Of the announcements made in the first seven months of the year, 75,481 new jobs are expected to be created.
The countries leading these more than 48 billion dollars are the United States, with 46%; Germany, with 15% and Argentina, with 9%.
The agency headed by Raquel Buenrostro also highlights the entry of China, France and Portugal among the main countries interested in investing in Mexico, particularly in the automotive, natural gas and fertilizer sectors.
By sector, 53% of public investment announcements are concentrated in manufacturing.
Within the manufacturing sector, the beverage industry stands out with 41%; automobiles, with 15%; auto parts, with 15%; iron and steel, with 10%) and electronic components, with 2%.
Of the total expected job creation, the automotive industry accounts for 31,832 of the new direct jobs.
Furthermore, 74% of the announced investment is concentrated in 15 federal entities, led by Querétaro, the State of Mexico and Nuevo León.
The main announcements made from July 1 to 31, 2024 are as follows: Mota-Engil and Duro Felguera, construction of a fertilizer plant for 1.2 billion dollars; Mars Petcare, animal feed for 196 million and Harman, auto parts manufacturing for 115 million.
From January 2023 to July 2024, 544 public announcements of foreign investment from the private sector were identified, with an expectation of 158.7 billion dollars and the generation of more than 300 thousand new jobs.
Only from January to July… pic.twitter.com/8cAOVzF0BW
— Mexican Economy (@SE_mx)
August 12, 2024
