Muñoz explained that every $30,000 of investment translates into a job, decent work, “the only source with which you can combat insecurity,” he said.
In 2022, Ecuador attracted 788.1 million dollars of global foreign direct investment, according to data from the Economic Commission for Latin America and the Cabibe (CEPAL). According to the Central Bank of Ecuador, the country received more than 37.3 million dollars of EID from Mexico.
In 2022, Mexico sold merchandise to Ecuador for 656 million dollars and imported 205 million dollars, according to information from DataMéxico.
Muñoz was in New York and Mexico City in the first days of May, in the final part of the transition stage. He also visited Medellin, Colombia; and Buenos Aires, Argentina.
In New York, I spoke with Goldman Sachs, the Council of the Americas and with representatives of the United Nations Development Program, said Muñoz.
While in Mexico he had meetings with the CDMX Mobility Secretary, and with Clara Brugada, mayoress of Iztapalapa; as well as executives from FEMSA, Bimbo and Tec de Monterrey.
“We are making an invitation so that on June 30 the investment table can be established in Quito in areas such as: mobility, security, mobility/roads, innovation, entrepreneurship, job training, technology and tourism,” said the new mayor. .
One of the projects that he intends to replicate in Quito is that of utopias of the Iztapalapa mayor’s office in the CDMX. “It seems to us an experience worth replicating,” said the mayor.
utopias It represents an “integrated project in which large spaces with cultural, recreational, social and sports equipment are built, empowered by the integral development of the communities of Iztapalapa”, reads the website of this project.
Mexico is among the three countries with which we have had the best investment relations in recent years, in addition to Panama, China, the United States and the European Union, explained the mayor.
He stressed that despite the fact that there is no FTA with Mexico, “we have many relationships with Mexican groups in the country, evidently in the city of Quito. Many times more investment can flow from countries that are not tied (to a trade agreement),” he added.
Finally, Pabel Muñoz assured that the Ecuadorian capital “will be my only focus of attention in the next four years”, ruling out, for the moment, that he is thinking of seeking the presidency of Ecuador.