Let them eat bread from Bimbo.
Mexico continues to dominate foreign investment in Latin America, as Mexican firms continue to see opportunities for growth in the region.
In the past four years, Mexico has been the principal source of direct foreign investment by successful firms such as Bimbo, América Móvil, Femsa and Cemex. The investments during that period total more than US $63 billion.
Chile was second, while Brazil recorded more disinvestment than investment.
Generally speaking, according to one observer, the larger Mexican businesses have consolidated their efforts in the domestic market and invest outside the country for additional earnings.
Arnulfo R. Gómez García of Anahuac University said some consider that Latin America is an appropriate market because they can expect to make a profit without having to face the high levels of competition found in countries and regions such as the United States, Canada, Europe or Asia.
Source: El Universal (esp)
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