• .The government and the CEEG share the same goal: for Mexico to do well, he said.
  • The CEEG reaffirms its commitment and confidence in Mexico as an attractive investment destination: Frédéric Garcia

President Enrique Peña Nieto met today with members of the Global Enterprises Executive Council (CEEG), who presented him with the Mexico Agenda 2030: Proposals for Inclusive Growth in response to the Fourth Industrial Revolution, which contains proposals for achieving more inclusive economic growth and continuing to drive the transformation and well-being of Mexican society.

In the Adolfo López Mateos room of the official residence of Los Pinos, the president declared that the meeting confirms the confidence the CEEG has in Mexico and its transformation, and confirms that the government and this business organization share the same goal: we want Mexico to do well.

He said that the Mexico Agenda 2030, “Matches the efforts the government has been promoting in this administration”.

He said that many of the positive things happening in the country are largely due to the participation of economic actors in global companies which, “Like you, believe in Mexico and continue to bet on Mexico, and have set their sights on the horizon with Mexico in mind”.

This is giving the country very positive things: growth, record employment levels, low inflation rates, credit expansion and increased consumption. “Growing consumption which is also becoming an important factor in the growth we are experiencing as a country,” he said.

He said that, “These are the very good things I think are worth defending, looking after and continuing to talk about wherever there are opportunities”.

President Peña Nieto thanked the entrepreneurs for their proposals for future work, which, he said, “Will significantly contribute to the promising development of our country”.

He said that his government is working, “With the goal of seeing challenges as a great opportunity to continue building. I invite you to join this important effort so that your businesses grow and continue to spread throughout Mexico and the world so that  Mexico, together with them, achieves higher levels of development”.

AGENDA MEXICO 2030 CONFIRMS THE CEEG’S COMMITMENT TO LONG-TERM INVESTMENT IN MEXICO: FRÉDÉRIC GARCIA

At the meeting, President of the CEEG Frédéric Garcia noted that the structural reforms of the current administration have established an open economy, and reiterated his commitment and confidence in Mexico as an attractive investment destination.

He said that the Council seeks to promote a better business environment, by encouraging competitiveness and boosting the country’s capabilities and potential.

He explained that Agenda Mexico 2030, “Builds on the progress registered by the country and is based on free trade. It takes into account the current context, and the opportunities and challenges that lie ahead as a result of the Fourth Industrial Revolution and the complex international context”.

The Mexico Agenda 2030, he said, seeks to lay the foundations so that in 13 years the country will achieve the following goals:

  • Place Mexico among the world’s top five exporters.
  • Double labor productivity.
  • Double per capita GDP and improve distribution.
  • Increase opportunities for social development by creating a million formal jobs a year.

Frédéric Garcia explained that the proposed goals for 2030, “Seek to make Mexico more global, efficient and inclusive. They are ambitious but possible goals, and the conditions are in place to achieve them”.

He said that Agenda Mexico 2030, “Underlines the CEEG’s commitment to long-term investment in Mexico, and confirms its willingness to being a strategic partner of the government’s in order to work together for the country’s economic and social development, which is particularly important in the current situation”.

At the meeting, the CEEG engaged in an open dialogue with President Peña Nieto moderated by Secretary of Economy Ildefonso Guajardo Villarreal, in which topics such as value chain development; the training of university technicians and the productive sector; Special Economic Zones (SEZs); investment in research and development and financial inclusion were discussed.

The CEEG brings together 50 multinational companies with a presence in Mexico, leaders in their respective fields, representing 10 percent of the country's GDP, 11 percent of its exports and 40 percent of total foreign direct investment. Its affiliates provide 500,000 direct jobs and 1.5 million indirect jobs.