Out of the three states of the Peninsula, Yucatan showed a significant growth in Foreign Direct Investment (FDI) during the first quarter of the year. The state obbtained 21.5%; Quintana Roo, 18.5 %, and Campeche stayed the lowest with 9.2%.
Figures from the National Institute of Statistics and Geography (INEGI) revealed that during January, February and March, Yucatan received FDI amounting to $53.5 million USD, compared to the $44 million USD from 2016. This indicates an increase of $9.5 million USD. Nonetheless, Yucatán’s best year for FDI was 2015, when the investment equalled to $71 million USD during the same time period.
Additionally, this year’s most attractive investment areas were those of transport, logistics and storage, which reported a spill of $21.3 million USD. Comparing with last year’s numbers, there was an increase of 580 percent, since during the same period in 2016, the comparable figure was $3.1 million USD.
Likewise, more sectors such as financial and insurance services; real estate and renting services for movable and intangible goods; professional, scientific and technical services; temporary housing, and food and beverage preparation services totalled $19.1 million USD.
Lastly, these sectors, as a whole, reported an increase in the economic spurt of 6.1 percent.
more recommended stories
Possible 2020 candidate Beto O’Rourke meets with young refugees at US-Mexico border
Flanked by a group of politicians.
Gabriel García Márquez niece rescued from kidnappers after four months
BOGOTÁ (EFE) .- Colombian authorities rescued.
Another femicide in Mérida, woman from Tekax stabbed 44 times
The murder of María Rosalía Chan.
Markets in Merida to be promoted with cultural events
In order to attract more people.
Puppy killed by fireworks in Nezahualcóyotl, State of Mexico
The use of fireworks without proper.
Harpsichordist Evening Concert to benefit the Mérida English Library
Keith Paulson-Thorp – Harpsichordist will perform.
Carbon Dioxide emissions see steep jump in 2018
Scientists say after several years of.
Mexico’s Polytechnic Institute and local company NC-Tech to create industrial training center 4.0
Mexico, Dec. 14 (Notimex).- The School.
MEXICO TO REGULATE ENTRY AT SOUTHERN BORDER
Mexico ’s top security official said.
Mexico has the potential to become the main supplier of cannabidiol (CBD) in the world
Cannabidiol is a raw material derived.