Mexico captures US$2 billion from new investment

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According to the Ministry of Economy, Mexico captured US$2 billion worth of new FDI (25.4% out of the total) during the first trimester of the year. The largest percentages of new investment were recorded in Baja California Sur (87.8%), Zacatecas (87.0%), Quintana Roo (67.6%) and Sinaloa (64.2 %). The total FDI contemplates: new investment, reinvestment of profit and accounts among companies. Raymundo Tenorio, director of the major in Economy and Finance at Tecnologico de Monterrey, underscored that it is important that, along with these investment, productive chains be supported so that imports be replaced.