The effervescence to take advantage of the Mexico-United States-Canada Treaty (T-MEC) at the height of Russia’s war in Ukraine has caused investors from all over the world, mainly from Asia and the North American region, to seek to settle in Mexico for the great opportunities and competitive advantages, said Francisco Cervantes Díaz, president of the Business Coordinating Council (CCE).
From American and Canadian businessmen, with whom we work daily, to representatives of the private sector from the United Arab Emirates, Saudi Arabia, Taiwan and the French, the CCE has held meetings to begin the relocation of investments in our country. Although the magic word, said Cervantes: “is trust, legal certainty”.
“There is a lot of interest, we have been with the Dubai Chamber of Commerce that opened an office (in Mexico); The day before yesterday we were with the foreign minister and with the investment minister of Saudi Arabia; We were with the people of the representatives of the Taiwanese government and with an important delegation. They are visiting us almost daily there. There are many, many investors,” said the CCE leader.
Antonio del Valle, president of the Mexican Business Council (CMN) said that Mexico is receiving between six and seven times more investment than the main country that follows us in Latin America, which is Brazil, due to the trend of relocation of companies.
However, “We need certainty, clarity in the rules and no more changes” in public policies, claimed the representative of large companies, stating that private investments are ready to support Mexico’s economic growth.
After holding a private meeting with the United States ambassador to Mexico, Ken Salazar, and the CCE, the representative of large companies in our country said that there is great interest in investing and highlighted the projects in the South Southeast of Mexico.
The National Council of the CCE and the US ambassador to Mexico, Ken Salazar, announced that in July large investments by US companies, focused on infrastructure, energy and climate change in Mexican territory, will be announced.
The United States endorses ties with Mexico to strengthen the economic relationship in the future, and for this, plans are already being prepared in the country, which were agreed upon during the Summit of the Americas -held a few days ago-, said the diplomat.
“When we go to Washington DC, now in July we hope to have a big meeting between businessmen from Mexico and businessmen from the United States. The interest of Mexican businessmen in working with the United States is a very great interest, very authentic, the interest of United States companies in investing here in Mexico is also a great interest”, informed the American ambassador, who during the In recent days he has held meetings with President Andrés Manuel López.
In this regard, Francisco Cervantes, president of the CCE, confirmed that he had a dialogue with the ambassador and the minister counselor on the issues of climate change, the energy sector and investments related to strengthening the Mexico-United States-Canada Treaty (T-MEC).
In which states will the investments be made?
Throughout the country, the Mexican government is very interested in the southeastern part of the country, as is the American government. At the Summit of the Americas, Vice President Kamala Harris had a meeting with Blanca Treviño for the south southeast, talking about investments, Cervantes said.