Mexico, a Country of Opportunities

Mexico, a country of opportunities
February 3, 2011 - 18:36Credit:Connie Estefan *
Our Mexico is without doubt a country of great opportunity and there are grounds to support this argument.

Our country enjoys an excellent geographical location that opens the door to countless markets.

The good climate and biodiversity of species make Mexico a country rich in natural resources. Its people, mostly young, is the great engine that drives the economy. Moreover, in recent years the discipline in the management of public finances has led the government deficit is moderate and that our debt will decrease.

True, Mexico is a country with sound public finances and, while much of the resources which the country from oil revenues, it is also true that in recent years has been making a major effort by the government to increase the tax base and non-oil tax revenues.

Investment in infrastructure has been increasing in recent years, reaching record numbers, thereby benefiting the FDI.

Mexico is a reliable proof of this is that the International Monetary Fund has renewed the flexible line of credit for two years and U.S. $ 73.000 million.

Today our reserves are even greater than those we had before the start of the global crisis, reaching 113.000 billion.

It is clear that Mexico is a country with great growth potential. In this context, I think it is important to join the wave of projects that benefit the development of our country. One way is to invest in Mexican companies and the easiest way we have at hand the Investment Funds Equity National.

There are several funds that support the country's largest companies, as those who follow the Price and Quotations Index (IPC), there are even funds that are sector, so we may well choose to promote a specific sector, such as the infrastructure and housing construction in Mexico.

When we invest in Mexico, we believe in our country and we are giving a vote of confidence to our people. It is to be a win-win equation.

What matters is that if the country's expectations are positive it is likely that Mexican companies also do well. So, this is a good time to share the benefits of the Investment Funds Equity National.

My recommendation is that we approach with an investment specialist to guide us and take advantage of the opportunities our country offers.

* Connie Estefan is associate Bancomerconnie BBVA's asset management.