28 Aug '11, 4pm

The Almighty Peso: Sustainable Investing in Mexico

"Companies are looking for the best place to invest. It's obvious that Mexico has been that place for North America." -- Mexican Economy Minister Bruno Ferrari [1] Last week, Bloomberg News reported that Mexico raised their foreign direct investment (FDI) inflow forecast to USD 20 billion for 2011, an 11 percent boost from the USD 18 billion estimate put forth by Finance Minister Ernesto Cordero earlier this year.[2] While it may sound like an aggressively rosy outlook, it seems on target. On Thursday, EFE News reported that Mexico's FDI inflow through the first half of 2011 was down 13.3 percent compared to the same period last year, but that amount is still a robust USD 10.6 billion, with the almost three-fourths of it coming from the United States. The manufacturing sector represented the biggest piece of the pie, with 37.7 percent; followed by financial services and in...

Full article: http://www.justmeans.com/-Almighty-Peso-Sustainable-Inves...

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