Especially in recent years, Mexico has proven to be one of the most influential economies in the world. It is not only the optimal geographic location, but also the extremely favorable conditions for business relations that encourage more and more international companies to start expansion projects in Mexico. In particular, the fact that Mexico has 12 free trade agreements with 46 countries is increasingly attracting interest from foreign investors.
Just recently, the US beverage and food group PepsiCo Inc announced that it would invest 4 billion US dollars (around 3.6 billion euros) in projects in Mexico. The projects will include measures to reduce CO2 emissions and promote the transition to renewable energy sources. 109 million dollars will be invested in the construction of a new plant in the state of Guanajuato, which will create around 3,000 new jobs. The primary focus of the investment will be on community development programs that focus on water, recycling and nutrition. In addition, the production of raw materials such as potatoes, sugar cane and corn from medium-sized and large producers is to be strengthened.
Mexico is PepsiCo’s largest subsidiary in Latin America and the second largest in the world. Ramón Laguarta (CEO) remarked that he was proud of PepsiCo’s over 100-year history in Mexico. He said that is was an honor for the company to have a positive impact on the country and its economy.
Mexico wants to channel investment into the energy sector over the next few years. The Spanish power generation and distribution company Iberdrola plans to invest a total of 5 billion US dollars in Mexico over the next six years. 1.3 billion dollars are earmarked for the construction of five new power plants whose electricity is to be sold to the industrial sector. According to Iberdrola´s CEO Enrique Alba, the investment will meet the growing needs of the country’s manufacturing and industrial sector. Alba discovers the potential that Mexico has to offer and looks forward to the project with confidence.
Mexico’s growth is being driven by such projects and Mexico is attracting more and more attention as an investment location.