Mexico, second in Foreign Direct Investment in LA
Mexico City.- Mexico stayed in 2011 as the second largest receiver of Foreign Direct Investment (FDI) in Latin America, after receiving US$19.440 billion last year, “which meant a 10% increase over the previous year”, Alicia Barcena, Executive Secretary, ECLA, affirmed.
Even if Mexico was outdone by Brazil, which received US$66.660 billion, it is important to observe that the new investment arriving to Mexico is of the highest quality.
Hugo Beteta, Head of ECLA Office for Mexico, Central America and the Caribbean, pointed out that “our country has been the main destination of FDI with high technological content”.
Mexico and Brazil together receive between 70% and 80% of investment with high technological content in Latin America.
Source: Excelsior | Date: 07/05/2012