Mexico ranks 11th in investment attraction: UNCTAD – El Sol de México

Mexico ranked 11th among the most attractive countries for foreign direct investment (FDI), said a report from the United Nations Conference on Trade and Development (UNCTAD).

You can read: Nearshoring gives Mexico an opportunity to grow more than 3%, Santander estimates

The World Investment Report 2023, published this Wednesday by the international organization, indicates that foreign direct investment (FDI) in Mexico grew 12 percent in one year, going from 32 billion dollars in 2021 to 35 thousand million dollars last year.

The document highlights that the country is the main destination for greenfield investment, or open field, with 27 active projects.

Likewise, Mexico, along with Brazil and Chile, attracted three quarters of all renewable energy projects announced in the Latin American region in 2022.

The country was located above nations such as Spain, Japan, Poland and Israel in attracting FDI.

The UNCTAD report indicated that the countries with the greatest attraction of foreign capital for projects during the past year were the United States, China and Singapore.

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According to the document, FDI in the world decreased 12 percent to total 1.3 trillion dollars in 2022.

2023-07-05 22:10:25
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