Foreign investment in Yucatán Peninsula tops USD $222 million in first half of 2015

Construction workers in Mérida, Yuc. (Photo: Pedro Mentado | UN1ÓN )

During the first half of 2015, foreign direct investment (FDI) in the three states of the Yucatan Peninsula exceeded USD $222.9 million, according to Mexico´s Ministry of Economy.

The report indicates that the figure for the first six months of the year contrasts favorably with USD $32 million in all of 2014.

In the first three years of President Enrique Peña Nieto´s government, Quintana Roo is the most dynamic state in the peninsula with an investment of USD $1.080 billion.

However, the state led by Governor Roberto Borge lost momentum in attracting investment in 2014 and the first half of the year, with revenues of USD $115.8 million, and USD $36.3 million in each period. In 2013 and 2014 FDI received by Quintana Roo was USD $455.7 and 472.7 million, respectively.

Yucatan is the second best in FDI, capturing USD $190.4 million over three years, with 2015 its best period with USD $81.1 million in just six months. Over the three years it received: 2012 (USD $35.1 million); 2013 (USD $41.0 million), and 2014 (USD $33.2 million).

Meanwhile, Campeche recorded a divestment of USD $36.7 million dollars in total. 2012 was the best year with USD $111.2 million and flows for the first six months of 2015 to USD $105.5 million.

According to official figures, in the first three years of President Peña Nieto, the Federal District is the entity that has attracted the most FDI with USD $39.7 billion; the State of Mexico in USD $4.85 billion; and Chihuahua is the third state with $3.7 billion.

FDI Yucatan Peninsula
(Millions of dollars)
2012 2013 2014 2015’Jun Sexenio
Campeche 111.2 -136.4 -117.0 105.5 -36.7
Quintana Roo 455.7 472.7 115.8 36.3 1,080.5
Yucatan 35.1 41.0 33.2 81.1 190.4
Total 602 377.3 32.0 222.9 1,234.2
National 17.810 39.172 22.568 13.750 93,299.8
Source for statistics: Secretary of Economy

Source:  UnionYucatan