Mexican businessmen ask for better conditions to attract more investments

The business sector of Mexico state He called on the state and federal authorities to speed up the conditions for regulatory improvement in early 2022, as well as to strengthen legal certainty to attract new investments for the Mexican territory.

The president of the Council of Chambers and Business Associations of the State of Mexico (Concaem), Gilberto Sauza Martínez, explained that given the economic situation with which 2022 is beginning, more facilities need to be generated to attract investments and thus avoid generating a more negative economic scenario in the entity.

The economic conditions at the beginning of the year are considered not very encouraging if the current inflation index is considered, the highest in the last 15 years, as well as the increase in the reference rate that at the moment reaches 5.5% and makes access more expensive credit for companies, which affects their capacity for growth and investment, ”he said.

He referred as a first action, the local Legislature must establish an improvement in administrative regulation.

“From the three levels of government, they must bet on improving public perception, emphasizing messages and actions that prove the facilities for the arrival of new companies and enhance the competitive advantages of each region,” he added.

The leader of entrepreneurs in the Mexico state assured that one of the latent risks at this time is that the national economic policy is considered to be similar to those of countries such as Turkey or Argentina, “tending more to promote the popular image of the leaders than to strengthen the productive chain and of commercial relations ”.

“This has caused the flight of capital and the collection of international bonds in an exponential way,” he said.

In this sense, Sauza Martínez affirmed that as a Mexican business sector in this new year they will collaborate with the three levels of government in the creation of conditions that favor investment, encourage production chains and create jobs, so that the population in generally achieve better levels of well-being.

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