Mexico is attractive for FDI: CEPAL
The country is ranked among the nations of Latin America as one of the most productive, the leader of the organization, Alicia Bárcena, I am confident that tourism continues to make foreign exchange.
The Mexican economy will grow 5.3% this year and 3.5% in 2011, according to ECLAC. (Photo: File)RELATED ARTICLES
SANTIAGO, Chile (Sports Network) - Mexico remains one of the most attractive countries in the region for foreign direct investment (FDI), said the executive secretary of the Economic Commission for Latin America (ECLAC), Alicia Bárcena. "The country is ranked within the most attractive countries for investment to generate income , "Barcena said in an interview with Notimex.
Indicated that the grade of "talk that there is a very important that these investments, which in January-September 2010 were 14,400 million dollars , are also here to stay. They are not short-term capital. "
Barcena, a Mexican national, said that FDI is one of the areas of the Mexican economy has experienced a major recovery in the course of this year.
He said that the FDI of 14,400 million recorded between January and September 2010 is higher than in 2009, when it reached 11.900 billion.
"This means that FDI is much better than in 2009 , but does not reach the levels before the crisis, when it was higher than the 20.000 million dollars, "he said.
He noted that "another sign of recovery ( of the Mexican economy ) is given by private banks and the country is going to shore up savings and credit. "
According to ECLAC, Mexico's economy this year recorded an estimated growth of 5.3% and 3.5% in 2011.
Barcena explained that among the sectors contributing to the country's recovery is the tourist , who said, "will not experience drop next year, because in reality Mexico remains a major tourist destination."
The Executive Secretary of ECLAC noted that Mexico will experience a slowdown in 2011 is linked to exports to the United States.
" The U.S. economy is slowing and with it slows the economy of Mexico and Central America, although the phenomenon is not as marked as if it was in 2009, "he said.
He explained that even so, Mexico's economy "does move forward using its spare capacity, making large investments in machinery and equipment, and a revival in private consumption . "
Bárcena said that "Mexico has an interesting advantage is that the current account deficit has remained very stable. "
"If the regional average is 1.1 in Mexico is 0.6. Mexico has taken great care their balance both commercial and service and that is good news. It follows a very careful way in macroeconomic matters and that is reflected in good results" he said.
Indicated that the grade of "talk that there is a very important that these investments, which in January-September 2010 were 14,400 million dollars , are also here to stay. They are not short-term capital. "
Barcena, a Mexican national, said that FDI is one of the areas of the Mexican economy has experienced a major recovery in the course of this year.
He said that the FDI of 14,400 million recorded between January and September 2010 is higher than in 2009, when it reached 11.900 billion.
"This means that FDI is much better than in 2009 , but does not reach the levels before the crisis, when it was higher than the 20.000 million dollars, "he said.
He noted that "another sign of recovery ( of the Mexican economy ) is given by private banks and the country is going to shore up savings and credit. "
According to ECLAC, Mexico's economy this year recorded an estimated growth of 5.3% and 3.5% in 2011.
Barcena explained that among the sectors contributing to the country's recovery is the tourist , who said, "will not experience drop next year, because in reality Mexico remains a major tourist destination."
The Executive Secretary of ECLAC noted that Mexico will experience a slowdown in 2011 is linked to exports to the United States.
" The U.S. economy is slowing and with it slows the economy of Mexico and Central America, although the phenomenon is not as marked as if it was in 2009, "he said.
He explained that even so, Mexico's economy "does move forward using its spare capacity, making large investments in machinery and equipment, and a revival in private consumption . "
Bárcena said that "Mexico has an interesting advantage is that the current account deficit has remained very stable. "
"If the regional average is 1.1 in Mexico is 0.6. Mexico has taken great care their balance both commercial and service and that is good news. It follows a very careful way in macroeconomic matters and that is reflected in good results" he said.
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