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Summing up the business delegation - Innovative Urbanization by Sweden

Mexico offers many opportunities for Swedish companies within the area of innovative urbanization. New technique for decreasing emissions, increased connectivity, mobility, public security and developing smart infrastructure – areas where Sweden is in the forefront - is of great interest to the nation. With this context, Swedish Minister for EU Affairs and Trade, Ann Linde, visited Mexico on the 9th -10th of October together with a business delegation of 15 participating companies, universities and governmental agencies.

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During two active days in Mexico City, the delegation participated in a number of seminars, events and meetings organized by Business Sweden and the Swedish Embassy in Mexico. The overall delegation theme “Innovative Urbanization by Sweden” included seminars on subjects such as mobility, infrastructure, energy and new business models. All seminars were honored by the presence of Mexican decision makers and stakeholders from both public and private sector, to which the delegation companies presented their solutions as well as had the chance to network with. The Swedish Minister also met with the Mexican Ministers for Energy, Economy and Foreign Affairs.

During the first day of the delegation, a dialogue on Mexico’s response and reconstruction after the earthquakes on September 7th and 19th, 2017 was held together with UN organizations OCHA, UNICEF and UNDP. The purpose was to inform the business delegation on the damages and losses in order to better understand how the Swedish private sector can contribute in the construction of resilient infrastructure.

At Business Sweden we are happy to have welcomed many leading Swedish companies to Mexico, and we hope it will result in new business for the participants. Mexico is an important and growing market with a lot of potential. It is the second largest economy in Latin America and 11th on a global scale; the number of inhabitants is over 120 million. The Goldman Sachs Investment Bank has predicted that Mexico will be the world's fifth largest economy by 2050, and that the infrastructure investments taking place over the coming years will be worth around $30 billion. The nation has free trade agreements with over 40 countries, including the EU. During the last years, the government of Mexico has opened up several markets for private investments, not least the energy and construction sectors.

I want to end this text by thanking all participants in the business delegation for making it not only interesting and productive, but also a very positive experience. We hope to see you soon again: ABB, Saab, Scania, Volvo Buses, Volvo Construction Equipment, Volvo Trucks, Ericsson,  Roxtec, Firefly, iZettle, Axis, The Royal Institute of Technology (KTH), as well as our two governmental agencies supporting Swedish companies with export financing: The Swedish Export Credit Agency (EKN) and the Swedish Export Credit Corporation (SEK).

Författare: Elin Tibell, Consultant at Business Sweden and project manager for the business delegation
Uppdaterad: 16 okt 2017
16 Oktober 2017