IFP 2021: The Decision to go to Mexico!

We are delighted to announce that the IFP 2020-2021 destination will be Mexico! The past couple of weeks, we did a lot of research and decided on Monday the 11th of May we made it public. Currently, we are looking for researchers to fulfill this International Financial Program. For this reason we would like to tell you more about the wonderful country Mexico!

Mexico is an emerging country and belongs to the 15 largest economies in the world. The low wages, improved logistics and the open trading climate ensure that it is a country where there are plenty of investment opportunities. It is no coincidence that Mexico is the largest trading country in Latin America. It’s economy is very stable compared to other emerging economies and besides that, it has 46 trade agreements with countries. Furthermore, they are part of the North American Free Trade Agreement (NAFTA) and they also have a trade agreement with the European Union. Therefore, many Dutch entrepreneurs are already successfully active on the Mexican market, and this number is steadily growing. 


The Dutch agricultural and horticultural sector is increasingly present in Mexico. The many opportunities for Dutch companies are reflected in the presence of these companies in this sector. The country is a major supplier of vegetables and flowers to the United States. Moreover, the  Mexican market is also an interesting export market for Dutch companies.

In addition, the Mexican agriculture sector is interested in Dutch knowledge concerning sustainability. This knowledge can play an essential role in the development of greenhouse horticulture, but also in the improvement of production chains for tropical fruit, such as avocados and limes.


Mexican exports are expected to grow significantly, however the ports are not yet equipped for this. The government has plans to start investing in the development of ports and logistics. Many Dutch companies can play an important role in this.


Mexico is the 12th largest oil producer in the world. This creates opportunities for Dutch oil companies and offshore companies. Renewable energy is also becoming increasingly important. The country is actively seeking investors for clean energy. Therefore, there are enormous opportunities in the field of solar and wind energy.


Mexico’s architecture reflects the great empires of the distant past, from Mayan and Aztec ruins to colonial churches. Hundreds, if not thousands, of special Mayan temples can be found all over Mexico. One of the seven modern wonders of the world is located in Mexico: Maya city of Chichén Itza. Besides beautiful culture and architecture, Mexico has the most beautiful, long stretched, beaches. These beaches offer sun, sea and sand but are also fun for those who like active surfing. The beaches are characterized by the white sand and the clear turquoise Caribbean sea. 

An exceptional tradition in Mexico is Dia de los Muertos. Smiling skeletons, colourful sugar skulls and festive picnics in the cemetery. They celebrate the dead returning to earth to visit their relatives. All around Mexico the streets are turned into one big party with parades, banquets and people dressed as skeletons to honour the dead.

With the combination of Mayan, Aztec and Spanish, the Mexican cuisine is very rich and diverse. The basic ingredient of most dishes is corn, which is processed and served in various forms. Furthermore, the dishes mainly use beans, peppers, tomatoes, rice and avocados.

Traditional Mexican food includes tortillas, tacos and chilli peppers, which means we will get to know a lot of spices! Drinks that are consumed a lot include tequila, tia maria, kahlua, pina colada.


Currently, the entire world is in the grip of the Coronavirus, and so is Mexico. The impact of this situation was a significant element when deciding the country of destination. The effects of the Coronavirus are unpredictable and uncertain. However, some factors hopefully will ensure that the consequences will not be too disastrous for Mexico. It has an excellent care system, especially compared to other South American countries. Besides that, the Mexicans have an excellent public health policy. We closely monitor every update about the impact of the COVID-19 crisis on the Mexican population and economy.

Join IFP on their journey!

Not only is Mexico very interesting for the cooperating companies, but also for the participants. Mexico offers great food, beautiful beaches and an interesting culture! The International Financial Program is an excellent opportunity to improve your research, organizational and critical thinking skills. Next to that, you’ll gain international experience and travel! Interested? Send an email to board@ifpgroningen.nl or call +31640199041 for questions or to plan an online coffee date with one of our board members.

For more information, you can also check out the IFP Website