Nuevo León projects to reach 4,400 million dollars of FDI in 2022
Mexicoxport | June 22, 2022 |

During this year, the Foreign Direct Investment (FDI) of Nuevo León (NL) would add four thousand 400 million dollars, 10% more than that registered last year, said Iván Rivas, secretary of economy of the entity.

The first quarter of this year, 1.1 billion dollars were registered, which means that if we maintain the trend, they would end the year with 4.4 billion dollars of investment, exceeding by 10% what was registered in 2021, the official said.

2021 was a record year in which four billion dollars entered, a record figure 23% higher than what was recorded in 2019, which was three thousand 94 million dollars, added Rivas.

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The fourth quarter of last year, Monterrey closed with an investment of 921 million dollars, as number one in the country, which meant that 25% of the resources that arrived in the country were captured by Nuevo León.

"The above reflects the confidence that investors in NL have to come and invest and stay here and to continue expanding because expansions are also important for this is the new foreign investment that comes and the expansions that international investors are making," he added. .

Likewise, he said that the entity has a historical record in exports, and as they are growing, the trend for this year is that they add up to 47 billion dollars, when normally we are at an average of 45 billion dollars.

“In the first quarter of the year we increased exports by 20%, we have exceeded pre-pandemic levels, in 2019 and 2020 we reached a record of around 43 billion dollars and we are already at 47 billion.

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"Among the sectors that we have the most exports to the United States, one is auto parts, despite the fact that we only have one assembly plant, which is Kia Motors, but Tier-1 auto parts manufacturers, which are the suppliers of the assembly plants, have many and are very strong."

He added that "in fact we have a cluster that is the automotive cluster, which is very strong and does very good things, in fact, right now they are thinking of a business and networking event to bring together small suppliers with medium and medium with large .

Another sector with large exports to the United States has to do with the whole issue of production and generation and electric transportation, everything that is cables, everything that is transformer, is everything that has to do with the electrical industry there we are very strong and the third has to do with household appliances.

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