Foreign Investment Plunges 50 Percent in Mexico
 Agence France-Presse
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February 26, 2010
Mexico City – Foreign direct investment (FDI) in Mexico fell by 50.7 percent to 11.417 billion dollars in 2009, its lowest level in 10 years, chiefly due to the global financial crisis, the government said.
In 2008, total direct foreign investment reached 23.17 billion dollars, the Secretariat of Economy said.
Top foreign investors in Mexico last year included the United States, with 5.8 billion dollars, the Netherlands (1.46 billion), the US territory of Puerto Rico (1.16 billion) and Canada (one billion), it added.
Mexico's economy, Latin America's second largest, after Brazil, contracted by 6.5 percent during last year's global financial crisis, its biggest slide since the 1929 Great Depression.
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