Mexico City, Mexico — President Andrés Manuel López Obrador says Mexico has registered record foreign investment during the first half of the year. López Obrador says the country attracted around $30 billion USD during the first six months of 2023.
“It is the largest in the entire history of Mexico. It is the semester with the most foreign investment, so we need to continue promoting all productive activity,” he reported Thursday morning during his press conference.
During the morning press conference, he pointed out that the Government also encourages public investment through priority projects such as the Isthmus of Tehuantepec Corridor, a project in which he invited national businessmen to participate in the 10 development poles.
“The Isthmus is a very important strategic region to maintain our sovereignty, so in the development poles where companies are going to establish along the Isthmus, there are 10 development centers and we want the management of the ports to be mostly Mexican companies, so there is a lot of possibility to invest and create jobs,” he explained.
The president indicated that public and foreign investment generates economic growth well-being in the country based on the moral economy model.
“You can’t distribute what you don’t have. Wealth must be created because if not, how is it distributed or what is distributed? So it is two things: producing wealth and distributing it. That is balance. Gowth with well-being, progress with justice,” he remarked.
He says with the country’s growth, he has been able to improve worker salaries and distributes resources for the benefit of the people, giving priority to the poorest.
For example, Wellbeing Programs currently benefit 12 million seniors for pensions, 4 million high school students through scholarships, 125,000 basic level educational institutions with resources for the improvement of facilities through La Escuela es Nuestra program and 2 million small producer beneficiaries of the Fertilizers of the Wellbeing program.