Mexico attracts FDI for US$7.57 billion in the first quarter

Mexico attracted 7.57 billion dollars in foreign direct investment (FDI) in the first quarter of 2015, the highest preliminary figure for a first quarter, thanks to the acquisition of shares in the telecommunications companies Iusacell and Unefon by AT&T.

The Ministry of Economy said that the figure is 30% higher than the preliminary figure for the same period of 2014.

Most of the investment was directed to manufacturing projects and came from the United States (59.4%), followed by Spain (14.3%), Japan (8.2%), South Korea (4.8%), France (2.9%) and the Netherlands (2.3%).