During January-June 2015, Mexico recorded 13749.7 million dollars in respect of Foreign Direct Investment, 41.3% higher than the preliminary figure for the same period of 2014 (9732.5 million dollars). In the second quarter, 5,419 million dollars were collected, 135.2% higher than the preliminary figure for the same quarter of the last year (2303.9 million dollars) and 14% above the average of the preliminary figures for the second quarters in all the history of the indicator (4752.1 million dollars).
The figure for the first half of 2015 is the net result of the sum of 16286.2 million dollars by way of inflows, minus 2536.5 million dollars recorded as decreases in FDI. Among the inflows, a transaction by 2,037 million dollars is highlighted, and is arising from the acquisition of the shares of two telecommunications companies, Iusacell and Unefon. The acquisition was made by AT&T, and it was held during the first quarter.
In this administration, the preliminary sum of cumulative FDI amounted to 82789.7 million dollars, a figure 38% higher than the preliminary cumulative amount reported in the same period of the previous administration (59985.3 million dollars).
The FDI registered during the first six months of 2015 came from 2,233 companies with foreign capital and is comprised as follows:
· By type of investment (source of funding): 52.7% through reinvestment of profits, 38.9% for new investments and 8.4% for accounts between companies.
· By sector: manufacturing, 41.4%; mass media information, 19.1%; financial services, 14.4%; trade, 10.8%; and construction, 8.8%. The remaining 12 sectors picked up 5.5%.
· By country of origin: United States, 49.9%; Spain, 9.9%; Japan, 6.5%; Netherlands, 6.2% and France 5.7%; other 63 countries contributed with the remaining 21.8%.
The figures reported only consider investments made and formally notified to the National Registry of Foreign Investment (RNIE, by its initials in Spanish), of the Secretariat of Economy; hence its preliminary nature, and their updates on the rise in the subsequent quarters.
The methodology for determining the FDI is based on international standards, contained in both the Manual of Balance of Payments of the International Monetary Fund (IMF) as well as the Framework Definition of Foreign Direct Investment of the Organization for Economic Cooperation and Development (OECD). The figures of the FDI were jointly reviewed by the Secretariat of Economy and the Bank of Mexico and will be integrated to the Report of Balance of Payments of the latter.