Despite the negative forecast on the global environment, Mexico is one of the most attractive countries for productive investment, according the the study conducted by PricewaterhouseCoopers, the multinational professional services network headquartered in London, United Kingdom.
In the perception of foreign investors Mexico is located within the top 10 productive investment destinations, specifically in the ninth position globally, according to the PricewaterhouseCoopers CEO’s survey.
When it comes to US investors, Mexico ranks fourth only after China, the United Kingdom and Germany.
One factor that may benefit Mexico in the international environment is the trade war between the United States and China.
“If an agreement between the two world powers is not reached, Mexico could improve this situation and become a commercial partner with greater impact for both countries,” said Mauricio Hurtado de Mendoza, Managing Partner of PwC Mexico.
Talent and artificial intelligence
According to the CEO’s Survey prepared by PwC, in terms of talent, 57% of Mexican managers confirm their workforce moderately in the next 12 months. However, 67% state that it is now more difficult to hire personnel in their industry.
For Hurtado de Mendoza new technologies such as block chain or data analysis, personnel needs new and better skills, but it is also important to know how to combine different profiles and balances of the new talent with the different skills of experienced veteran staff.
In the field of Artificial Intelligence (AI), 86% of the country’s CEOs say that it will change the world of business, while 14% say the world of business will remain the same. While 40% said to have no program or solution of this type. And among those who do not have this kind of technology, only 38% would be willing to implement an initiative of this AI in the next three years.
The main reasons for not adopting AI, are the need of a better understanding of it and its effects on business profits; and the uncertainty about return on investment.
TYT Newsroom with information from forbes.com.mx