Mexico.- Between 1994 and 2010 Mexico received around US$313.445 billion from Foreign Direct Investment (FDI), of which 45.6% were channeled to manufacturing sector. Alejandro Faya Rodriguez, Head of Foreign Direct Investment Office in the Ministry of the Economy, said that since the commercial opening Mexico has made a name as an attractive destination for manufacturing, which has translated into fostering economic growth.
“In such term, manufactures accounted for 18.9% of Gross Domestic Product (GDP)”, he assured.
According to a study about impact and effects of FDI in Mexico, manufacturing sectors have been the most attractive for foreign investment, while automotive and electric-electronics industry stand out for their capital, labor force and technology.
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Wednesday 22 February 2012
