Foreign investment in Durango increased by 200%

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In 2020, Foreign Direct Investment (FDI) for Durango grew more than 200 percent, despite the pandemic, according to the Ministry of Economy.

543.9 million dollars were invested in the entity by foreign companies.

They are 363.5 million dollars more than in 2019, when 180.9 million dollars of FDI were recorded for Durango.

Foreign Investment for Durango in 2020, represented 1.9 percent of the total for the Mexican Republic.

Inversión extranjera en Durango

At the country level, 29,079.4 million dollars were applied through this type of investment.

Although Durango was not one of the states with the highest FDI during the past year, it was not one of those with the least.

 inversión extranjera

Mexico City is the federal entity with the highest FDI in 2020, with 6,947.1 million dollars, that is, 23.9 percent of the national total.

Nuevo León follows, with 3,366.5 million dollars, which is equivalent to 11.6 percent of the national total.

Then there is the State of Mexico, with an FDI of two thousand 402.5 million dollars, that is, 8.3 percent of the national total.

In contrast, Colima is the state with the lowest FDI, with 97.6 million dollars, which is equivalent to 0.3 percent of the total in the country.

Most of the Foreign Investment for Mexico in 2020 has to do with the manufacturing sector (40.6%) and the main investing country is the United States (39.1%).

These figures have just been presented by the Ministry of Economy, before the Congress of the Union, in accordance with article 27, section IV of the Foreign Investment Law.

Source: elsiglodedurango.com.mx

The Durango Post

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