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Home Economy

DataMéxico Provides Details on Private Investment Announcements

U.S. companies show the greatest interest in the country.

T21 Media by T21 Media
23 September, 2024
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Between  January 2023  and  September 2024 , the private sector made  575 investment announcements in Mexico for more than  170 thousand 644 million dollars (mdd) , which reflects the confidence of investors in the Mexican economy, according to the data offered by the Ministry of Economy (SE) on the DataMéxico platform .

Source: DataMéxico

American companies are the ones showing the greatest interest in the country, with an investment expectation of 68,455 million dollars , which could be attributed to the good bilateral relationship that exists between both economies.

Countries such as China with 16,759 million dollars , Germany with 12,159 million dollars, Argentina with 10,673 million dollars, Denmark with 10,170 million dollars and France with 8,025 million dollars, represent a diversification in the origin of important investments.

Among other data that the SE released on the portal, the announcements of the manufacturing sector stand out , whose investment expectation is 86 thousand 333 million dollars , followed by the energy sector with 24 thousand 892 million dollars and the transportation sector with 22 thousand 465 million dollars, which accumulate 78% of the total expectation.

These and other data can be consulted in the new section of the DataMéxico platform, which was recently presented by the Ministry of Economy, with the purpose of making visible the Public Announcements of Foreign Investment made by the private sector in Mexico.

“This section is consolidated as a result of the investment announcement monitoring project that began in 2023, with the aim of identifying current investment trends at an unbeatable time for Mexico in the face of the relocation phenomenon ( nearshoring ) and the growing need for companies to increase efficiency in their production processes,” the SE stressed in a statement.

Users will be able to view data in different breakdowns in the new tool, such as country of origin of investments, among other data, with the possibility of filtering periods of interest on a monthly and annual basis.

Comment and follow us on X:@GrupoT21

Tags: DataMéxicoFDIFOREIGN DIRECT INVESTMENTINEGIMinistry of EconomyNearshoring

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