Investment in Sinaloa: IED Record Record, Sedeco

Investment in Sinaloa: IED Record Record, Sedeco


Investment in Sinaloa: IED Record Record, Sedeco

 

Sinaloa could close the year with 100 million dollars in this item, advances the Secretariat of Economic Development

In the state of Sinaloa, the year is expected to end with a record in Foreign Direct Investment. By the end of the first quarter, $ 83.5 million was accounted for, but it is estimated, due to the pace at which the capitals have reached, that the figure could reach 100 million dollars statewide.
Mining is at the top of the most attractive activities and represents 36.7 percent. Investments in hotel and tourism, real estate services and manufacturing industry have also been recorded, and in a smaller amount in agriculture, transport and commerce. Investment in Sinaloa.

The country that has invested more in Sinaloa is the United States with 40 million dollars (47 percent). They are followed by Canada with 14 million (16.7 percent), Taiwan with 13.3 million (16.29 percent) and Chile with 8.3 million (10 percent).

Other investments recorded on a smaller scale are those from the Netherlands, Spain, Germany, Italy and Brazil.

The Secretary of Economic Development of the State Government, Eduardo Ortiz Hernández, announced that the commercial missions of different nations are continuing with the purpose of analyzing the economic opportunities in the state, especially for the next opening of the Mazatlán-Durango highway and the Formalization of the gas pipeline project, which represent great investment attractions. Investment in Sinaloa.

The Czech Republic's ambassador Jirí Havlík will visit the state next week to learn about investment opportunities in topics such as products that can be traded between the two countries.

"What we have tried is that the ambassadors know directly what Sinaloa has in the investment issue, Sinaloa has already visited six ambassadors, including New Zealand, Vietnam, Indonesia and Canada," said the secretary.

He added that some priority projects for next year are the promotion of the Public-Private Partnerships Act, the Northwest pipeline and the application of the Science and Technology Act. In addition, a significant increase was seen in 2013 with the start-up of the Mazatlán-Matamoros highway.

Dls. $ 22.5 MILLION

Foreign Direct Investment in 2010

Dls. $ 78.7 MILLION

Foreign Direct Investment in 2011

Dls. $ 83.5 MILLION

Foreign Direct Investment for the third quarter of 2012

RUBROS

Mining is at the forefront of the most attractive activities among the Foreign Direct Investment headings.

Mining 36.7 percent (Dls $ 30.3)

Temporary Accommodation Services 28.7 percent (Dls $ 24)

Real Estate Services 16.7 percent (Dls. $ 14)

Manufacturing Industry 16.7 percent (Dls. 14)

Others  Less than 1 percent

Source: Secretariat of Economic Development

FDI in millions of dollars

Agriculture, transport and trade.