Cisco can be your partner in achieving the economic goals you have set,” he told President Peña Nieto.

Nestlé CEO Paul Bulcke announced that this company, with operations in Mexico since 1930, will invest a billion dollars in the country, with the aim of increasing its production and infrastructure capacity.

He said that a large portion of the investment will be assigned to the construction of two new factories: a children’s food factory in Ocotlán, Jalisco, and a pet food facility in Silao, Guanajuato. They will also expand their cereal factory in Lagos de Moreno, Jalisco, which, together with other facilities, will have greater capacity and technology.

That will allow us to create 700 direct jobs, plus 3,500 indirect jobs,” he explained.

“He declared that although they have invested steadily in Mexico, they have not built completely new factories since 1992. Mexico is Nestlé’s second largest market in Latin America and its sixth largest worldwide.

Mexico Travel Requirements for Children

With so many families traveling to Mexico, it’s important to know about the documentation before you go. Take a minute to read this article by our friend Suzanne Barbezat from Mexico. It should provide all the infomation you need.




Moon Palace Golf & Spa Resort Hosts Ricky Martin, Live In Concert

Grammy Award Winner takes the stage at Cancun’s premier entertainment destination

MIAMI, Dec. 30, 2013 /PRNewswire/ — Palace Resorts – the company that sets the standard in five-star, all-inclusive resort accommodations – proudly hosted the celebration of the year with international superstar entertainer, Ricky Martin. The Grammy Award winning singer rocked the stage at an exclusive sold out concert at Moon Palace Golf & Spa Resort on Saturday, December 28, 2013.


Known around the world for his spectacular live performances, Martin sang in front of more than 13,000 resort guests, local fans and VIPs.  He kicked off the night with his mega hit “Come With Me,” and left the audience wanting more after closing the evening with “Maria.” The 18 song set list included standouts from his vast catalogue including classics such as “Shake Your Bon Bon,” “She Bangs,” and “Cup of Life.”

Following the concert, the hotel hosted local socialites, government officials and other hotel VIPs at the property’s onsite nightclub, Noir. One of the latest additions from the resort’s recent multi-million dollar enhancement project, Noir offers a striking mix of cutting-edge design and glamorous nightlife.

Both a Grammy and multiple Latin Grammy winner, Ricky Martin is the leading Latin music figure of his generation – beloved by fans worldwide for his instinctive understanding of rhythm, passion for performing, and equal compassion for giving.  The international superstar has sold more than 60 million albums and has been the recipient of dozens of prestigious international awards saluting both his career achievements and far-reaching philanthropic efforts through the Ricky Martin Foundation. Following the global success of his 2011 album Musica+Alma+Sexo (which achieved the highest chart debut for a Spanish language album in more than 15 years) and its ensuing arena and stadium world tour – Martin made his highly anticipated return to Broadway with a critically-hailed performance in the first revival of Evita. The first half of 2013 saw Ricky Martin take over a coach’s chair on The Voice Australia, and use his time ‘down under’ to record his newly released high-energy single “Come With Me.” The track signals the beginning of a new music phase that finds Martin hard at work recording songs for his next full album.

“Moon Palace Golf & Spa Resort has become synonymous with unmatched entertainment offerings,” said Gibran Chapur, Executive Vice President of Palace Resorts. “Closing out the year with an icon such as Ricky Martin is a testament to the superior quality experiences we offer our guests. We couldn’t think of a better way to say goodbye to 2013 than with a holiday stay in paradise complete with an electrifying performance from Ricky Martin.”

Ricky Martin Live In Concert was produced by Lee Tofanelli and Associates, Inc. They have been providing concert production, talent acquisition and television production services to domestic and international clients for over 30 years.  The company has offices in Vineland, New Jersey and Los Angeles, California.

Moon Palace Golf & Spa Resort continues to elevate the all-inclusive concept and offer guests an unforgettable vacation experience by combining world-class hospitality and top-rated live entertainment with exceptional amenities and attractions. Located on Cancun’s tranquil south shore and nestled between 123 acres of tropical foliage and secluded white sand beach, Moon Palace Golf Spa & Resort offers guests more than 2,400 ocean and garden view accommodations or golf villa suites. Multiple pools are complemented by two children’s pools, one Golf Club pool and four swim-up bars. Additional on-site adventures range from a water sports marina for sporting activities to a world-class spa, and fully equipped fitness center.

Recognized as Cancun’s premiere entertainment resort destination, Moon Palace Golf & Spa Resort has hosted world-renowned artists such as Shakira, Enrique Iglesias, Usher and Air Supply among others, in addition to spectacular shows such as Cirque Dreams Jungle Fantasy, Cirque Dreams Rocks and most recently, Cirque Dreams Holidaze. Kicking off 2014, Moon Palace will host performances by the legendary band Chicago, February 14 – 15, 2014, and Grammy-Award winning artist, Michael Bolton, March 29-30, 2014. From January 20 to April 30, 2014, Moon Palace will host mentalist Ryan Oakes, a professional sleight-of-hand artist, magician and mentalist, one of the most sought-after entertainers in the industry.

Guests who book who book a stay of five nights or more are privy to the most valuable vacation promotion on record – $1,500 Resort Credit, which can be used on spa and beauty salon treatments, golf outings, romantic dinners, wedding packages, and off-site excursions and tours. Palace Resorts’ all-inclusive accommodations start at $172 per person, per night, based on double occupancy. To reserve your Palace Resorts stay, please visit, call (877) 325 1531 or contact your preferred travel professional.

About Palace Resorts
With seven oceanfront resorts overlooking the sparkling turquoise waters of the Caribbean Sea, Palace Resorts sets the highest standards for five-star all-inclusive vacations in Cancun, Cozumel, Isla Mujeres and Riviera Maya, Mexico. Offering luxurious and spacious accommodations accentuated by signature in-room whirlpool tubs, nightly entertainment, the Caribbean’s most extravagant spas and premier Jack Nicklaus signature golf courses, Palace Resorts offers a truly exceptional experience for travelers. The unparalleled level of service and comfort found at each property makes Palace Resorts a leading provider of world-class resort vacations.