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Toluca, Mexico,- In spite of adverse economic and financial forecasts, Federal Express (FedEx) believes Mexico will continue growing in courier and freight services in Latin America, and it is therefore a reliable market to grow and invest, Michael L. Ducker, International President, assured.

He pointed-out that Mexico has diversified exports and manufacturing companies that had left for other countries are coming back and will require shipping their products to every region in the world.

“Economic situation is very severe. Global leaders are talking about incentives packages to make economies move again, maybe by the end of 2009, mid of 2010 we may reach growth and then we will have to find areas to invest, expand and grow”.

“Mexico is one of the places to invest in the long term. We are confident we will make proper investments in Mexico to keep us active”, he assured during his visit to the National Operations Hub in Toluca.

Juan Cento, President for Latin America and Caribbean Division, said that FedEx is putting its money on Mexico with the expansion of its hubs in Guadalajara, San Luis Potosi and Toluca.

In Toluca, a Multiplex Center was built, which has capacity to move 6 thousand packages per hour.