Foreign direct investment in the tourism sector totaled US$$ 240.7 million in the first quarter of 2021, a figure that represents 25% of the US$960.9 million raised according to statistics provided by the Central Bank.

The second sector to attract investment in commerce and industry, with US$149.9 million (16%), the third is real estate with 16% and it is followed by electricity with US$137.1 (14%).

Mining activity achieved US$19.6 million (12%), free zones US $ 69.6 million (7%), transportation US$33.3% (3.5%) and financialUS$28.4 million (2.9%).

The main country of origin is the United States with 38% of investments in the first quarter (US$363.6 million), followed by Mexico with 16% (US$97 million), Canada 9% (US $ 86 million), Spain 8% (US$81 million), Denmark 4% (US$35 million), Grand Cayman 3% (US$27 million.

The list is followed in order of importance by the British Virgin Islands, Panama, United Kingdom, Venezuela, Italy, Brazil, Switzerland, Germany, France, Colombia. The Central Bank information also includes US$157 million (16% of the total) of small investments from countries that it does not identify and includes as “Rest”.


Source:

Resumen Turismo

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