Mexico accounts for more than $19 billion in foreign investment in the first quarter

Preliminary figures from the Economy Ministry indicated that Mexico received $19.427 million in foreign direct investment in the first quarter of 2022.

The Ministry of Economy has specified that the data will be adjusted when there is more information about the operations in that period, in which exceptional moves were carried out for foreign direct investment, in connection with the merger of Televisa with Univisión and the restructuring of Aeroméxico, which represents 6875 million dollars.

Without looking at the aforementioned moves, foreign direct investment in the first quarter of 2022 is 5.8% higher than the same period last year, when it was $11,864 million.

But when considering the merger of Televisa with Univisión and the restructuring of Aeroméxico, the initial FDI obtained in the first quarter of 2022 increased by 63.7% compared to the same period in 2021.

Initial FDI came from: 1,807 companies with foreign capital; 1306 credit agreements; and 15 foreign legal entities.

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In addition, they are combined as follows:

  • By type of investment (funding source). By reinvesting profits, 47.7%; for new investments 45.2%; And for inter-company accounts, 7.1%.
  • By sector: Manufacturing, 24.2%; Information in the media 19.4%; Financial and insurance services 17.2%. transport 15.3%; Construction 7.3% and mining 5.8%. The remaining sectors accounted for 10.8%.
  • By country of origin: United States, 39.1%; Spain 10.8%; Canada 7.1%; France 3.4%; Argentina, 3.2%; and the United Kingdom 3.0%, and other countries contributed the remaining 33.4%.

“The reported amounts only take into account the investments made and officially reported to the National Register of Foreign Investments of the Ministry of Economy; hence their preliminary nature and the fact that they will be subject to updates in successive quarters,” noted the agency in charge of Tatiana Clauther.

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