Nearshoring, the reintegration of North America, and supply chains in an environment of national unity and the rule of law present an opportunity for Mexico, placing it in a privileged global position, said Carlos Slim Domit, Chairman of the Board of Directors of Grupo Carso and América Móvil.
"We are at a historic moment where nearshoring, economic reintegration with North America, and the strengthening of supply chains are creating a favorable environment for Mexico's accelerated growth," highlighted Slim Domit during the Mexico Siglo XXI event of the Telmex-Telcel Foundation.
According to the businessman, national private investment, which represents between 70 percent and 80 percent of total investment, complemented by public and foreign investment in a commercial relationship of common interest with our main partners, "is the key to accelerating development."
"With national unity and the rule of law, these dynamics have enormous potential to generate strong and sustained growth, create more jobs, eliminate extreme poverty, and position our country in a privileged place in the global economy," expressed the Chairman of the Board of Directors of Grupo Carso and América Móvil.
Slim Domit explained that, for 49 years, from 1933 to 1981, Mexico grew at an annual rate of 6.2 percent.
"If in the four subsequent decades, from 1982 to 2024, we had grown 3 percent above the low growth rates we had of only 1.9 percent, that is, at an annual rate of 4.9 percent, the income per person would be USD 45,670, 3.5 times higher than the current USD 12,900," he detailed.
The businessman emphasized that Mexico is a country with great potential and is at a significant moment.
"These are times of enormous opportunities and challenges that require knowledge, creativity, responsibility, and a lot of work," mentioned Slim Domit.
