Foreign investment rises, says Conago

thenews.mx

Mexican Ambassador to the United States Eduardo Medina Mora Icaza. NOTIMEX PHOTO/SPECIAL

BY MAGALI MARLENE JUAREZ
The News

Despite the drop in oil prices and the “perception of insecurity,” Mexico continues to show positive results that are reflected in investment, said Mexican Ambassador to the United States Eduardo Medina Mora and the president of the National Governors Conference (Conago), Jorge Herrera Caldera, during a trilateral meeting of North American governors Saturday.

The meeting included Conago, the U.S. National Governors Association (NGA) and the Canadian Council of the Federation (COF) and took place in Washington, D.C., at the Canadian Embassy.

The Mexican ambassador said that when considering the difficulties of the national and international situation, there are positive results for Mexico. The 2014 year showed the greatest investment from the United States in Mexico, which is a positive indicator of overall foreign investment.

Durango Gov. Herrera Caldera said the structural reforms promoted by President Enrique Peña Nieto will guarantee opportunities for investment, industrial development and economic growth in Mexico.
Herrera Caldera used the Northern Mexico Economic Corridor as an example.

The corridor consists of the Durango-Mazatlán highway, the new rail station, the Laguna Connectivity Zone and economic infrastructure being built in Durango with support from the federal government.

He also stressed the definition of agreements leading up to the North America Summit to be held October 2015.

The trilateral meeting is an extraordinary platform to promote Durango and attracts investment, tourism and international cooperation topics, the governor said.
 

Herrera Caldera said attendees of the trilateral encounter also showed their institutional willingness to strengthen a political, migratory and economic development agenda.