Business Services Industry

CIDE: Investments in Mexico will be paralyzed.

Internet Securities, May, 2005

MEXICO CITY, Apr 28, 2005 (Corp Mex - Business Brief/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- Source: El Economista Valores y Dinero

Investment projects in Mexico will be paralyzed until 2006, when businessmen know the new president and its economic plan, said the Centro de Investigacion y Docencia Economica (CIDE).Surely the projects that have already been started will be completed, but those planned for next year are going to be postponed, suggested Raul Feliz, member of the CIDE.There is no macroeconomic disorder, this slow down in decisions and investments is part of a normal cycle, he concluded.

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