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THR participates today in the Forum of Investment and Business Cooperation Spain-Mexico

The tourist consulting firm THR, along with other 33 Spanish companies, participates today and tomorrow at the Forum on Investment and Business Cooperation Spain-Mexico organized by ICEX at Mexico City.

Foro de Inversiones España - MéxicoThe booming Mexican economy is starting to reap the rewards through the legal and regulatory framework that allowed the Latin American country to have a bright future for Spanish companies wishing to invest in the territory. The high investments that our firms are devoting to the development of infrastructure, products and energy generation processes have begun to capitalize on big profits. According to ProMexico, an investor only takes six procedures and nine days to start a business in the country, compared to 38 days in China and 119 in Brazil.

Positioned as the second largest and most stable economy in Latin America, Mexico has a segment of the population with high purchasing power, an emerging middle class that is increasingly demanding more value-added products, and Mexico is part of NAFTA, which gives easy access to the U.S. and Canada market. Additionally, it presents a significant growth potential, everything indicates that will be reinforced as they are committed to implement the reforms made by the new government. With a GDP in 2012 of around 1,177,000 million dollars, according to data from the International Monetary Fund (IMF) and a per capita income of 10,123 dollars, Mexico has implemented a series of policies that have achieved macroeconomic stability, encouraging foreign capital inflows and productive investment both nationally and internationally.

Spain is currently the second largest investor in the country, behind only the United States. Since 2005, the Spanish government has implemented the "Comprehensive Development Plan Market: Mexico", based on the highly strategic nature of the country for Spanish companies.

Forum of Investment and Business Cooperation Spain-Mexico
In order to promote exports and foreign direct investment to stimulate growth, ICEX Spain has organized, in collaboration with ProMexico and COMCE, and with sponsorship from Telefonica Movistar and co-sponsored by BBVA Bancomer and Cofides, the Forum Investment and Business Cooperation Spain-Mexico, celebrated these 1st and 2nd of July in the Latin American country\\\'s capital.

This event, with the participation of 34 Spanish companies, is the continuation of the work begun with the many forums held by ICEX in this country (2001, 2002, 2003, 2004, 2006 and 2008) and whose main objective is to facilitate the identification of investment opportunities and business cooperation as well as potential partners in the Mexican market. In this regard, during the Forum, the participating firms have direct contact with over 160 local entrepreneurs interested in establishing strategic alliances with the Spanish companies and made over 200 business meetings.

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