Mexican Business Council, reports investments in Mexico in 2024

Mexico City, (EFE).- Mexican companies will invest 30,000 million dollars in 2024, the Mexican Business Council (CMN) revealed this Thursday.

Keep reading: OECD improves expectations for Mexico and economic growth for 2023

This year, the Mexican Business Council group will make investments of approximately $30,000 million.”

Rolando Vega, president of the CMN.

The statements of the entrepreneur come after a meeting of just over two hours between businessmen and Mexican President Andrés Manuel López Obradorat the Kaluz Museum in the Mexican capital, where the Secretary of Finance and Public Credit, Rogelio Ramírez de la O.

On behalf of private initiative, Francisco Cervantes Díaz, president of the Business Coordination Council (CCE), as well as businessmen Armando Garza Sada, Valentín Díez Morodo, Raúl Gutiérrez Muguerza, Pablo Escandón Cusi, Fernando Senderos Mestre were present.

Roland Vega. The president of the CMN, which brings together the 62 largest Mexican companies in the country, assured the media that it was necessary to take advantage of the historic opportunity represented by the relocation of companies, also called “nearshoring”.

  • “You see that there is a bright future, you have to take advantage of it, it does not come alone. You have to take advantage of this opportunity that is given,” said the leader of the group of companies, which 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 predicted by the Mexican Treasury Secretary himself.

The Mexican government also estimates that by the end of the year there will be 3% growth, mainly driven by foreign direct investment, proximity product.

For his part, he explained that the investments will permeate the entire Mexican Republic, from the north of the country to the southeast, economic region What drives the Mexican president.

The president of the CMN assured that the assets of Mexico are due to its geographical location, the dynamism of the North American region and the Mexico-United States-Canada Treaty (T-MEC).

Furthermore, he maintained that the economy is doing well, although he admitted that compared to the global economy, the economy’s growth is “weak, but acceptable”.

He explained that inflation is down Jobs are created, a stable economy, control of deficits and an autonomous Bank of Mexico, for which he declared that businessmen “we are calm”

Likewise, the businessman explained that in the conversation with the Mexican president They also talked about the last 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 has again shown itself to be impeccable in its direction and well, we already have the results, in the State of Mexico it is won by the party of Morena and the State of Coahuila by the alliance (opposition) »

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Trix Barber

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