Who are Global Companies?
Global Companies is an organization that brings together 61 international companies operating in Mexico. This group plays a significant role in the country’s economic landscape, contributing to its growth and development.
FDI Projections and Current Contributions
Manuel Bravo, the president of Global Companies and representative of Bayer de Mexico, stated that his organization expects to contribute up to 50% of the Foreign Direct Investment (FDI) Mexico will receive over the next three years. This potential investment could reach a staggering $20 billion.
In 2024, Mexico received nearly $37 billion in FDI, with Global Companies’ member firms accounting for 40% of that total. This demonstrates the substantial influence these companies wield in shaping Mexico’s economic future.
Call for Legal Certainty
Bravo emphasized the importance of legal certainty for continued growth, stating that his organization has advocated for this necessity with Claudia Sheinbaum’s government. He highlighted the significance of ensuring that legal matters are addressed correctly, fostering a stable business environment.
Steady Commitment to Mexico
Bravo expressed confidence in the continued presence and growth of global companies within Mexico, asserting that their projected investment over the next three years will likely remain between 40% and 50% of the FDI.
Positive Outlook for Mexico’s Economy
“Mexico will be in a much better position than it was before,” Bravo confidently predicted, reflecting the optimism shared by Global Companies regarding Mexico’s economic prospects.
Key Questions and Answers
- What is Global Companies? Global Companies is an organization that unites 61 international firms operating in Mexico, significantly impacting the nation’s economic development.
- What FDI projections have been made by Global Companies? Global Companies anticipates contributing up to 50% of the FDI Mexico will receive over the next three years, potentially totaling $20 billion.
- What percentage of FDI did Global Companies’ members contribute in 2024? In 2024, Global Companies’ member firms contributed 40% of the $37 billion in FDI that Mexico received.
- Why is legal certainty important for Global Companies? Legal certainty is crucial for ensuring a stable business environment, which in turn encourages continued growth and investment from Global Companies’ member firms.
- What is Bravo’s outlook on the future of global companies in Mexico? Bravo is optimistic about the continued presence and growth of global companies in Mexico, predicting that their investment will maintain a significant portion of the FDI over the next three years.
