The Mexican Institute of Finance Executives (IMEF) warned that the Mexico Plan, which President Claudia Sheinbaum announced this Monday, although it is a great effort between the government and the private initiative, is quite ambitious and will achieve the investment goals. foreign direct (FDI) that requires creating a scenario of trust.
The President of the National Committee of Economic Studies, Víctor Manuel Herrera, specified that the FDI goal contained in the Mexico Plan of 100,000 million dollars per year is very ambitious since, historically, it has been 12,000 to 14,000 million in new FDI and that It requires making an effort to have profound changes.
“The first part of this change is to return confidence to the foreign and national investor so that they put their money, offer legal security in documents, such as laws, so that there can be this confidence and also that the new judicial system defends those laws to the bottom. of the letter and that there is no tendency to be able to leave with a bias from the government because the government appoints the candidates who are going to be elected,” he said.
In a monthly press conference, Víctor Manuel Herrera assured that to the extent that there is confidence that the written rules will be respected, the investment will arrive, and added that setting such ambitious goals fosters the commitment to implement an ironclad change. to implement a change like the one being made.
“Many public policies will emanate from this document. We have to see how they develop to be able to see the different levels of development or growth in different sectors and in different areas of the country. It is a document from which others will be emerging for more tactical plans to be able to implement them,” he noted.
However, the President of the National Committee for Economic Studies recalled that to put up a new plant, build it and put it into operation, it can take three or four years, which does imply pressure to reach investment levels in a relatively short term in the investment world.
“That is the biggest challenge that I see in Plan Mexico to be able to achieve the ambitious goals, but it is good that they are ambitious goals, because they require strong goals and that can lead us to materialize growth in investment and growth for the country in a period of time. “If it doesn’t happen in 2030 and it happens in 2031, there won’t be any problem,” he said.
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