Mexico Rejoins Top 25 of Foreign Direct Investment Confidence Index
After four years of being outside the top 25 of Kearney’s Foreign Direct Investment (FDI) Confidence Index, Mexico has managed to secure the 21st position in the 2024 edition. This advancement has been primarily driven by investments stemming from nearshoring and reshoring.
The nation has experienced ups and downs in this index, reaching its best position during Vicente Fox’s administration in 2003. However, during Andrés Manuel López Obrador’s government in 2020, Mexico dropped out of the top 25. Disruptions in supply chains and the trade war between the United States and China have led more companies to consider relocating to Mexico.
In 2023, the country set a historical record in FDI, reaching a total of 36.058 billion dollars, 27% higher than in 2022. Investors see Mexico as a pivotal point for nearshoring towards the United States.
Despite increasing geopolitical tensions worldwide, interest in increasing investments continues to rise, with 88% of companies planning to increase their FDI in the next three years.
To read the full article: https://t21.com.mx/mexico-se-reincorpora-al-top-25-del-indice-de-confianza-de-inversion-extranjera-directa/