Mexico acquired US$18 billion in foreign direct investment

MEXICO – The Ministry of Economy (SE) announced that during the first half of the year the country captured US$18 billion in foreign direct investment (FDI), a figure 1.5% higher than that recorded in the first half of 2018.

The SE noted that the amount was the net result of the difference between US$1.2 billion recorded as inflows and US$303 million reported as outflows.

Likewise, the agency indicated that this increase was concentrated in the areas of reinvestment and new investments.

The SE indicated that 75.6% of the total FDI came from reinvestment of profits, while new investment represented 23.9% of the amount and accounts between companies only 0.5%.

The FDI recorded during the first half of 2019 came from 3,104 companies with foreign capital participation, 1,558 trust contracts, and 18 foreign legal entities.

Source: El Sol de Tijuana