From January to November 2023, 363 private initiatives were carried out in Mexico investment announcements in the country, equivalent to $106.418 million, Mexico’s Ministry of Economy (SE) reported this Wednesday.
The above, the Mexican government agency clarified, is equivalent to 6.4% of Mexico’s gross domestic product (GDP) in 2022.
Except Ministry of Economics It is estimated that the potential investment will create up to 226,792 new jobs in the country, with 42% of these positions being in the automotive industry.
According to official data, the largest amount of advertising comes from companies in the US, followed by China, Denmark, Australia and Korea – five countries that together account for 54% of the total advertising.
When USA These announcements will result in investment expectations of $42,095 million, representing 40% of the total.
China represents investment announcements worth $12.61 billion, representing 12% of total announcements, while Denmark is expected capital injection into the country by $10.17 billion, 10%.
“There is an intention to receive investments from countries with a smaller share of FDI in Mexico, such as China, Denmark, Australia, Korea and Taiwan, which will diversify the origin of investments,” the Mexican agency emphasized.
By sector, the main announcements were made in production, with an estimated investment of $51,891 million, followed by the energy industry ($20,105 million); transport (by $17.282 million).
This is followed by construction ($9.29 billion) and trade ($4.261 million).
“In the manufacturing sector of the industry: automotive industry (20%), auto parts (8%), metallurgical industry (4%), electronic components (4%) and beverage industry (3%),” SE said.
The main companies that announced investments in Mexico were México Pacific Limited and investment expectations $15 billion for the transportation of natural gas in the country, President Andrés Manuel López Obrador announced on July 17.
Follows behind Tesla, with an expected investment of up to $10,000 million, which will be used to build a mega-factory for the production of electric vehicles; and the Danish fund Copenhagen Infrastructure Partners, which estimates investments in hydrogen production at $10 billion.
This is followed by statements from Woodside Energy, Kia MotorsLGMG Group, Ternium, CloudHQ, Jetoru, Pegatron and Wistron.
EFE
Source: Aristegui Noticias
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
