• CONCERN: Global companies operating in Mexico warned of an increasingly difficult environment due to mixed messages from the López Obrador Administration along with unexpected rule-changing and growing insecurity all of which they say is hindering new investment.
• JOINT: In a rare joint conference with the country’s top business lobby (CCE), the Executive Council of Global Enterprises (CEEG) operating in Mexico said that macroeconomic stability and fiscal discipline while important are no longer enough to incentivize investment.
• HOSTILITY: “Global companies…have seen with deep concern how the perception of uncertainty and hostility to investment has increased. We’re having a hard time convincing our parent companies to continue investing in Mexico”, said Claudia Jañez, president of DuPont Latin America.
• FIFTY ONE: The CEEG is comprised by 51 global companies from different areas including the energy sector (Exxon Mobil, Shell and BP), financial services (American Express, Visa and CitiBanamex), courier operations (FedEx and DHL), among others.
