In a volatile global market, an investment of $11.17 billion by members of the Executive Board of Global Companies organization signaled confidence in Mexico, President Enrique Peña Nieto said during a meeting Wednesday with the directors of 39 multinational companies whose interests are represented in the country.
“This confirms a continued desire to invest in Mexico,” he said
The companies that form the organization have announced a plan to invest more than $11 billion to expand their existing presence in the country, as well as an investment of $13.5 billion for expenditures, the president said.
“Through the direct and indirect creation of jobs fostered by these investments, 56,000 jobs will be created in 2015,” he said.
In a private meeting with members of the board, the president introduced a detailed report of actions taken by his administration to improve the quality of life for Mexicans.
The structural reforms that have been passed have already improved the education, security, health and employment sectors, he said.
The members of the board are interested in ensuring that Mexico remains as an attractive destination for global investment, as this will help generate better paying jobs and more highly qualified employees, said Pedro Padierna, president of the board and head of Pepsico in Mexico.
The investments will lead to the direct creation of 9,000 jobs and 46,000 indirect jobs in the energy industry, aeronautics, pharmaceutical and in technology.
BY MAGALI MARLENE JUÁREZ
more recommended stories
Yucatán beekeepers to receive more and better support from state government
The Yucatan state government and apicultural.
AMLO orders end to corporate tax breaks in Mexico
MEXICO CITY, May 20 (Reuters) –.
Climate change improves production of habanero pepper in Yucatán
“Facing the climate change that prevails.
Google suspends business with Huawei after Trump blacklist
Alphabet Inc’s Google has suspended business.
On World Bee Day, actions are needed to Save the Bees
The United Nations designated May 20.
Morehouse College grads are surprised by a billionaire’s promise
Atlanta, GA (CNN) – Morehouse College.
Father of slain pregnant teen blames ‘anti-immigrant laws’ for delay in investigation
The father of a pregnant teenager found.
Trump ‘engaged in impeachable conduct’… GOP Rep. Justin Amash.
Justin Amash is the first GOP.
Quintana Roo beaches threatened by smelly seaweed invasion
MEXICO CITY (AP) — Tourists looking.
Tensions with China help U.S. see importance of North American trade (Jesus Seade)
MEXICO CITY (Reuters) – Tense U.S.-China.