Mexican companies will invest 30 billion dollars in 2023, the Mexican Business Council (CMN) revealed on Thursday.
“This year the group of the Mexican Business Council will make investments for around 30,000 million dollars”, reported Rolando Vega, president of the CMN.
The business leader’s statements came after a meeting of just over two hours between businessmen and the President of Mexico, Andrés Manuel López Obrador, at the Kaluz Museum in the Mexican capital, where the Secretary of Finance and Public Credit was also present. , Rogelio Ramirez de la O.
On behalf of the private initiative, Francisco Cervantes Díaz, president of the Business Coordinating Council (CCE), as well as businessmen Armando Garza Sada, Valentín Díez Morodo, Raúl Gutiérrez Muguerza, Pablo Escandón Cusi, Fernando Senderos Mestre attended.
Roland Vega. president of the CMN, which encompasses the 62 largest Mexican companies in the country, assured the media that The historical opportunity presented by the relocation of companies, also called “nearshoring”, must be taken advantage of.
“You can see that there is a good future, you have to take advantage of it, it does not come alone. We must take advantage of this opportunity that is given ”, said the leader of the business group that generates more than 1.5 million jobs in the country.
Vega added that Mexico now has a gross domestic product (GDP) growth floor of up to 2.3%, as the Mexican Treasury Secretary himself has foreseen.
The Mexican Government also estimates that at the end of the year there will be a growth of 3%, driven mainly by foreign direct investment, product of “nearshoring”.
For his part, he explained that the investments will permeate the entire Mexican Republic, from the north of the country to the southeast, an economic region promoted by the Mexican president.
The CMN president assured that Mexico’s advantages have to do with its geographical location, the momentum of the North American region and the Mexico-United States-Canada Treaty (T-MEC).
In addition, he maintained that the economy is doing well, although he accepted that compared to the global economy, the growth of the economy is “low, but acceptable.”
He explained that inflation is going down, jobs are being created, a stable economy, deficit control, and an autonomous Bank of Mexico, for which he stated that businessmen “are calm.”
Likewise, the businessman explained that in the conversation with the Mexican president, they also discussed the past local elections in the State of Mexico and Coahuila.
In this sense, he highlighted the organization of the elections by the National Electoral Institute (INE). “The INE once again came out impeccable in its leadership and, well, we already have the results in the State of Mexico, the Morena party wins, and the (opposition) alliance wins the state of Coahuila,” he concluded.
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