President Calderon seeks private investment to help turn around the economy; Mexico real estate industry promising

During the two government administrations of Mexico’s PAN party, the presidents – first Vicente Fox, now Felipe Calderon – have shown their dedication to creating an economic environment favorable to foreign investment, and, consequently to foreign buyers of Mexico Real Estate. Late in August, President Calderon announced that in the three final years of his administration, all necessary measures would be taken to put the economy back on an upward track, putting the economy in a better position to face the challenges of today.

Calderon personally represented his stance by participating in events such as the grand opening of Costco in a community in the state of Hidalgo. At the event he reassured that his government would do everything necessary to draw foreign investment to Mexico, as well as promote domestic investment.

Investment is the magic word in job creation and growth, stated the president. For this reason, Calderon reiterated that his government will continue to provide security to those who invest their resources in Mexico Real Estate and other sectors of this country’s economy. He indicated that they would continue the task of removing insecurity – a task in which they have already take various key steps. The president said that nowadays Mexico has to redouble its efforts take the steps necessary in moving forward, out of the recession. (more…)