jueves, 9 de diciembre de 2010

Direct Investment Grows 21% In Mexico

Direct investment grows 21% in Mexico.


22/11/2010 19:13


Mexico. The country received $14,362 billion dollars of Foreign Direct Investment (FDI) in the period January-September 2010, a figure 21.1% higher than reported in the same period last year.

Through a statement, the Secretariat of Economy (SE) explained that the FDI for the period January-September 2009 was $11,856.6 billion dollars, while in the period between January 2007 and September 2010, Mexico received $82,820.8 billion dollars.

In 2010, 3,182companies invested, and most attractive sectors for foreign investors were manufacturing - which received 60.7% of the investment, trade with 16.8%, financial services with 12.5%, other services, with 6.8% and other sectors, with 3.2%.

The country that invested more in Mexico was Holland with $7,461.2 billion dollars (52%), followed by the U.S. with 4,361.8 billion (30.4%).

Also Spain invested $967.6 million (6.7%), Canada $481.3 million (3.4%), Brazil $345 million (2.4%) and other countries $745 million (5.2%)

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Mexico is Attractive For German Investor

Mexico is attractive for German investors


08/12/2010 21:15


Three out of four German companies in Mexico have plans to invest in the country in 2011.
This is the result of the survey that the Mexican -German Chamber of Commerce (CAMEXA) conducted in early December among its members.

The trend shifted positively in recent months, since in previous monitoring conducted in April this year, only 53% said it plans to invest.

A concern among companies is the insecurity. The survey asked: Does the current wave of violence affect the operation of your company?

Only 16% said that the issue has no relevance. Some 55% see it as 'relevant' and 29% as 'very relevant.'

It summarized that the perception of security in the country is critical, but so far this is not an investment obstacle to German companies residing in Mexico, said Johannes Hauser, general director of the Chamber.

For the CAMEXA, 2010 was characterized by a clear recovery of the German companies residing in Mexico. 85% of the representatives of the companies reported that their results in terms of sales volume and profits, improved compared with the previous year.

This positive performance is reflected in the employment situation: 63% of companies subscribing to the CAMEXA announced the creation of new jobs in 2011, 33% expect to maintain their workforce and only 4% expect to reduce it.

Germany is the largest trading partner of Mexico in the European Union. In 2009, bilateral trade recorded a volume of $12.5 billion dollars.

In Mexico are operating 1,200 companies with German capital. These companies have created 120,000 jobs and participate with 7% of GDP.

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