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For the third year in a row, Mexico under AMLO is out of the most attractive countries for investment ranking

According to the consulting firm Kearney, the 5 most attractive countries to invest in are the United States, Germany, Canada, Japan, and the United Kingdom.

Despite improving its confidence index, Mexico was left out of the 25 most attractive countries for investment at the international level, according to the survey carried out by the consulting firm Kearney.

According to Ricardo Haneine Haua, partner of the firm, although the country is close to making the list and has advanced in its position, it has not yet reached the top due to the institutional changes and reforms promoted, such as the electric one. 

At a press conference, he indicated that Foreign Direct Investment (FDI) has remained relatively stable and has continued to drive the modern sector of the economy with superior dynamic growth, although its share of United States imports is still below its potential. given the proactivity of low-cost Asian countries.

“The expectations of institutional changes and reforms that give competitiveness to the modern economy, such as energy, as well as investments in infrastructure by the federal government, are the issues that counteract the positive position of Mexico with global investors,” he said.

In this sense, the partner of the firm commented that by maintaining the position of the CFE, the entire country’s industry will have a competitiveness gap because electricity would be more expensive if the reform of Andrés Manuel López Obrador is approved; In addition, the pressures on autonomous bodies also affect investment.

It was in 2020 when Mexico stopped appearing in the Kearney index of the 25 most attractive nations to invest in, in which it had appeared since 2011, due to uncertainty due to the change in regulatory frameworks in various productive sectors. 

The consultant highlighted at the time that the country was left out of the index, even with the entry into force of the Treaty between Mexico, the United States and Canada (USMCA); A year later he was absent again due to the reform of the electrical industry, the initiative to regulate subcontracting and the extinction of public trusts.

These are the most attractive countries to invest: 

  1. United States
  2. Germany
  3. Canada 
  4. Japan 
  5. United Kingdom
  6. France
  7. Italy
  8. Spain
  9. Switzerland
  10. China 
  11. Australia 
  12. New Zealand 
  13. Sweden
  14. Arab Emirates 
  15. Netherlands
  16. South Korea 
  17. Belgium 
  18. Singapore 
  19. Portugal 
  20. Austria 
  21. Denmark 
  22. Brazil
  23. Norway
  24. qatar
  25. Ireland 

Source: forbes.com.mx

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