Winning alliance between new government and businessmen – El Financiero

Winning alliance between new government and businessmen – El Financiero
Winning alliance between new government and businessmen – El Financiero

Let us hope that the nods that some close collaborators of the next president are making, such as Altagracia Gómez, Ana María Lomelí and, of course, Marcelo Ebrard, the next Secretary of the Economy, with businessmen and investors, will allow the consolidation of an alliance with a vision of win to win, for the economic and social well-being of the country and not as happened in this six-year term, when this sector was disdained, with the exception of some privileged businessmen.

The government needs private capital to invest in infrastructure, energy and sustainability programs, among many other fields that require large amounts of capital to generate jobs and taxes, in addition to regional development. However, to attract these investments, it is necessary to at least generate confidence in the new government, in addition to strengthening the rule of law, improving public safety and having the energy supplies, water, communication routes and qualified labor to trigger foreign and national investment.

At this time, investments have been withdrawn until the government changes and a clear view of the direction that Mexico will take is observed; they do not know if AMLO’s populist and statist line will be maintained, or the inclusive vision with businessmen, who should be seen as allies and not as enemies of the regime.

Let us hope that the policy of disdaining SMEs due to their importance in generating jobs and their impact on economic development will not continue. Despite these indicators, the current government did not support them and did not provide them with budgetary resources or fiscal support to survive, for example, in the face of the Covid-19 pandemic.

On the other hand, there are various pending issues on the world’s environmental agenda, which the Mexican government has joined in order to achieve the Sustainable Development Goals (SDG), but in reality, little has been achieved.

The International Chamber of Commerce Mexico (ICC Mexico) has highlighted the crucial importance of integrating the SDGs into Mexico’s incoming government plan, which is not only essential for the country’s economic and social well-being, but also for its positioning on the global stage as a leader in sustainable development.

The SDGs, established by the UN in 2015, offer a roadmap to address the most pressing challenges facing humanity, including eradicating poverty, protecting the planet and ensuring prosperity for all. The adoption of these goals in Mexico’s government strategy can catalyze inclusive and sustainable development, promoting economic growth that benefits all layers of society.

The private sector, both national and international, is an indispensable ally in achieving the SDGs. Companies have the capacity to innovate, invest and operate efficiently, which is essential to scale up sustainable solutions. Therefore, ICC Mexico urges the new government to foster an enabling environment for public-private collaboration, facilitating investments and strategic alliances that promote projects aligned with the SDGs.

Private companies bring innovation and advanced technology that are vital to addressing complex problems such as climate change and resource scarcity.

Through innovative financial instruments, the private sector can mobilize large sums of capital towards sustainable projects. Efficient business practices can improve the implementation of public policies, ensuring that resources are used effectively and that projects are completed on time and within budget.

It is essential to establish a regulatory framework that incentivizes investment in sustainability and facilitates collaboration between the government and the private sector. Promoting education and training programs that prepare the workforce for the jobs of the future, focused on sustainability, is equally important.

Furthermore, it is crucial to implement robust transparency and accountability mechanisms to monitor progress towards the SDGs and ensure the active participation of all stakeholders.

Sustainable development is the name of the game today, which is why the incoming government must consider incorporating the SDGs into its government plan, recognizing the private sector as a strategic ally. This approach will not only help Mexico achieve its sustainable development goals, but will also strengthen its economy and improve the quality of life of its citizens.

We are in an impasse that will last as long as this six-year term is over, because no one in the private sector wants to open the tap of economic resources, as long as there are no clear and tangible signs with the new government. They will remain on hold, and if favorable conditions are not met, then goodbye to those capitals that, as is happening with the nearshoringhave already emigrated to other countries.

 
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