Home Business-newBusiness Mexico attracts 469 million US dollars in Foreign Direct Investment (FDI)

Mexico attracts 469 million US dollars in Foreign Direct Investment (FDI)

by Yucatan Times
0 comment

According to data from the Ministry of Tourism (Sectur), it was the category of apartments and houses furnished with hotel services that captured the largest volume of resources with 265.7 million US dollars or the equivalent of 56.6% of the total FDI.

Mexico attracted 469 million dollars of Foreign Direct Tourism Investment (FIDI) during the first three months of the year, which represented the equivalent of 2.3% of the total FDI that the country attracted.

In addition, the figure was 24% higher than what was recorded in the first quarter of 2019 when 378.9 million dollars were reported.

According to data from the Ministry of Tourism (Sectur), it was the category of apartments and houses furnished with hotel services that captured the largest volume of resources with 265.7 million US dollars or the equivalent of 56.6% of the total. It was followed by scheduled air transport on national airlines with 82 million US dollars or 17.5% of the FDI.

Hotels with other integrated services captured 63.4 million US dollars, 13.5% of the total. While the administration of airports and heliports obtained 51.9 million US dollars, representing 11.1%, and the organization of excursions and tourist packages for travel agencies, caught 6.3 million US dollars, 1.3% of the total.

Baja California Sur was the entity with the greatest attraction of IEDT with 161.3 million dollars or 34.4% of the total. It was followed by Mexico City, which accounted for 30.8% of the total or the equivalent of 144 million dollars. While Quintana Roo achieved 74 million, 15.8% of the total. Other relevant states were Yucatán and Jalisco with 29.5 million dollars and 22.6 million dollars, respectively.

The largest volume of FDI came from the United States, which is also the main source market for tourists to the country, with 287.9 million US dollars. The USA represented 61.4% of the total capital injection. France and Spain followed with 53.2 million US dollars and 45.9 million US dollars, respectively, and a share of 11.3 and 9.8%. While Canada invested 33.5 million dollars or 7.1% of the total. For its part, Germany made a contribution of 3.1 million dollars, which represented only 0.7% of FDI.

In 2023, Mexico reported 2,560 million USD in FDI, 5.3% of the total investment registered for the entire country.

TYT Newsroom

You may also like

Leave a Comment

Our Company

Lorem ipsum dolor sit amet, consect etur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis.

Newsletter

Laest News

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
-
00:00
00:00
Update Required Flash plugin
-
00:00
00:00