Mexico’s Foreign Direct Investment Falls in 2014 to $22.4 billion

Foerign investment 2By Anthony Harrup / Wall Street Journal

Mexico received $22.6 billion in foreign direct investment last year, including $5.6 billion in the fourth quarter, far short of the record investment received in 2013, according to preliminary numbers reported by the Economy Ministry.

Foreign direct investment was lower than the $42.1 billion reported for 2013, when the amount was boosted by $13.2 billion with Anheuser-Busch InBev’s buyout of the half of brewer Grupo Modelo that it didn’t already own.

Direct foreign investment inflows of $33.9 billion last year were offset by $11.4 billion in reductions, including when foreign companies sell their investments to Mexicans, the ministry said.

The manufacturing industry received the most foreign investment last year, with $12.9 billion, followed by financial services, mining, commerce and construction.

Leave a Reply

Your email address will not be published. Required fields are marked *