Business
Foreign direct investment surges 19.6 percent in first quarter




Mexico (Notimex) - Foreign direct investment in Mexico reached $9.5 billion in the first quarter of the year, up 19.6 percent from the same period last year, the Economy Ministry said.

The figure is the highest (preliminary) on record, the ministry added.

Foreign investment during the current adminstration (2012-2018) totals $181.7 billion, 15 percent higher than the administration's goal.

The manufacturing sector has received 35 percent of the totao foreign investment, followed by financial services with 30 percent; mining with 7 percent; trade with 7 percent and construction with 6 percent.

The U.S. accounts for 35 percent of the total foreign investment into Mexico; Spain 18.6 percent; Canada 8.6 percent; Australia 5.9 percent and the Netherlands with 5.1 percent.

Photo: Public Domain(CC0)

 

 

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