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Foreign direct investment growing 7.8 percent in Mexico

Reading time 1 min     Christian Fernsby ▼ | November 20, 2019
Foreign direct investment in Mexico grew 7.8 percent in the first nine months of this year, the Ministry of Economy reported, for a total of 26,055.6 billion dollars were raised.
Mexico City
LatAm economy   Mexico City

The entity revealed that, according to preliminary figures in the first nine months of the year, foreign investment rose by that amount compared to the same period last year.

Topics: Mexico

In a press release it is detailed that the available figures indicate that from January to September 2019, 26,055.6 billion dollars were collected, net result of the inflow by company or trust, and 7,302.5 billion in outflows.

The increase of 7.8 percent was concentrated in the areas of reinvestment and new investments, although the subsequent adjustment of the figures could modify this result, it is clarified in the document, which explains that the income in those first three quarters came from more than six thousand foreign companies or trust contracts.

By sector, manufacturing was the most privileged with 44.6 percent; financial and insurance services, 13.9; trade, 11.3; and generation of electricity, water and gas, 5.8.





U.S.: Alaska storm, locally heavy rain in southwest

An upper-level low over Northwestern Mexico and an ample supply of moisture will aid in producing showers and thunderstorms with heavy rain at times over parts of the Southwest and Southern Rockies through Sunday.








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