Mexico has become a preferred destination for Spanish companies looking to invest in Latin America, according to a report by IE University. Over 82 percent of Iberian companies with interests in the region have a presence in Mexico, viewing it as an ideal location for developing their projects due to factors such as political stability and the strength of the peso.
Spanish corporations, including multinationals and SMEs, consider Mexico to be the most attractive country for investment in Latin America. A survey of business leaders from 50 companies shows that Mexico consistently ranks highest in terms of economic outlook and stability for the future, compared to other countries in the region. Despite some concerns about insecurity, Spanish companies see Mexico as a promising investment destination, driven by macroeconomic stability, market evolution, and political stability.
The country’s economic growth is expected to outperform many other countries in the region, making it a preferred choice for expanding business operations. Alfonso Benavides, a member of the Board of Directors of Auxadi and a Spanish businessman, highlights Latin America as a prime destination for investors from Spain, America, and Europe. The report’s author, Juan Carlos Martínez Lázaro, notes that the majority of Spanish companies with interests in Mexico are optimistic about the country’s economic prospects in the short term.
Mexico City has been the preferred destination for Spanish companies for several years, indicating a strong interest in expanding operations in the region. Overall, Spain’s business community views Mexico as a stable and promising market for investment opportunities despite challenges such as inflation and political risk.