 
  José Pagés Llergo Foundation did award Mr. Carlos Slim  the “Paz y Democracia” Prize in Investment and Development category.
    April 18, 2012.
    
    
    Journalist Beatriz Pagés,  president of José Pagés Llergo Foundation, bestowed Mr. Carlos Slim, who said  that, in spite of burdensome economic global context, Mexico has, as in past  misused opportunities, great possibilities of attaining steady and sustainable  growth and development.
    
  “The only way of attaining  steady and accelerated growth is by having strong economic activity, creating both  many temporary and permanent job posts and increasing domestic wealth by means  of big investment; in order to grow about 5% or 6%, you should invest  substantial capital, about 250,000 million dollars each single year, having laws  and regulations in support of both public and private investment”, Mr. Slim  explained.
  
    The “Paz y Democracia” prize  is bestowed to persons performing outstanding works in journalistic, cultural,  scholarly, political and social areas in support of law-abiding culture.