Mexican market offers good business opportunities
Mexico is the second largest economy in Latin America, the 14th economy in the world. GoldmanSachs predicts that Mexico’s economy will be the 8th in the world by 2050.
To fulfill this ambition there has to be an upgrade in the transport infrastructure, something the Mexican government understands and is committed to. Smart Mobility in Mexico will experience significant growth in the coming years.
Latin America is one of the regions with the highest urbanization rates in the world (about 80%). Therefore it is essential to identify which strategies are most effective in reducing the costs of congestion and improving accessibility, as well as how this may substantially improve the general public’s quality of life and productivity.
Mexican & LATAM market
Tips & tricks to do business with Mexicans
Let us give you an introduction to Mexico’s business culture:
- Mexicans generally dress conservatively and both men and women will wear suits in a formal business setting. Jeans are generally not appropriate.
- Always start with small talk. Trust plays a very important role in establishing relationships, sometimes even more than professional competence or experience.
- Mexico has a culture that enjoys negotiations. You should too!
Download the full list of tips and enjoy your event.
Sources: INEGI, ITDP Mexico, PAHO.