White & Case on Mexico: Challenges, Risks and Opportunities
Global law firm White & Case LLP announced the availability of their "Spotlight on Reforms in Mexico" report, which examines new reforms implemented by Mexican President Enrique Peña Nieto. The report examines challenges, risks and opportunities within the county and provides insight into how recent transformative modifications may provide for investment opportunities in the country.
"The Mexican government is pushing forward an ambitious set of reforms that will have a major impact on its growing economy," said Someera Khokhar, the Americas regional section head for the Energy, Infrastructure, Project Finance and Asset Finance Group of White & Case. "These reforms across energy, infrastructure, telecommunications, competition and tax laws may create significant opportunities for investors."
The report examines the following key reforms in Mexico:
Impact of legislation across banking, energy, telecommunications, education and financial services.
Eliminating the state monopoly and opening the oil sector to international investment.
A thorough, transparent bidding process to reduce corruption.
Changes to the bankruptcy law to give banks more confidence in providing loans.
Relaxation of labor laws initiated by the previous government.
The "Spotlight on Reforms in Mexico" report is part of an ongoing series White & Case is developing about the country and the changes it is facing. The Firm previously released a report titled "Open for Investment: How Mexico is Paving the Way for Infrastructure Investors" which examined Mexico’s new federal public-private partnership law.
White & Case's Global Energy, Infrastructure and Project Finance practice is regularly a lead advisor on major infrastructure and energy projects around the world, including Mexico. Examples include: Representation of Braskem Idesa SAPI for the Etileno XXI project, a US$4.5 billion integrated petrochemicals project located in Veracruz, Mexico and the representation of several banks in the first two project bond offerings for wind farm projects in Mexico.
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