Mexico, among the countries with the best economic valuation to invest by Spanish companies
In the XII Panorama Report of the Spanish Investment in Ibero-America, some aspects stand out, such as the assessment of Mexico City as the best metropolis in the region to do business by the 104 Spanish companies.
On a scale of 5, Mexico achieves an assessment of 3.46 points in 2019 according to the XII Panorama Report of the Spanish Investment in Latin America prepared by IE BUSINESS SCHOOL with the support of Llorente & Cuenca and Iberia, and whose complete conclusions will be presented on next February 20 in an act that will take place in Madrid.
This score 3.46 for 2019 is slightly lower than the 3.67 that Mexico obtained in 2018 according to the same report.
In the full report of last year, highlights some aspects such as the assessment of Mexico City as the best metropolis in the region to do business by the 104 Spanish companies that participated in the report of last year's edition.
"Mexico is one of the main, if not the main, destination of Spanish investments in Ibero-America along with Brazil. But unlike the South American country, Mexico has managed to attract a much more diversified investment portfolio: banking, energy, auto parts, tourism or IT, "says Juan Carlos Martinez Lázaro, professor at IE Business School and director of the report.
"It has also proved to be a more attractive destination for SMEs than Brazil, which is due to economic, cultural or commercial factors, such as its free trade agreements with the US and the European Union and its most favorable trade policy. international ", he adds.
For his part, Victor Moneo, Director of Iberia for Latin America, says that for the company "Mexico has always been a priority market and, in fact, we have just announced a very significant increase in frequencies by 2019, which places Mexico as the Latin American country where we concentrate more capacity ".
"Since the opening of our office in Mexico in 2007, we have witnessed the permanent growth and commitment to innovation of one of the most vibrant countries in Latin America, without a doubt a natural market for Spanish investors, due to our cultural affinity. , as for the way of doing business and a stable legal framework ", considers Alejandro Romero, Americas CEO of LLORENTE & CUENCA.
In the XII Panorama Report of Spanish Investment in Latin America, 104 Spanish companies with investments in Ibero-America participated, and presented the vision of Spanish investors on the different countries of the region in 2019, as well as their investment strategies in each country.