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🇲🇽 The 10 Largest Family Businesses in Mexico City 🇲🇽 Mexico City is one of the world’s most populated cities and home to a wealth of family firms. With its industry, infrastructure, and central location in the Americas, Mexico City has emerged as an important setting for businesses wishing to establish themselves or companies looking to expand their operations across the continent. 🌎 Over 90% of businesses in Mexico are family-owned, and 95% of those are managed by a family member. Mexico’s capital city is also a primary driver of the country’s economy, generating around 16% of the nation’s $1.41 trillion GDP. More of Mexico’s largest family enterprises can be found in Mexico City than in any other part of the country. 📈 📖 Here are the 10 largest family businesses in Mexico City: https://lnkd.in/ePiRyu7W #familybusiness #mexico #mexicocity #family #business #revenue #gdp #economy #wealth #content #article #facts #top10

Is New Mexico's economy on the rise? Discover how specific industries are driving New Mexico toward economic prosperity. Learn more about the opportunities for business owners and buyers in New Mexico at https://lnkd.in/g-GqgRhh New Mexico Chamber of Commerce Bureau of Economic Analysis #newmexicoeconomy #newmexicobusiness #nmbusinessowners #nmbusinessbuyers #newmexicoeconomicnews #transworldnewmexico

In my journey across various cultures and economies, Mexico stands out as a beacon of entrepreneurial spirit and resilience. Its vibrant culture and burgeoning economy are just the surface of a deeply rooted passion for innovation and growth. What truly sets Mexico apart, however, are its people. I've had the privilege of collaborating with numerous Mexican professionals throughout my career, and each experience has been a testament to their unmatched friendliness, work ethic, and dedication. Their zeal is not just for success but for meaningful progress, driving businesses forward with a blend of creativity and perseverance. From my early days as a government executive, working closely with local startups, to my current role, where I've had the opportunity to mentor and partner with Mexican entrepreneurs, I've seen firsthand the transformative power of their entrepreneurial spirit. This is not just about individual success stories; it's about a collective drive that propels the entire economy. The Mexican workforce is unparalleled, embodying a rare combination of hard work, entrepreneurial mindset, and a genuine eagerness to make a positive impact. This spirit, deeply embedded in the country's DNA, makes doing business in Mexico not just a smart choice, but an inspiring journey. For anyone considering expanding their business horizons to Mexico, my advice is grounded in years of fruitful experiences: Embrace the opportunity. The landscape is rich with potential, buoyed by a community eager to collaborate and innovate. As I look to the future, my commitment to fostering business growth between the US and Mexico remains unwavering. The possibilities are limitless, and I am excited about what we can achieve together. The story of Mexico's rise is still being written, and I am honored to be a part of this journey. #mexico #opportunity #crossborder #business #intermestic

[EN] MEXICO | ELECTIONS 2024 🇲🇽 Claudia Sheinbaum Becomes Mexico’s First Female President 🇲🇽 Claudia Sheinbaum has officially taken office, succeeding the popular Andrés Manuel López Obrador (AMLO). Her challenge? Balancing AMLO’s legacy while tackling Mexico’s critical issues. The country is at a pivotal moment: with nearshoring boosting Foreign Direct Investment, Sheinbaum can position Mexico as a global supply chain leader. But to achieve this, reigniting private investment is crucial to addressing infrastructure, water shortages, and energy challenges. Inequality, poverty, and a healthcare system leaving 50 million people without access also demand urgent attention. And restoring faith in Mexico’s democracy and institutions will be key to securing the country's future. Want to dive deeper? Read our comprehensive 36-page report, developed by the Prospectiva Latam Team, for detailed insights into Mexico's evolving political and economic landscape. A pivotal moment for Mexico’s future starts now. #Mexico #ClaudiaSheinbaum #Leadership #Investment #PublicAffairs #Healthcare #Economy #Sustainability #ProspectivaLatam

Top 10 Reasons Why European and Asian Companies Should Partner in Texas to Access USMCA and LATAM Markets As the global economy intertwines, Texas stands out as a strategic hub for European and Asian firms aiming to expand in the USMCA and LATAM. Discover why Texas is pivotal for growth and how JAGroup can be your strategic ally. 1. Strategic Geographic Location Texas is at the crossroads of North and Latin America, providing a logistical advantage for accessing both the USMCA and LATAM markets. Its proximity to major Mexican cities and ports streamlines operations and reduces transportation costs. 2. Robust Infrastructure Texas boasts some of the largest and most efficient transportation networks in the U.S., including highways, railroads, and airports, facilitating smooth logistics and timely deliveries. 3. Favorable Business Environment Texas is renowned for its business-friendly policies, including no state income tax, which can significantly lower the operational costs for foreign companies. 4. Thriving Economic Climate As one of the largest economies in the United States, Texas provides a robust market with diverse sectors such as technology, energy, and manufacturing, offering numerous business opportunities. 5. Cultural and Economic Ties with LATAM Texas shares deep historical and cultural ties with Latin America, making it an ideal base for companies seeking to build relationships and understand consumer preferences in LATAM countries. 6. Skilled Workforce The state is home to a highly skilled and diverse workforce, thanks to top-ranking universities and a strong emphasis on workforce education. 7. Innovation and Technology Hub Texas is a burgeoning hub for innovation and technology, offering a conducive environment for digital transformation and cutting-edge business practices. 8. Access to Capital and Investments With a thriving economy and a pro-business climate, Texas attracts substantial domestic and foreign investments, providing companies with the necessary capital to grow. 9. Strong Governmental Support The Texan government offers various incentives for foreign businesses, including tax credits, training grants, and customized support for setting up operations. 10. JAGroup as Your Strategic Partner Leverage JAGroup’s 27 years of experience in the markets of Mexico, the USA, and Canada. As a knowledgeable ally with strong connections across LATAM, JAGroup can facilitate seamless market entry and sustainable growth in these regions. Partner with Us If your vision includes expanding into the USMCA and LATAM, partnering with JAGroup in Texas is not just an option it's your strategic advantage. Jorge Arturo Acevedo Alarid, Ph.D President & CEO JAGroup #BusinessExpansion #TexasBusiness #USMCA #LATAM #GlobalTrade #InternationalBusiness #InvestInTexas #MarketAccess #StrategicPartnership Texas Economic Development NADBank DP World GrowValley Dale Ventures F.Z.E TURN8 Jan Hammer Luciana Lixandru DST Global Lakestar

Mexico’s Economic Surge: A Landscape of Opportunity 2023 marks a defining moment for Mexico, highlighted by an impressive $36.058B in FDI, according to Mexico’s Secretariat of Economy. The country's economic landscape thrives, underpinned by workforce excellence and strategic growth in key sectors.  With substantial investment in real estate and infrastructure, Mexico is the place to be for businesses seeking growth and a competitive edge. 🚀📈

On my way to Mexico for a week of meetings with policymakers, corporates, entrepreneurs and experts to better understand the lay of the land after the recent elections. Mexico is undergoing one of the most significant transformations in decades. It is consolidating its position as a manufacturing powerhouse, a prime near-shoring destination, and a key hub for entrepreneurship. Concurrently, the country is experiencing profound political changes, rising concerns about institutional integrity and a rising risk of policy missteps. Looking forward to insightful discussions and learning more about these pivotal developments, as well as catching up with my dear friends and family. #Mexico #Latam #EmergingMarkets

🚀 #MexicoMoment: Mexico is experiencing an economic renaissance thanks to #nearshoring, attracting record #ForeignInvestment. Are you ready to be part of this wave of growth? 🌐💼 More details here: https://lnkd.in/eB_UWX8q #Economy #InternationalBusiness.

A country should invest in #TalentDevelopment to be more competitive in the global economy. What happens when a country doesn't pay enough attention to this issue? Today, #ClaudiaSheinbaum takes office as the first female President of #Mexico ever. She will face the challenge of putting her stamp on the role and ensuring the country's governance amidst financial pressures, administrative reorganization, the highest number of homicides, and the implications of constitutional reforms, including the new judicial reform. How can Ms. Sheinbaum effectively implement new strategies to develop and showcase Mexican talent globally? Time will tell. Inspired by Pato Bichara's post, I'm sharing some of his insights on #TalentDevelopmentInvestment next: The lack of focus on talent and innovation can profoundly affect competitiveness in a world where knowledge and creativity are key. It is essential that, as a country, Mexico invests in 🔍 Education as a fundamental pillar in promoting critical skills early in life. 💰 Economic and tax incentives can significantly attract large companies to hire a country's workforce (Ireland with Google is a great example). 🏅Quality of life and social well-being, thanks to a comprehensive focus on public health, social security, and work-life balance. 🤝 The inclusive and innovative environment. Canada and its open immigration policies, which have attracted a diverse and highly qualified workforce and driven the creation of a vibrant and creative economy, are excellent examples. Here's hoping for the best for Mexico and for Ms. Sheinbaum's leadership and government to implement new strategies to develop Mexican talent and promote it to the world.

Italy's Stagnation: A Persistent Puzzle Why Can't Italy Get Its Act Together? Italy, a country steeped in history and culture, has long been a symbol of European elegance and sophistication. Yet, in recent decades, it has faced a persistent stagnation that has left many wondering why it cannot seem to keep pace with its northern European neighbors. The Scandinavian Model: A Beacon of Hope The Scandinavian countries, particularly Denmark, Sweden, and Norway, have often been held up as models of economic prosperity and social welfare. Their high quality of life, equitable societies, and strong environmental policies have made them attractive destinations for many. The Italian Dilemma: A Complex Web of Issues Why has Italy struggled to emulate the Scandinavian model? The answer is complex, involving a confluence of factors: * Bureaucracy and Corruption: Italy's notoriously inefficient bureaucracy and persistent corruption have hindered economic growth and discouraged investment. * Aging Population: The country's aging population poses significant challenges to its pension system and labor market, limiting its potential for economic dynamism. * Inequality: The gap between the wealthy and the poor in Italy has widened in recent years, exacerbating social tensions and hindering economic mobility. * Lack of Innovation: Italy has been slower than its northern European counterparts to embrace technological innovation and adapt to the changing global economy. * Cultural Attitudes: Some argue that cultural factors, such as a preference for stability and a reluctance to take risks, have hindered Italy's ability to embrace change and progress. A Wake-Up Call? Despite these challenges, there are signs that a sense of urgency is beginning to emerge in Italy. Increasingly, there is a recognition that the status quo is unsustainable and that bold reforms are necessary to revitalize the economy and improve the quality of life for its citizens. Hope for the Future While the road ahead may be challenging, there is reason for hope. Italy possesses a rich cultural heritage, a talented workforce, and a strategic location. With the right policies and leadership, it is possible for Italy to overcome its current difficulties and reclaim its place as a leading European nation. the Scandinavian model offers valuable lessons. By learning from their successes and addressing its own unique challenges, Italy can chart a course towards a brighter future. #Italy #ScandinavianModel #EconomicStagnation #Bureaucracy #Corruption #AgingPopulation #Inequality #Innovation #CulturalAttitudes #WakeUpCall #HopeForTheFuture