Mexico may attract European investments
Monterrey, Mexico.- The European crisis has become an opportunity to attract investment to Mexico, which is nowadays more attractive for Spaniard companies interested in expanding their operations, Juan Carlos Martinez Lazaro, Professor of Economics at IE Business School.
Spaniard companies used to concentrate their investment at countries in the European Union, but current economic uncertainty at Eurozone has made them turn their eyes to Latin America as the best choice, and especially Mexico is among the best options, Mr. Martinez assured.
“It used to be very easy for a Spaniard company to grow in Europe. But now (due to the crisis) it will not be so, and they are therefore looking for sites to grow”, he said.
Source: El Norte | Date: 07/06/2012