CMHN members will invest $34 billion dollars in 2011 in Mexico

CMHN members will invest $34 billion dollars in 2011

13/06/2011 16:31
Revival that shows the Mexican economy prompted the Mexican Council of Businessmen (CMHN), an organization that brings together the 37 largest business groups in Mexico, to inject $34 billion dollars this year, a figure considered historic after in 2008 was of $23 billion dollars.

'It's a record, a sign of confidence and ability to continue growing up to 5% of GDP and continue generating jobs', said Claudio X. Gonzalez Laporte, representative of the organization.
Last week, the CMHN reelected for the second consecutive year Eugenio Garza and during the private meeting with President Felipe Calderon were announced the investments.
From the $34 billion dollars, $20.5 will be used in commercial projects, infrastructure, mining, tourism and other national, while the remaining $13.5 will be allocated in plans abroad that will benefit the domestic market.
Businessmen from groups such as FEMSA, Alfa, Televisa, Peñoles, Carso, and Kimberly-Clark, among others, pledged to accelerate national economy to create jobs and achieve growth of up to 5% in the national economy, he said.
'We still believe that we have to keep pushing to get a 5% growth; then we will continue pushing harder with this investment, which is a record and never before has been seen. In the domestic market everyone must do its part ', said the also Chairman of the Board of Directors of Kimberly-Clark.
During the meeting with the President of the country, businessmen in Mexico expressed their concern about the negative image projected by the country abroad, derived especially for the climate of insecurity and violence, which inhibits investment.
The entrepreneur Claudio X. Gonzalez argued that the Business Coordinating Council (CCE) will promote the package of laws on national security, helping to build institutional capacity to cope with violence.
In 2000, the CMHN announced its investment plan to the government of former President Ernesto Zedillo for $8.5 billion dollars; in 2008 it did it with President Calderon for $23.663 billion dollars, and now will be increased to $34 billion dollars. (El Economista)
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