Mexican business leaders to sign investment pact with president

Mexican business leaders will sign a pact with President Andres Manuel Lopez Obrador on Thursday to foster investment, Mexico’s top business association said, potentially heralding an improvement in sometimes tense relations between the two sides.

The Business Coordinating Council (CCE) said in a statement the accord to promote “investment and inclusive development” would be inked in Mexico City in the presence of cabinet ministers and business leaders.

Lopez Obrador, a leftist who has shunned foreign and private investment in some sectors, caused fury among influential business figures by canceling a partially-built new $13 billion airport for Mexico City . . .

Trending News on PVDN

Jalisco Expands Air Connectivity with Canada as Canadian Travelers Shift Away from U.S. Puerto Vallarta, Mexico - Facing a dip in Canadian traffic to the U.S., Jalisco Tourism Secretariat announces new direct routes from Toronto and Montreal to Guadalajara, plus increased Vancouver frequencies, boosting annual Canadian arrival capacity above 775,000. Passenger traffic from Canada to the United States has softened during the first months of 2025, and Jalisco…
Puerto Vallarta Connector Reduces Travel Time to 25 Minutes from Bucerías Puerto Vallarta, Mexico - The Entronque Vallarta, part of the Vía Corta Guadalajara–Puerto Vallarta project almost completed, links Bucerías and central Puerto Vallarta in just 25 minutes, easing congestion, cutting emissions and boosting tourism connectivity. Thanks to the Entronque Vallarta—part of the Vía Corta Guadalajara–Puerto Vallarta project—the trip between Bahía de Banderas in Nayarit and…
Fire At Punta Esmeralda Condominiums, Forcing Evacuations in La Cruz de Huanacaxtle Puerto Vallarta, Mexico - An out-of-control grass fire in La Cruz de Huanacaxtle burned palapas at Punta Esmeralda condos, forced evacuations within a 200 m radius and caused damage to multiple towers and nearby homes. La Cruz de Huanacaxtle, Riviera Nayarit (Wednesday, May 21, 2025) — A rapidly spreading grass fire in a vacant lot…
Mexico Security Forces Deactivates Nearly 10,000 Criminal Surveillance Cameras Nationwide Puerto Vallarta, Mexico - Between January and May 2025, the Mexican Army removed 9,892 illicit cameras in 25 states, revealing the vast scale of organized-crime surveillance networks. Federal authorities have uncovered a sprawling network of clandestine surveillance cameras operated by organized crime groups across Mexico, prompting the Ministry of National Defense (Sedena) to compile the…
Fire Contained at Punta Esmeralda Complex in La Cruz de Huanacaxtle After Damaging Three Towers Puerto Vallarta, Mexico - Coordinated response by Nayarit and Jalisco emergency services contained a fire at Punta Esmeralda complex in La Cruz de Huanacaxtle, causing structural damage but no injuries. A grassland fire in front of the Punta Esmeralda complex in La Cruz de Huanacaxtle’s El Tizate area (Bahía de Banderas, Nayarit) was brought under…
Vacation Property Boom in Mexico: Prices Soar Over 27% in Top Tourist Hubs Puerto Vallarta, Mexico - Home prices in Baja California Sur and Quintana Roo jumped 30.6% and 27.9% from 2023–2024, driving summer interest in Mexican vacation properties, and Puerto Vallarta eeal estate is booming. Here’s what buyers should know. Owning a vacation property in Mexico has become an increasingly attractive proposition for buyers seeking both lifestyle…
Will The Potential First Pacific Cyclone of 2025 Affect Puerto Vallarta Next Week? The SMN and NOAA reports a 50% chance of the Pacific’s first cyclone of 2025 forming south of Michoacán, Guerrero and Oaxaca, will it affect Puerto Vallarta next week? The National Meteorological Service (SMN) confirmed Thursday morning that it is closely monitoring a low-pressure area south of Michoacán, Guerrero and Oaxaca with a 50 percent…
Puerto Vallarta’s Anniversary to Feature Daring Aerobatic Display by Mexican Air Force Puerto Vallarta, Mexico - To celebrate its 107th anniversary as a municipality and 57th as a city, Puerto Vallarta will host an exhilarating air show by the Águilas Aztecas and the Air Force College Aerobatic Team, featuring loops, barrel rolls, and intricate formations over the city center. Puerto Vallarta’s skies will come alive on Saturday,…
Puerto Vallarta Rescue of Canadian Tourist Hampered by Faulty “Jaws of Life” A Canadian tourist became trapped in a metal grate on Federal Highway 200 near Púlpito Street in Puerto Vallarta’s Amapas neighborhood, revealing critical maintenance lapses in the municipal fire department’s hydraulic rescue equipment. On Wednesday afternoon, a Canadian woman became trapped in a metal drainage grate along Federal Highway 200, close to the intersection with…
Two Additional Suspects Arrested in Puerto Vallarta Kidnapping of U.S. Citizen Nayarit Governor Miguel Ángel Navarro Quintero announced arrests of two more suspects in the May 9 kidnapping of a U.S. citizen in Puerto Vallarta, following joint operations with Jalisco and FBI cooperation. At a press conference Monday morning, Governor Miguel Ángel Navarro Quintero announced the arrest of two additional suspects linked to the May 9…