Foreign direct investment in tourism exceeds USD 2,779 million from January to June

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https://en.travel2latam.com/nota/76254-foreign-direct-investment-in-tourism-exceeds-usd-2779-million-from-january-to-june
Foreign direct investment in tourism exceeds USD 2,779 million from January to June
Source: Sectur
August 30, 2022

The Secretary of Tourism, Miguel Torruco Marqués, reported that this represents a growth of 303.4% compared to the investment captured in the same period of 2021


The Secretary of Tourism of the Government of Mexico, Miguel Torruco Marqués, announced that from January to June 2022, Foreign Direct Investment in Tourism (FDI) registered 2 thousand 779.3 million dollars, which represents a growth of 303.4% compared to the investment captured in the same period of 2021; equivalent to 10.1% of the National Foreign Investment.

The head of the Ministry of Tourism (Sectur) indicated that based on the Foreign Direct Investment Records of the Ministry of Economy, the FTDI registered in the second quarter of 2022 amounts to 217.5 million dollars, being 31.4% of reaching the investment captured in the same quarter of 2021, with a proportion equivalent to 3.0% of Total FDI.

He pointed out that in the second quarter of 2022, the main countries that registered the largest flow of Foreign Direct Investment in Tourism were the United States with 160.9 million dollars, this is 74% of the total; Canada, 41.9 million dollars, which represents 19.3% of the total; and Colombia, 7.5 million dollars, 3.5% of the total.

He pointed out that the entities that captured the largest flow of Foreign Direct Investment in Tourism, during this period, were: Baja California Sur, 93.3 million dollars, that is 42.9% of the total; Jalisco, 32.4 million dollars, which represents 14.9% of the total; Quintana Roo, 29.1 million dollars, 13.4% of the total; Nayarit, 27.2 million dollars, this is 12.5% ​​of the total; and Mexico City, 12.3 million dollars, 5.6% of the total.

Torruco Marqués reported that from the first quarter of 1999 to the second quarter of 2022, a flow of FDI of 28 thousand 39 million dollars was registered, with a percentage share of 4.2% with respect to National Foreign Direct Investment during that period.

He underlined that the category apartments and houses furnished with hotel services reflects the largest share with 15 thousand 839.9 million dollars, which represents 56.5% of the total FDI, and hotels with other integrated services participate with 22.5%, this is, 6 thousand 321.1 million dollars, and both add up to a participation of 79% of the total of the FDI.

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