Mexico's Economic Growth and Foreign Investment Attractiveness

Mexican President Vicente Fox addressed foreign investors, highlighting the country's broad set of trade accords and its potential for growth. With access to 42 nations and a market of 900 million people, Mexico stands as the most attractive country on Earth. Fox also confirmed a relaunch of the economy, anticipating growth of 3.5-4.0% this year, with Foreign Direct Investment (FDI) expected to reach $15.6 billion, a 45% increase from 2003.

Key Takeaways:

• Mexico boasts the broadest set of trade accords in the world, granting preferential access to 42 other nations and a market of 900 million people.
• President Fox announced a relaunch of the economy, anticipating growth of 3.5-4.0% in 2004.
• Foreign Direct Investment (FDI) is expected to reach $15.6 billion in 2004, representing a 45% increase from the previous year.
• Fox emphasized the importance of investor stability and the creation of jobs through foreign investments.
• The Mexican government aims to reassure investors that they made the correct decision by choosing Mexico for their capital.
• Internet Securities, Inc.'s report on Mexico's economic growth was provided as a service to its customers, with no representation or warranty regarding the accuracy or content of the translation.

Statistics:

• Mexico has trade accords with 42 other nations.
• The country's market access totals 900 million people.
• Anticipated economic growth in 2004 is between 3.5-4.0%.
• Foreign Direct Investment (FDI) is expected to reach $15.6 billion in 2004.
• FDI in 2004 represents a 45% increase from the previous year (2003).
• 2004 growth and FDI projections claimed by President Fox.

Sources:

• "Mexico has the Broadest Set of Trade Accords in the World" - El Economista (no date)
• "Corporate Mexico by Internet Securities, Inc." (no date)
• "Mexico's President Fox Urges Stability for Investment" - COMTEX (no date)
• "News Provided by COMTEX (http://www.comtexnews.com)" - COMTEX (no date)