Germany will continue investing in Mexico
According to the last survey from the German-Mexican Chamber of Commerce and Industry (CAMEXA), German companies will increase their investment in Mexico, despite the concern for Donald Trump’s new policies. CAMEXA indicates that 83% of German companies in Mexico foresees a negative effect in their business due to the commercial policy of the elected U.S. President. CAMEXA assures that, regardless of this, the trust of German entrepreneurs established in Mexico remains unaltered. Most German entrepreneurs are anticipating new investment for 2017. Johannes Hauser, General Director of CAMEXA, informed that small and medium enterprises from Germany have great interest in becoming involved with the value chain of the energy sector, not for crude oil exploitation, but as technology providers. Hauser explains that in addition to the automotive and equipment sectors, the capital goods are playing a major role in German exports to Mexico.