Gateway to America (Continent)
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Gateway to America (Continent)
- 2. Mexico From macro to micro
- 3. Industrial redistribution US Imports Market Share Source: USDOC
- 4. Annual Growth* */ Over the same moth last year Source: INEGI Mexico’s Export Performance
- 5. US Non-petrol Imports Source: USDOC Exports as a Growth Driver Market share (January-August 2010)
- 7. Preferential Tariff Access to 44 countries.
- 8. Automotive business opportunities in three continents (America, Europe, Asia).
- 10. Banking sector Sources: Countries' Central Banks and National Statistics Offices, JP Morgan and Global Competitiveness Report 2009
- 11. Manufacturing cost comparison Manufacturing costs: Mexico has a business cost advantage of 18.2% average (of 17 industries) relative to the US (Source: Alix Partners 2009). Source: United States Department of Labor (International Labor Comparisons, 2007) and International Labour Organization (salary history in dollars). Note: Estimates for labor costs per hour for 2008 use 2008 growth rate for labor unit cost (source Global Insight) and the exchange rate at year end.
- 12. Ease of doing business Among Latin American Countries, Mexico has the highest ease of doing business (World Bank, Doing Business 2011). Source: Doing Business 2011 – World Bank Group
- 13. Mexico is a source of talent that is very attractive for businesses in various sectors. Every year, close to 90,000 students graduate from engineering and technology programs (Source: ANUIES). Source: National Population Council.
- 14. Geopolitical position … access to > 60% of World GDP Macroeconomic stability Open economy Healthy banking sector Competitive workforce Business friendly Young and prepared people “Gateway to America” Mexico situation
- 15. Is this real? Some examples…
- 17. Proof: what Volkswagen is doing Source: Volkswagen de México
- 18. Natural hedging Buy and manufacture in the “dollar-zone” to sell in the “dollar-zone” Natural Hedging
- 19. About ProMéxico A snapshot
- 20. Soft Landing Ombudsman One stop shop Investor-Aftercare Advise and information What is ProMéxico?
- 21. ProMéxico coordinates Public and private sectors What is ProMéxico?
- 22. Mexico’s investment map http://mim.promexico.gob.mx/
- 23. Vielen Dank!!! Erwin Feldhaus erwin.feldhaus@promexico.gob.mx