The Ministry of Economy (SE) announced that in the first half of the year there were 143 investment announcements by the private sector, which means an expectation of foreign investment for 45,464 million dollars (million dollars) .

Recapitulating, the federal agency announced that in the first two months of the year, 52 new projects were identified in Mexico , which are expected to bring in close to 25,844 million dollars; while, from the period from January 1 to April 15, 93 projects had already been identified, that is, 36,153 million dollars.

In addition, it is worth remembering that during 2023 the SE identified at least  378 investment announcements , so the amount for the first half of 2024 is added to the 110,744 million dollars that were announced last year.

On the other hand, investment announcements so far this year could generate around 62,940 jobs , according to information collected by the secretariat.

75% of the investment announced in the first half of 2024 is concentrated in 15 states, mainly Querétaro, with 14% directed to that entity; followed by the State of Mexico, with 10%; Nuevo León, with 9%; Puebla, with 6%; and Coahuila, with five percent.

Regarding the origin of investment, 73% was concentrated in three countries: the United States (48%), Germany (15%) and Argentina (10%).

On the other hand, 53% of public investment announcements are intended for projects in the manufacturing sector, followed by beverages (43%), automobiles (16%), auto parts (15%), iron and steel (11%) and components electronic (2%) .

Engie is the company that announced the largest investment with two billion dollars, directed to the south of the country; Walmart is the second company with the highest investment expectations in this semester, with 1,862 million dollars; while Volkswagen announced an investment of 1,087 million dollars.

Comment and follow us on X:@GrupoT21

El cargo Private Sector Adds $45.464 Billion in Investment Announcements in Mexico in the First Half of the Year apareció primero en T21.