Foreign investment in Mexico continues… but with caution

The American Society of Mexico (AmSoc) aims for U.S. investors to keep investing in Mexico during the administration of elected president Claudia Sheinbaum, “despite concerns raised by judicial reforms that do not necessarily favor the investment climate,” said Larry Rubin, president of the organization.

“The current reforms do not provide the necessary guarantees to encourage foreign investment, and that is a real concern.

However, we have conveyed to investors that it is necessary to maintain dialogue and trust that the incoming administration will understand the urgency of improving conditions to attract foreign capital.”

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Rubin explained that although the current regulatory environment is challenging, the organization continues to promote collaboration with the new government.

“We believe that elected president Sheinbaum and her team have the opportunity to adjust course, providing greater legal certainty and facilitating economic growth.”

The next Secretary of Economy, Marcelo Ebrard, will be key in this process, given his capability and closeness to the business sector,” he added.

Rubin stated that important investment announcements from U.S. companies, which have decided to give Mexico a vote of confidence, will be revealed soon, albeit with caution.

“This vote of confidence is clear, but it is not unconditional. Investors expect to see concrete actions from the new government that demonstrate a real commitment to creating a favorable environment for investment,” Rubin emphasized.

Información originalmente publicada en El Heraldo de México.