For more than five centuries, our country has been one of the leading producers and exporters of minerals in the world. Today the Mexican mining sector represents 5.5% of GDP. It is also the first link of the productive chain of many industries, and an important source of jobs: it generated close to 345,000 jobs in 2015.
Mexico occupies an important position as a global producer in this industry. The figures speak for themselves: our country is the worldwide number one producer of silver, number two of bismuth, number six of zinc, number seven of salt and number eight of gold, to name a few examples. Besides being a major producer, our country is one of best destinations for mining investment.
According to Behre Dolbear, our country ranks 5th among the best global destinations for investing in mining projects. Our Canadian partners are the main investors in the Mexican industry, with 65% of the total, followed by the USA, with 17%.
Our country offers stability and growth perspectives in the long term thanks to its strategic geographical location, skilled workforce and world-class mineral deposits, as well as its competitive conditions in terms of costs, security, institutional strength and legal certainty.
This edition of Negocios ProMéxico presents and updated picture of the national mining industry and the investment and development opportunities that exist, especially with the participation of Mexico in the Trans-Pacific Partnership agreement, which will be a key factor in the development and growth of the companies and our country in general, as it will allow access to the world’s largest economic bloc, with the benefits that this entails.