04
Sep
We are so lucky to live, visit and play in such a spectacular place.
Mexico’s Economy Minister Bruno Ferrari recently interviewed with Bloomberg’s Peter J. Brennan at a Mexican trade fair in Los Angeles on Aug. 19-Ferrari suspects Mexico to have over 20 billion in foreign investment by the end of this year. Much higher than what was expected. Analyst around the world have been talking about Mexico and investing in Mexico because Mexico is the most reasonable and hospitable with less manufacturing cost in the Northern Hemisphere. About 25% below than the US.
Economist are expecting a 4% growth in Mexico this year. The single most important investment that has not been announced until now is the Automotive industry. More companies are moving production to Mexico due to rising prices in other countries including Asia.
To see the video in it’s entirety click here.
