Despite the fact that Mexico is in a favorable international situation to build its future, investment is at “very, very low” levels, due to the lack of access to clean energies, insecurity and lack of rule of law, lamented Antonio del Valle Perochena, president of the Mexican Business Council (CMN).
When inaugurating the Summit of the 1,000 most important companies in Mexico, organized by Executive World, on the new reality of business, the leader of the organization of large companies said “convinced that Mexico can grow and must grow at a faster rate , and only with more investment, will we be able to maintain the inertia of what is now a rebound to turn it into sustained growth in the years to come ”.
The businessman who represents the 60 companies that contribute 17% of the national GDP recognized the advantage of having healthy public finances that have allowed macroeconomic stability and that consumption indicators have recovered to historical levels. But, he warned that those conditions will remain if there are conditions to improve the business environment.
However, “it is investments that are at levels today, very, very low, which will guarantee us to prosper in the medium and long term,” said Antonio del Valle.
For this to be possible, said the president of the CNM, it is necessary to guarantee access to energy in a competitive and clean way, considering the future demand that economic growth will demand.
Also, he stated, it is urgent to reduce the cost of doing business through fiscal measures, which are important for MSMEs, the country’s main investors and generators.
As well as strengthening the institutional capacity in the administration, including the autonomous bodies, and above all respecting the rule of law and the security of the country
