Carlos Slim Domit, Chairman of the Board of Directors of Grupo Carso and América Móvil, highlighted that Mexico is at a historic moment to attract investments, especially through the nearshoring phenomenon.
Nearshoring, which involves relocating companies to Mexico to optimize supply chains to the United States, represents a unique opportunity for the country’s economic growth. However, Slim Domit noted that, To realize this opportunity, it is essential to provide long-term legal certainty. “With national unity and a strong rule of law, Mexico has the potential to generate strong and sustained growth, create more jobs and eliminate extreme poverty,” he said.
The businessman recalled that between 1933 and 1981 Mexico grew at a rate of 6.2% annually, but in the last four decades the growth was much lower. If it had maintained a growth of 4.9%, the per capita income would currently be 45,670 dollars, compared to the current 12,900. For this reason, he emphasized the importance of generating the right conditions to attract private investment, which represents between 70% and 80% of total investment in the country.
Slim Domit also highlighted the importance of connectivity and digitalization in this new era, mentioning that Telmex and Telcel are building the infrastructure necessary for Mexico to take advantage of the opportunities of the digital economy. Technology and artificial intelligence, he said, will play a crucial role in sectors such as health and education, facilitating medical diagnoses and personalizing learning.
