There would be 93 foreign investment notices

MEXICO CITY (EFE).— Foreign companies have made 93 investment announcements for Mexico so far this year with a total expectation of 36,153 million dollars, the Ministry of Economy (SE) of the federal government reported yesterday Sunday.

The agency “expects that this amount will enter the country in the next two or three years,” according to a report that covered from January 1 to April 15.

The majority of this investment, 54%, would come from the United States, with a total of 19,475 million dollars; followed by Germany, with 15% or 5,458 million dollars, and Argentina, with 12%, which is equivalent to 4,395 million dollars.

“90% (of the total amount) comes from eight of the 10 main countries of origin with FDI (foreign direct investment) in Mexico at the end of 2023, which confirms the confidence of the private sector to continue investing and expanding in the country” , said the SE.

The manufacturing sector accounts for the majority of the investment, 54% of the total, which represents 19,674 million dollars.

Within manufacturing, the beverage industries (53%), auto parts (18%), iron and steel (10%), automobiles (10%), electronic components (2%) and others (7%) stand out.

Of the total expected generation of 47,702 new jobs, the automotive industry accounts for 48% or 23,079.

The Ministry of Economy listed the transportation sector in second place (5,013 million dollars), then mass media (4,963 million dollars), commerce (4.92 million dollars), and energy (1,257 million dollars). .

The rest of the list is completed by sectors such as services, construction, temporary accommodation and others.

#foreign #investment #notices
2024-04-28 01:29:45

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