BCS captures 161.3 million dollars of foreign investment; ranks first in Mexico

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Other states that attracted significant investments were Yucatán, with 29.5 million dollars (6.3%) and Jalisco, with 22.6 million dollars (4.8%)

Inversión extranjera en cadenas hoteleras de BCS

A great advance in economic matters is what the state of Baja California Sur (BCS) is currently experiencing, since, according to the Secretary of Federal Tourism, Miguel Torruco Marqués, the entity has attracted 161.3 million dollars in Foreign Direct Investment Tourism (IEDT) during the first quarter of 2024, positioning itself as the leader in receiving this type of investment nationwide.

According to data provided by the Foreign Direct Investment Registries of the Ministry of Economy, the FDI in Mexico reached a total of 469.2 million dollars in the first three months of the year. This figure represents 2.3% of all foreign direct investment received in the country and significantly exceeds the 378.3 million dollars registered in the same period of 2019.

Torruco Marqués stated that the category of apartments and houses furnished with hotel services was the largest recipient of investment, accumulating 265.7 million dollars, equivalent to 56.6% of the total FDI. Scheduled air transport on national airlines also played an important role, attracting $82 million, representing 17.5% of the total investment. Together, these two sectors cover 74.1% of the FDTI.

Other areas that contributed to the FDTI include hotels with other integrated services, with 63.4 million dollars (13.5%), the management of airports and heliports, with 51.9 million dollars (11.1%), and the organization of excursions and tourist packages for travel agencies, with 6.3 million dollars (1.3%).

Within the breakdown of the IEDT by federal entities, Baja California Sur stood out with 161.3 million dollars, capturing 34.4% of the national total. Mexico City followed with 144.4 million dollars (30.8%), while Quintana Roo registered 74 million dollars (15.8%). Other states that attracted significant investments were Yucatán, with 29.5 million dollars (6.3%) and Jalisco, with 22.6 million dollars (4.8%).

Secretary Torruco Marqués emphasized that these results reflect the confidence of foreign investors in Mexico and, in particular, in Baja California Sur, as safe and profitable destinations for the development of tourism projects. Likewise, he pointed out that this positive trend is an indication of the strengthening and recovery of the tourism sector after the global economic challenges of recent years.

Source: tribunaldelabahia