Mexico City is the main entity that attracts Foreign Direct Investment (FDI) in the country, so it is preparing to receive capital in view of the reconfiguration of companies ‘ supply chains , affected during the pandemic, and that they seek to relocate their facilities for production and to provide services.
Supply chains are reconfigured, and part of the physical investment of the federal government is concentrating on developing an enclave to the southeast to meet the needs arising from these changes, which also benefit all the states of Mexico, specifically the Mexican capital, explained Gabriel Yorio, undersecretary of Finance and Public Credit, when participating in the inauguration of the Investment Fair in Mexico City this Thursday.
“Mexico City has everything to attract investment: research centers, innovation centers, universities, it is number one in GDP per capita, it is number one in job creation, and it is our financial hub, they have a very important role in the economic recovery of the country, and with the actions that have been implemented in this government, it contributes so that Mexico is a country of investors”, he said.
He explained that the federation works with the states to reduce costs in the economies, and thus facilitate and enhance investments in the country.
According to the head of government of Mexico City, Claudia Sheinbaum, we work together with the private sector to reduce the procedures that are necessary to open a business in the Mexican capital, so that they are reduced from 2,000 to 500 procedures.
He stressed that CDMX, thanks to its offer for business, captures 36% of all FDI in the country, and also has a great weight in the recovery of the country’s economy, given its economic profile concentrated in trade and the provision of services. , like manufacturing, which has been recovering since June, the capital also has two months with job recovery, the official explained.
In addition, the Mexican capital is also recovering due to tourist activity, and the digital nomad market, which is increasingly important and contributes to economic growth, highlighted the head of government at the inauguration of the Mexico City Investment Fair.
Luis Antonio Ramírez, head of Nafin and Bancomext, highlighted that the opportunities for companies to take advantage of nearshoring will be enhanced with credits granted by development banks.
He stressed that the Mexican capital has a responsible management of public finances and that it generates 18% of the national GDP, and that in Mexico City it is the digital, research and technology sector that can benefit most from the reconfiguration of the supply chains, which came after the covid-19 pandemic.
