Speaking at the 12th México Business Summit México’s billionaire Carlos Slim said México has a tremendous opportunity to join the most developed countries in a few years.
Carlos Slim said México can enter “through the front door” to greater than a 5% annual growth, but “if there is something to ask the government to accelerate this it is to have a sense of urgency and to open all those investment projects that have been closed to private investment and act as quickly as possible.”
For this to occur the honorary chairman of companies like American Movil said the country must focus on investment and education.
Investment in telecommunication, electricity and the oil and gas sector is needed, he noted. Another area that requires investment is the country’s infrastructure, the billionaire stated.
The second area upon which the government must focus is education he said. “We need all of our people educated so they can have higher incomes.” Carlos Slim added, “The best investment is to fight poverty.”
(from CNN Expansión)
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