Amcham denies capital flight after reform

The investments have not gone to other Latin American countries due to the approval of the reform of the Judiciary, they are only waiting for the government of President Claudia Sheinbaum Pardo to begin, private sector leaders said.

It is not that they have decided to go to other countries, they are simply waiting for the next government to take office.Carlos García, president of the American Chamber Mexico (Amcham), said in an interview.

In the context of the Equal Pay forum, the manager indicated that now it is necessary to know how the secondary laws come about and how the changes are going to be implemented, which will give confidence to the private sector to invest.

He added that companies already established in the national territory are making reinvestments, while others are waiting for Sheinbaum Pardo to take office as head of the Executive Branch.

He noted that the new federal administration translates into a different environment. He has given very positive signals with the appointments of his cabinethe indicated.

Many are waiting. When there is a change, a little uncertainty is generated and over time it will become clearer.he pointed out before insisting that the country is attractive for being within the T-MEC.

Nobody wants Mexico to do badly, nobody wants to stop investments. The only thing we need is to know with what certainty it is going to be done (now with the reform)said Alejandro Malagón, president of the Confederation of Industrial Chambers (Concamin), who attended a forum organized by United Security Groups for Mexico (Asume).

The leader of the secondary sector commented that the private sector does not know how foreign companies are going to react, so now they have to understand the secondary laws and how they are going to be put into practice, for which the legislative liaison commissions are already working. .

He noted that it is necessary to know how to ensure that foreign capital comes, how to boost the growth of the economy, since the nation is faced with relocation, a phenomenon that cannot be wasted.