Agency overview | |
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Formed | June 13, 2007 |
Headquarters |
Mexico 19°18′39″N 99°13′06″W / 19.310799°N 99.218221°W |
Agency executive |
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Parent department | Secretariat of Economy |
Website | www |
ProMéxico is a trust fund of the Mexican Government —a subdivision of the Secretariat of Economy— that promotes international trade and investment. ProMéxico drives the country's active participation in the international arena and firmly establishes it as an attractive, safe and competitive destination for foreign investment; encourages the exportation of national products and supports the internationalization of Mexican companies; provides specialized advisory services to boost the export of products and services and increase the presence of Mexican businesses abroad, and guides the attraction of foreign direct investment (FDI) into the country.
ProMéxico has a network of 48 offices in 31 countries with sizeable economies that account for more than 70% of the world gross domestic product. In Mexico, 30 offices provide the public with a wide range of services and support.
On June 1, 2007 the then President of Mexico, Felipe de Jesús Calderón Hinojosa, along with several federal secretaries, signed the decree ordering the establishment of ProMéxico as a “State-owned public trust fund,” for an initial term of fifty years, with the right to revoke its term at any time according to the applicable provisions. Representing the Presidency, Eduardo Sojo Garza Aldape—the Secretary of Economy at that time—inaugurated the XXIV National Convention of Retail Trade (XXIV Convención Nacional del Comercio Detallista) ANTAD 2007 and announced the creation of ProMéxico, “trade and investment, that will be the new window to open markets and promote foreign trade and investment.”
ProMéxico has the following operational organizational structure:
Offices exist in Latin America: Brazil, Chile, Colombia and Guatemala. North America: Houston, Los Angeles, Dallas, New York, Chicago and Miami in the United States, and Vancouver, Toronto and Montreal in Canada. Asia: Shanghai, Hong Kong, Japan, Korea, Beijing, Singapore, Taiwan, Mumbai and Dubai. Europe: United Kingdom, France, The Netherlands, Spain, Italy, Belgium, Germany, Switzerland and Sweden.
ProMéxico Global is the most important trade and investment event in Mexico. To be held in eight different states around the country during 2014, the event features keynote speeches, business matchmaking, panels and workshops designed to promote and facilitate exports, the internationalization of Mexican companies and attract foreign direct investment. In addition, representatives from the main government agencies, business chambers, international bodies and universities will be available in the exhibition rooms.