Mexican business says foreign investment too difficult under AMLO

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Andres Manuel López Obrador’s government is undermining long-term business and investment decisions, it says, with the money going elsewhere

Andres Manuel Lopez Obrador. Picture: REUTERS/ALEXANDRE MENEGHINI

Mexico’s GDP remained flat last year in large part because of the “systemic change of rules to doing business and the constant political messages against the markets and companies,” said Jañez.pez Obrador scrapped a $13bn airport project before becoming president in December, and then suspended private oil auctions once in power.

Jañez, who is also president for Latin America at DuPont de Nemours, stressed that Mexico needs to be clear on why it deserves investment over other countries and that free-trade deals will mean nothing if the country doesn’t address its security issues.

 

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