Mexico Expects FDI Slowdown

Mexico’s economy ministry is expecting foreign direct investment to slow this year, reflecting an economic deceleration in Mexico’s largest investor – the US – and at home. Deputy economy minister Carlos Arce estimated that FDI would fall back from around $18.9 billion last year to $18.3 billion this year. Last year, new investments accounted for 40%, or $7.54 billion of total FDI. The US remained Mexico’s largest investor last year, contributing just over two-thirds of all investment.