Mexico: 2nd place in Hispanic America as FDI destination
Foreign Direct Investment (FDI) has grown in Mexico, owing to its competitive costs compared to other countries, advantage of its geographical location (NAFTA, APEC) and its qualified labour
The Automotive sector in Mexico represented 6% of the total Foreign Direct Investment
Enterprises like Volkswagen, Fiat, Daimler, Pirelli and General Motors
announced investments of 4,000 million dollars for vehicles and parts
manufacture
Investment in the auto parts sector reached 400 million dollars (530,000 jobs)
Investment in the medical devices sector rose to 927.5
million dollars
The Medical device industry in Mexico receives 927 million dollars in Foreign Direct Investment0
Main FDI sources were the United States, Switzerland, Germany, and the Netherlands
Mexico ranks in the second place in Hispanic America as a Foreign Direct Investment destination with 23% of the total in software projects in the region