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Mexicali, Baja California,- Private investment from Mexican origin in Baja California during 2010 reached almost 70% of total investment between January and November, according to the report prepared by the Ministry of Economic Development. Total investment amounts to US$1.690 billion; being US$1.164 billion domestic investment and US$526 million foreign investment, Alejandro Mungaray Lagarda, Minister of Economic Development, informed.

He added that in complex economy times, Baja California’s strengths, built over many years, kept investors’ trust and were also decisive for the arrival of new projects. In foreign investment, the United States contributed with 26% of total investment, US$444.4 million, representing 85% of total foreign investment at the State.

By sectors, manufacturing industry contributed 31% with US$615 million, housing 27% with US$461 million, the same as mining, while investment in tourism infrastructure was US$177 million, i.e. 10.5%; finally, services account for 4.2% with US$71 million.