Mexico May Attract as Much as $22 Billion of FDI, Zozaya Says
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Mexico may garner as much as $22 billion of foreign direct investment this year as the U.S. rebounds and companies seek to diversify from Asia, said Jose Zozaya, president of the American Chamber of Commerce in Mexico.
The estimate tops a forecast of $20 billion by Mexican Finance Minister Ernesto Cordero in April and would be an 18 percent increase from the $18.7 billion in 2010 reported by Mexico’s central bank.