subject: The Role Of Foreign Investment In Mexican Industries [print this page] Foreign investment has become one among the most necessary factors in Mexico, with investment from foreign countries increasing the Gross National Product of the country by close to 4%. In the fixed capital percentages, the percentage has risen from just about 3% to over 16% in less than 20 years and also the ratio seems likely to carry on. The results of those figures imply that the liberalization of investment policies has had a dramatic effect upon the numbers of foreign investors in Mexico.
This investment has also had an important impact upon industry in Mexico and in specific it has influenced the increase of IT and electronics building in the country. One of the areas outside of Mexico City most usefully impacted is found at Guadalajara. This city is home to a large portion of the IT industry in Mexico and in fact it is often called Silicon Valley due to the amount of IT production and commerce which occurs there. Whereas nearly all of the competing nations around the world, such as China, India and Japan, have a rapidly growing IT business, the IT industry in Mexico is among the biggest.
Due to the interest in other countries, the Mexican government has devoted itself to promoting IT and also the foreign investment that comes with this growth. The information technology and electronics industry in Mexico has also been targeted by outside investors, including Hewlett-Packard and IBM. While there has also been some movement into other countries like China, the progress of jobs has allowed young individuals in Mexico to develop better careers and business models. The model of Mexican involvement with the North American IT business has turn out to be the plan by which other countries, like India, have tried in making their way into the electronic age.
Most of the products made in IT business in Mexico are transferred to the North American or European market for sale, but there is even a significant want in South America for electronic products also. Such a market has opened up lately and Mexico is among the sources for goods being sold right across the rest of the American continent.
Overseas companies utilizing industry in Mexico to make their products are surely able to get interested parties in the surrounding countries, furthermore having the ability to ship the products wherever they decide. With the proper kind of foreign investment, the Mexican IT industry will still flourish well into the twenty first century. Mexico is actively pursuing the interests of foreign corporations who wish to make investments within the country and there are a lot of options than ever.
by: Royal Curling
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