By Adina Moloman
“The Report: Mexico 2014” is a publication released by Oxford Business Group (OBG), a British research and consultancy firm, with the idea of assisting their clients in making fundamental long-term investment decisions in an emerging economy like Mexico.
This report is a detailed analysis over the transformations of the banking, energy, telecommunications, education and financial services sectors in Mexico and how these specific key sectors are looking for capital.
In order to write this report Oxford Business Group had signed a Memorandum of Understanding (MOU) on research facilities with the law firm, Basham, Ringe y Correa, SC. By signing this memorandum, OBG had access to the firm’s expertise and research resources to bring a more accurate description of all aspects of Mexican macroeconomics, infrastructure, banking and other sectorial developments including detailed presentations of different productive regions and sectors expanding their Mexico manufacturing in Mexico.
A lot of this report is emphasizing how the Mexican government is pushing forward an ambitious set of structural reforms that have lifted the image of the country in the eyes of international investors. All the changes made to the oil sector, the education system, competition and labor laws are attracting all kind of investor’s attention. The biggest impact is given by the changes in the rules in the oil and gas sector since transnational corporations will be allowed to participate in the exploitation of oil and gas, electricity generation and petrochemicals and there are a lot to be done also in their entire supply chains. The challenges mentioned are informality and deficient domestic supply chains, so FDI opportunities are showing very promising.
Mexico has a stable economic, political and business environment, access to global markets and not to mention an improved credit rating from international agencies. In spite of all the optimism, the economic growth in 2013 was 1.1% much more slower than the predicted growth of 3%.