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23 May 2016, Radoslav Yordanov, EMIS Editor

Cepal forecasts FDI of USD 28.30bn in Mexico this year

The Latin American and Caribbean region Economic Commission (Cepal) predicts that in 2016 Mexico will receive foreign direct investments (FDI) of USD 28.30 bn. According to Alicia Barcena, executive secretary of Cepal, the country of 120 million people would be one of the few emerging economies attracting productive capital this year. Barcena considers that most of these investments would aim the manufacturing sector.

The executive secretary also underlined the growing importance of agribusiness in Mexican economy thanks to the Trans-Pacific Partnership (TPP) agreement. In this regard, she added that country’s economic growth could reach a rate of 2.3% in 2016.

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