Mexico, or the United Mexican States, is the second most populous country in Latin America with over 123 million people. A stable democracy, it has the second highest GDP in the region, after Brazil. Administratively, Mexico is a federation made up of 31 states. Its capital, Mexico City, is home to 20 million inhabitants.
Abundant opportunities for foreign firms exist in Mexico, supported by the country’s strong track record as a champion of free trade. In addition to ongoing economic reforms, the country’s multibillion-dollar national infrastructure investment plan should open up key sectors to foreign businesses. The following areas hold particular promise: