Foreign Investment Rises 9.7% in Mexico in 2011

Feb. 21, 2012
Manufacturing accounted for 44.1% of investment.

Reaching $19.44 billion, foreign direct investment in Mexico rose 9.7% in 2011,the economy department said Feb. 20.

The United States, Mexico's main economic partner, was the top foreign investor, contributing 55% of the total.

It was followed by Spain, at 15%, The Netherlands at 6.7% and Switzerland at 6.3%.

Most of the investment went into manufacturing, at 44.1%. Financial services received 18 percent and commerce 9.5%.

In 2010, Mexico received $17.72 billion in foreign investment, an increase of 16.6% on the previous year.

Mexico's economy grew 3.9% in 2011 and is predicted to grow between 3.5% and 4% in 2012.

Copyright Agence France-Presse, 2012

Popular Sponsored Recommendations

Turning Your Frontline Workforce into a Competitive Advantage: A Comprehensive Guide

Sept. 19, 2023
In this guide, we'll explore how manufacturers are using digital technologies to preserve the bottom line and maintain growth by enabling and empowering their #1 asset - their...

Navigating Disruption: A Leader’s Guide to Strategy Under Uncertainty

Nov. 1, 2023
AI, sustainability, digital--industrials are facing disruptive forces that are redefining what it takes to win. What got your company where it is today won’t get you where you...

Shifting Your Business from Products to Service-Based Business Models: Generating Predictable Revenues

Oct. 27, 2023
Executive summary on a recent IndustryWeek-hosted webinar sponsored by SAP

Powering Up Productivity: The Transformative Power of AP Automation in Manufacturing

Oct. 25, 2023
Discover how AP Automation is revolutionizing the manufacturing industry, driving efficiency, cost savings, and security. In today's world, automation is the key to staying competitive...

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!