LATIN AMERICA ADVISOR

LATIN AMERICA ADVISOR

A daily publication Of the dialogue

November 4, 2024

Will Mexico Be Able to Attract Significant New Investments?

Mexico’s deputy foreign trade minister, Luis Rosendo Gutiérrez, said last month that the country is considering new tax credits in order to attract investment. // File Photo: @LuisRosendo_ via X.

Q

A

Isabel Clavijo Mostajo, vice president of institutional affairs at PRODENSA: “To make Mexico a prime location for companies’ reshoring supply chains, we need to focus on three key areas: infrastructure, trade facilitation and targeted incentives for strategic sectors. First, reliable infrastructure—particularly in water and energy—is essential. Even with incentives, inadequate infrastructure will deter companies from relocating closer to main markets. Access to consistent resources is crucial for reducing operational risks and costs, making infrastructure development a priority. Second, trade facilitation builds trust between companies and tax authorities, which is essential for the efficient movement of goods. Companies are more likely to invest when they know they can rely on streamlined, predictable customs and regulatory processes. This trust in trade facilitation makes Mexico a more attractive partner for businesses seeking dependable supply chain solutions. Lastly, targeted incentives are necessary to…”

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The Inter-American Dialogue publishes the Latin America Advisor every business day for a distinguished membership of informed corporate leaders, scholars, and government officials invested in Latin America’s development and future. The Advisor‘s highly regarded Q&A section covers questions submitted by subscribers themselves. Commentators regularly include heads of state, business leaders, diplomats, economists, analysts, and thought leaders from around the world. Many of the world’s largest and fastest-growing companies subscribe to the Advisor. To subscribe, click here. For terms and conditions, click here. For more information, contact Gene Kuleta, editor of the Advisor, at gkuleta@thedialogue.org.

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Gene Kuleta
Editor
P. 202.463.2920
E. gkuleta@thedialogue.org

Carl David
Goette-Luciak
Reporter

Nili Blanck
Reporter

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Diego Arria
Director,
Columbus Group

Merike Blofield
Professor of Political Science,
University of Hamburg

Devry Boughner Vorwerk
CEO,
DevryBV Sustainable Strategies

Joyce Chang
Global Head of Research,
J.P. Morgan

Marlene Fernández
Corporate Vice President for Gov’t Relations,
Arcos Dorados (McDonald’s)

Peter Hakim
President Emeritus,
Inter-American Dialogue

Donna Hrinak
Director,
Adtalem Global Education

Jon E. Huenemann
Council Member,
GLG Inc.

James R. Jones
Chairman,
Monarch Global Strategies

Craig Kelly
Senior Director,
Int’l Gov’t Relations,
Exxon Mobil

Barbara Kotschwar
Professor of Political Economy,
Georgetown University

John Maisto
Director,
US Education Finance Group

Nicolas Mariscal
Chairman,
Grupo Marhnos

Thomas F. McLarty III
Chairman,
McLarty Associates

Beatrice Rangel
Director,
AMLA Consulting

Ernesto Revilla
Head of Latin American Economics, Citi

Gustavo Roosen
President,
IESA

Andrés Rozental
President, Rozental &
Asociados

Shelly Shetty
Managing Director,
Sovereigns, Fitch

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