Baja California Sur stands out in attracting foreign direct investment in 2024

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Baja California Sur destaca en captación de inversión extranjera directa en 2024

Baja California Sur stands out in attracting foreign direct investment (FDI) in Mexico, accumulating 783.3 million dollars between January and September 2024. This figure represents 95.6% of the state total and highlights the state as a key driver of economic and tourism development in the country.

The head of the Ministry of Tourism and Economy, Maribel Collins, told the media on December 31 that much of this investment was channeled towards temporary accommodation services, strengthening the tourism infrastructure and generating new employment opportunities.

“The flow of capital demonstrates the confidence of international investors in Baja California Sur as a world-class destination”

According to official data, 83.9% of the investments came from the United States, followed by Canada with 8.8% and Spain with 4.4%. This diversification of capital sources highlights the global attractiveness of the state, driven by its strategic geographic location and its high-level tourism offer.

During the third quarter of 2024, Baja California Sur attracted 216.5 million dollars, equivalent to 51.6% of all national tourism investment. These figures consolidate the state not only as a benchmark in tourism, but also as a key player in the economic recovery of the sector at the national level.

Collins reiterated the state government’s commitment to continue promoting Baja California Sur as a competitive and attractive destination for investments.

“We are working to ensure that these projects benefit all South Californian communities, translating this economic growth into tangible well-being for the local population.”

With these actions, Baja California Sur reaffirms its leadership and continues to build a sustainable future based on the strengthening of its economy and the quality of its tourism offering.

Source: bieninfromado