INSUBCONTINENT EXCLUSIVE:
In 2023, Mexico is experiencing a record high in foreign investment as it anticipates the surge of the nearshoring trend.The country got
$32.926 billion in foreign investment from January to September
This is 2.4% more than the same time in 2022.The Ministry of Economy shared these figures
They are the highest since records began.But this record has a new pattern
Most of the investment is from reinvested profits
This is different from last year
Then, new investments were almost equal to reinvested profits.The Ministry of Economy explained this change
They said the investment is shifting
More money is now coming from reinvested profits and loans between companies.In the first nine months of 2023, 4,378 new companies started
This number is almost the same as last year
They use reinvested profits and loans for this.These methods help companies buy new things, grow, or move investments
They plan to stay for a long time.The Ministry says reinvested profits are part of foreign investment
By not giving out profits as dividends, companies save on a 10% tax
She said nearshoring investments take time, maybe 2-3 years.Before investing, companies look at many things
She said nearshoring means bringing supply chains closer
This helps with production.
