Business Climate in Mexico

Mexico is an attractive and convenient destination for making investments. Its public finances are sound and sustainable, as is its banking and financial system. Mexico is a competitive destination for investment due to the certainty, security and backing provided by its institutions.

Mexico’s business climate is one of the most prosperous in the region if we consider the advantages afforded by its trained population, its strategic location, the existence of specialized clusters in certain sectors, as well as the development of necessary services and infrastructure to actively participate in the international market.

In Mexico unprecedented progress is being made in infrastructure. In recent years, the modernization of communication routes has been carried out by channeling both public and private resources, with a view to consolidating a first-rate logistical platform.

Mexico is a viable option for investment due to its increasingly competitive legal framework. Substantive constitutional reforms have been concluded in the country in the energy, taxes and pensions systems. This favorable and dynamic environment makes it easier for investments to be much more productive.

Exports from the Mexican aerospace industry grew 140 percent in the past five years (Ministry of Economy). In 2008, Mexico occupied the sixth place in supplying aerospace products to the European Union (Eurostat) and ninth to the United States (U.S. Census Bureau).

One of every 8 automobiles sold in the United States is made in Mexico (Bureau of Economic Statistics).

In 2008, Mexico placed sixth worldwide as an exporter of medical, surgical, dental and veterinary instruments and apparatuses (Global Trade Atlas).

In 2008, Mexico was the second largest exporter of televisions in the world (Global Trade Atlas).

Mexico is the world’s first producer of organic coffee (SAGARPA-SICDE).

Mexico’s potential for generation of wind energy is 40,000 MW a year, which would be sufficient to light Panama for 40 years (US Renewable Energy Laboratory).

Mexico is the third producer of silver in the world and represents around 16 percent of worldwide production of this metal (Statistical Annual of Mexican Mining).

For the second year running (2007 and 2008), Mexico was rated the best country for retirement (of a total of 29 countries), based on International Living’s Annual Retirement Index 2008.

Two Mexican companies top the list of the main IT companies in Latin America, published by AT Kearney’s Global Services