Mexico 'headed for strong growth'

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22 March 2011 last updated at 14: 54 GMT needs Mexico, more markets for its were to be found, said Mr. Cordero Mexico problem drug violence is serious, but there is no evidence is put off investors are, Mexico's Finance Minister said.

Ernesto Cordero told the BBC that the tourism sector also seemed unaffected by concerns about violence.

Mr. Cordero, speaking in London, said that Mexico was set, continue to set its strong economic performance, with growth this year of 4% to 5%.

He said the impact of rising oil prices on the U.S. recovery is a major concern.

The Minister said that Mexico was for and solution to the problem of crime, a reference to the drug-related violence, high murder rates in some regions of the country has seen.

"There is no evidence investment comes not to Mexico or the investors are because of the violence is postponed," he said.

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Mr. Cordero said that within this positive picture, it was clear, some cities suffer and to relocate missing on investments in the other parts of Mexico were tend to.

Mr. Cordero believes that the rest of Latin America may be a huge market for Mexico

"We try to solve local governments, municipalities and State Governments the problem and to help keep and attract investment," he said.

As for tourism, "we have very high rates of occupancy, it seems not affected," said Mr. Cordero, added, that the priorities for the violence were not usually tourists visited.

Mexico's economy grew by 5.5% in the last year its fastest annual rate in 10 years according to official figures published in February.

In contrast to many emerging economies are suffering from Mexico not high inflation, running at 3.6%, 4.5% in 2010.

Mr. Cordero said that economic growth meant that Mexico would have to strongly and quickly to recover from the global economic crisis.

He conceded that the Government had to do more broadcast to Mexico's economic success.

"We lack a good strategy to communicate our achievements in the field." "People are surprised to learn that living conditions here in Brazil, such as the better as is."

Figures from the International Monetary Fund show that Mexico's GDP per capita is $14,300 (£ 8,700), while Brazil's $11,300.

Rising oil prices are a concern for Mexico in the face of possible impact on the world economy, especially in the United States.

"We must have economic recovery in the United States," Mr. Cordero said.

About 80% of Mexican exports are in the US market down by 90% a few years ago, but Mexico's markets are not diversified enough, Mr. Cordero said.

He added that his country had to more to Asia and Latin America.

"Mexico not the only Latin American country, the consolidation of its middle class and create a large market is", the Minister told the BBC.

Mr. Cordero is a strong contender for the presidential candidate for the National Action Party (Pan) in next year choice, several Mexican political analysts to be.