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On February 6-7, Mexico conducted News Daily and Quarencia “The future of Mexico forum” Baja California Sur at Quarensia Private Golf & Beach Club in Los Capos. The future of Mexico was discussed on various topics on various topics. As part of this forum, the MNT team conducted a series of exclusive interviews with each speakers, and share the highlights with you in this series.
The second and third interviews we publish with the general director of the Public Policy Committee with Valeria Moi Mexican company for competitiveness (Imco), and the head of the financial service company, Enrick Govarupias, the head of the research. Actinver.
Moi, an economist, Columnist And BodcasterHe holds the Degree of Mexico’s Autonomous Technology Institute and the London School of Economics and Political Science. She appeared Forb’s list is “100 most powerful women in Mexico”.
Corvarubiaz, an economist, a contributor to the media to the media, education and estrian Investing.comHe was a research scholar at the University of Mathematics and Economics at the University of Edinburgh, Scotland.
In the MNT/Quernsia “Future of the Mexico Forum,” Valeria Moi and Enrik Govarubiaz engaged in a number of economic problems with Travis Pempenec, Mexico News Daily with CEO and publisher.
After discussing their “Mexico Economic Ocean: Challenges and Opportunities”, Moi and Govarubiaz spoke to the Mexico News Tailee, and discussed the development opportunities near Mexico and the central government’s project Mexico economic initiative.
Vision for the Mexican economy
The Mexico survey of 40 researchers conducted in late January is a 1% of GDP in Mexico this year.
Mexico Mexico faces the “most challenging environment for short -term growth”, said Corvarubius Mexico News Daily.
“Even 1% starts to be a little confident,” he said, with “many reasons” to the lower point of the Rosian.
One of them, Govovarupius, said that the latest changes in both Mexico and the United States have made it a “challenge” Believe in foreign investors that Mexico is the right place to invest Now.
The uncertainty of US President Donald Trump’s payment objectives and the effect of Mexico’s upcoming judicial elections are not suitable for investors’ confidence.
Govarubias said that most investors have decided that this is a waiting and viewing environment, and therefore, foreign direct investment in Mexico could be weak by 2025.
“It is not only about foreign investment, but also about domestic investment, private and public,” he added, “Mexican companies need a” more clarity “about the USMCA – which is reviewed by 2026 -” massive. Before making investments. ”
“… In terms of public investment, we are not going to definitely see the same amount of investment we have seen in previous years,” Govarubiaz said, often reduced the costs of infrastructure projects compared to the cost of Lopez Oprador.
“… It’s all about the things that started,” he said.
For its part, Valeria Moi, public funds are currently very “stressful”, and the central government needs private investment in Mexico.
So if Recently proposed Energy Department Rules To attract additional private investment and at the same time, the best energy to the entire country is “economic growth” may be slightly higher than predicted in a nearby time. ”
Valeria Moi on Plan Mexico: ‘A good news about where you want to go’
The federal government provided project Mexico last month.
Moi described the project as “industrial policy 101”.
“… There are some ideas about where you want to go. There are some ideas about the change of things, but at least in the project Mexico, the social growth, the social infrastructure, the change of regulations for electricity (and) water supply. So there are things I want about Plan Mexico, and if it is well implemented, it is… I think it may change some things for the middle and long period of time, ”he said.
“It is fundamental. … That’s not the project is not very certain,” Moi added.
‘A better chance for the Mexican economy’
The trade tensions between the US and China are “creating a better opportunity for the Mexican economy” because Chinese products may prevent entering the United States “
Trump is administrative Chinese imports have already imposed additional charges, which has been angry with Beijing And Will give retaliate.
Govarubias said US security targeting Chinese products “may force that product to be transferred to Mexico, and finally creating some of the sectors that are like Mexico China,” Govarubias said.
“… American companies should bet on Mexico as the whereabouts of this production,” he added.
Govarubiaz: 25% US fees are ‘catastrophic’ to Mexico, but they are not possible
As Trump proposed – Corvarubias said 25% of the US exports to the United States, but they are presently Suspended until the beginning of March – “Mexican is disaster for the economy.”
However, whenever the “external shocks occur”, such as imposing fees on Mexican products, “Mexican Beso tends to” depreciate “, causing Mexican exports to become more competitive, and labor costs to foreign companies running in Mexico.
However, Govarubiaz sees that 25% of the fee scene is not possible, but I do not think that any country in the world should experience the economic consequences of its neighbors in the world, but even those fees are also directly trying to compete with North America as a whole. Affects, but especially with Chinese companies. ”
Moi: ‘We need to change our educational models to a new world’
Moi Mexico told News that Mexico News Daily depends on Mexico’s system for criticizing its erectile dysfunction and opposition to its resistance.
“We need to transform and transform our educational models to a new world. It has changed a lot,” he said.
Following its answer to the question of the economic lessons learned from other countries, Moi said, “The Mexican government must learn how to invest public money.
When he participated in the economic session of the Mexico Forum, the IMCO leader criticized the great cost of the previous central government’s infrastructure projects Maya Railway Trail And the new refinery of the Pmex on the beach of Tabasco.
Moi and Govarubiaz both talked about the lower Fund amplifier The effect of public expenditure for infrastructure projects, significant cost is not translated into more economic growth to Mexico – at least not yet.
20 billion Olmega refining – it was Officially opened in 2022 But Still not running in full skill – “The best example of inefficient expenses,” Moi said.
Mexico News Daily Chief Employee Writer Peter Davis ((Email protected))
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