Spaniard companies choose Mexico as their refuge
Mexico City.- The economic crisis prevailing in Spain has forced businessmen and professionals to look for growth and development opportunities in other countries, such as Mexico, which is attractive due to its position in the global environment.
Francisco Garzon, Head of Spain’s Economy and Trade Office in Mexico, said that the Spaniard public and private deficit is in the hands of their government, which is working on implementing structural reforms to solve problems and take growth back, but for the time being the economic environment forces businessmen to pick other destinations for their investments.
“In the last few months we have observed a large number of Spaniard companies interested in Mexico, for both foreign trade and investment. Mexico is on top of their lists now more than ever because the companies have realized that they must go abroad and so much the better if it is a country with juridical certainty and close cultural relations, such as Mexico”.
Source: El Universal | Date: 14/08/2012