Monday, June 27, 2011

Mexico City: New and Improved Business Conditions

From the Financial Times, meet the new and improved Mexico City. The city has gradually changed over the years to become one of the best places to live in Mexico, thanks to "a string of liberal social reforms – gay marriage, legal abortions and vastly simplified divorces, among other things – introduced by Marcelo Ebrard, the leftwing mayor."

Gino Pecorelli remembers a very different city back in 2002 when he used to close his restaurant in the Luis Cabrera square of the Roma district immediately after lunch to avoid any problems. Now business is booming, with people arriving early to the eateries to ensure a seat at one of the street-lined cafes with tables outside.

The revival of many parts of the city showcase it as a place to flock to for business travelers and tourists. Reforma Avenue serves as an example of the booming city with its modern high-rise office buildings and hotels, one competing with the other over luxurious digs.

The Mexico City initiative by the name of "Safe City" has improved police response times from arrival at scenes from 12 minutes to around five.

Air quality has met internationally accepted standards on "almost all primary contaminants for the first time in years." A new $500 million metro project will help boost the commitment to clean air as well.

For business travelers, look to Mexico City for your next travel destination.

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