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11 Jul 2019, Radoslav Yordanov, EMIS Editor

Mining investment in Mexico to grow 9.1% in 2019

Investment in Mexico’s mining sector will increase 9.1% to USD 5.34bn this year, Business News Americas reported, citing a forecast by the industry chamber Camimex.

This figure shows significant improvement compared to organization’s previous projection of USD 2.60bn. Moreover, the upward revision also suggests that expected investments from chamber’s affiliates will hit approximately USD 26.4bn in the next five years.

Camimex president Fernando Alanis highlighted that despite 2018 and 2019 figures are still far from the USD 8.43bn received in 2012, “the sector continues to be one of the productive sectors that attract the greatest investment to the country”.

Sign in and read the full article in emis.com, and find out more about EMIS. Original source: Business News Americas