Campeche was the entity that grew the most in Foreign Direct Investment (FDI) in the country during the first quarter of 2018, with 10.2 million US dollars, which represents an astonishing 298% of its total FDI for the period, reported the Secretariat of Economy of the Federal Government.
In this regard, Héctor Magaña Rodríguez, coordinator of the Center for Research in Economics and Business (CIEN) of Tecnológico de Monterrey, pointed out that the increases in the new Direct Foreign Investment in Campeche in the period are due to “the new port development, that features innovative and improved infrastructure, in order to diversify and expand the capacity, not only to improve the oil industry, but to encourage the arrival of capital in other economic activities. ”
At the national level, only four states presented advances in new investments in that period, significantly enough to promote the productive development of the economic sectors.
According to data from the Ministry of Economy of the Federal Government, the new FDI that Campeche received in the first three months of thie year, represents almost three times the total external investments that came to the state in the same period that, together, represented 3.4 million of dollars.
16 million in reinvestments were also raised, although there was a negative flow of -22.8 million in inter-company accounts.
In the first quarter of 2018, Campeche registered 10.2 million US dollars of new Foreign Direct Investment. In reinvestments, the amount amounted to 16 million dollars, although in capital flows there was a negative indicator of -22.8 million dollars. The result of the sum shows the 3.4 million that represent the total FDI.
Hence, the 10.2 million pesos of new investments are almost three times the total FDI.
The negative flows of capital, which in this period is 22 million dollars, are due to loans requested by the subsidiary companies to the parent companies abroad or advanced payments.
more recommended stories
Rewards in exchange for donating plastic containers in Mérida
The modules of the pilot project.
Cozumel police protest mismanagement of funds by senior officers
Municipal police in Cozumel, Quintana Roo,.
Southwest Airlines to expand cargo business to Mexico
According to CNBC News, the avocado on.
Mérida hotels take measures against Influenza
The hotel and commerce sector of.
CICY scientists develop international biomimetic study on cocoyol fruit’s toughness
The Cocoyol or Coyol (Acrocomia Mexicana).
American tourist killed by stray bullet in Mexico City: ABC News
According to ABC News, an American.
Tour Mexico’s Yucatan Peninsula and explore ancient Maya culture
The archaeological sites of the Maya.
OPINION: AMLO will fight the drug war in a different way
Phillip Smith is a writer, author.
Top 10 things you should know about NABCO Ghana
While NABCO is still a new.
Mérida City Council will take “vulnerable social groups” representatives to visit Logos Hope
MÉRIDA, Yuc.- The City Council of.