Looking to attract FDI in a creative manner

Mexico’s entrepreneurial sector shall embark in a “creative” task during 2017, with the objective of attracting FDI estimated between US$20 and US$30 billion, to maintain economic growth of at least 2.3%, hence requiring the Federal Government to authorize a package of incentives fiscal and credits for national companies. Juan Pablo Castañon, President of the Entrepreneurial Coordination Council (CCE), stated that if there is an adequate fiscal package and financing to SMEs, while value chains are strengthened with deregulation policies from the Federation, there could be greater economic growth in 2017. Inflation control will be another challenge, due to the fuel price, which is expected to return to normal with the arrival of foreign investment.