Mexico

We are delighted to announce that the IFP 2020-2021 location will be Mexico! 

Mexico is an emerging country and belongs to the 15 largest economies in the world. Investing in Mexico can yield a lot. Reasons for this are low wages, improved logistics and the open trading climate. It is no coincidence that Mexico is the largest trading country in Latin America. Mexico’s economy is very stable compared to other emerging economies. Besides that, it has 46 trade agreements with countries and is part of the North American Free Trade Agreement (NAFTA). The EU also has a trade agreement with Mexico. Therefore, many Dutch entrepreneurs are already successfully active on the Mexican market, and this number is steadily growing. 

Agriculture

The Dutch agricultural and horticultural sector is increasingly present in Mexico. The many opportunities for Dutch companies are reflected in the presence of these companies in this sector. The country is a major supplier of vegetables and flowers to the United States. The Mexican market is also an interesting export market for Dutch companies. 

In addition, the Mexican agriculture sector is interested in Dutch knowledge concerning sustainability. This knowledge can play an essential role in the development of greenhouse horticulture, but also in the improvement of production chains for tropical fruit, such as avocados and limes. 

Logistics

Mexican exports are expected to grow significantly, however the ports are not yet equipped for this. The Mexican government will invest a lot in the development of ports and logistics. Dutch companies can play an important role in this.

Energy 

Mexico is the 12th largest oil producer in the world. This creates opportunities for Dutch oil companies and offshore companies. Renewable energy is also becoming increasingly important. The country is actively seeking investors for clean energy. Therefore, there are enormous opportunities in the field of solar and wind energy.

Culture 

Mexico’s architecture reflects the great empires of the distant past, from Mayan and Aztec ruins to colonial churches. Hundreds, if not thousands, of special Mayan temples can be found all over Mexico. One of the seven modern wonders of the world is located in Mexico: Maya city of Chichén Itza. Besides beautiful culture and architecture, Mexico has the most beautiful, long stretched, beaches. These beaches offer sun, sea and sand but are also fun for those who like active surfing. The beaches are characterized by the white sand and the clear turquoise Caribbean sea. 

An exceptional tradition in Mexico is Dia de los Muertos. Smiling skeletons, colourful sugar skulls and festive picnics in the cemetery. They celebrate the dead returning to earth to visit their relatives. All around Mexico the streets are turned into one big party with parades, banquets and people dressed as skeletons to honour the dead.

Mexican cuisine is very rich and diverse. Mexican cuisine is a combination of Mayan, Aztec and Spanish cuisine. The basic ingredient of most dishes is corn. The corn is processed and served in various forms. Furthermore, the dishes mainly use beans, peppers, tomatoes, rice and avocados. Traditional Mexican food includes tortillas, tacos and chilli peppers. Well-known Mexican drinks include: Tequila, Tia Maria, Kahlua, Pina colada.

Corona 

Currently, the entire world is in the grip of the Coronavirus, and so is Mexico. The impact of this situation was a significant element when deciding about the country of destination. The effects of the Coronavirus are unpredictable and uncertain. However, some factors hopefully will ensure that the consequences will not be too disastrous for Mexico. Mexico has an excellent care system, especially compared to other South American countries. Besides that Mexico has an excellent public health policy. We closely monitor every update about the impact of the COVID-19 crisis on the Mexican population and economy.

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