Mexico is not only in good shape to deal with a global downturn, but finally its growth prospects look bright.
With lower shipping costs and competitive wages, Mexico is booming, attracting foreign investment from firms that supply North America — a concept known as nearshoring.
With competition from Latin American hot spots, a decline in visitors since the recession, and a drug war image problem, Mexico tourism has suffered lately.
The agenda of incoming Mexican president Enrique Pena Nieto has profound implications for Latin America’s second largest economy. But no industry stands to be potentially transformed the way energy does.
Global investors are finally taking note of the attractive opportunities generated by Mexican entrepreneurs and startups.
With daily news reports of drug-related violence on the U.S.-Mexico border, our neighbor to the South may not be the first place most wealth managers think of in search for returns on investment. But in recent years, Mexican businesses have grown at an impressive pace, making the country a new destination for venture capital firms in search of returns.
We have confidence in Mexico’s ability to perform to our financial and social expectations, creating high quality products, delivering value, and operating as a true extension of our North American business.