staging
18% of the country's FDI is concentrated in the Central-Bajío-Occidente alliance
El Economista | December 30, 2021 |

The states that make up the Central-Bajío-Occidente Alliance (Aguascalientes, Guanajuato, Jalisco, Querétaro and San Luis Potosí) captured 4,484.2 million dollars of Foreign Direct Investment (FDI) from January to September, a figure that represents 18% of the total received the country in that period, according to the Ministry of Economy.

Among the objectives of the Centro-Bajío-Occidente Alliance is to forge itself as an attractive investment project. Guanajuato y Jalisco concentrate the highest amounts within the five entities, adding 1,639.3 and 1,192.3 million dollars, respectively, that is, 36 and 26% of the total investment accumulated among the states in the area.

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Next, San Luis Potosí is located with 888.1 million dollars (19.8%), Querétaro with 595.5 million (13.3%) and Aguascalientes with 169.0 million dollars (3.8 percent).

The amount of FDI accumulated by the five states from January to September registers an increase of 2.9% compared to the same period of 2020, when they totaled 4,357.5 million dollars.

The increase reported this year is preceded by a decrease of 1.5% in 2020 compared to the same period of 2019, since this figure was around 4,426.3 million dollars.

Before the pandemic, in 2019, the region's FDI added 4,822.7 million dollars throughout that year, then it represented 14% of the national total. Then - in the first year of the pandemic - the figure reached 4,805.5 million dollars (17.4% of the total) and in the 4,484.2 million of January-September 2021 it is equivalent to 18% of the total.

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However, by entity, in the accumulated from January-September, only two of the five entities grew in annual terms the reception of FDI: Guanajuato and San Luis Potosí.

Therefore, Aguascalientes, Jalisco and Querétaro show a decrease.

Guanajuato's FDI added 1,639.3 million dollars as of September of the current year, while 271.4 million dollars were reported in the same period of 2020.

In San Luis Potosí, foreign investment amounted to 888.1 million dollars, an increase of 26.4% compared to the previous 702.7 million.

Aguascalientes added 363.5 million dollars from January to September of this year, a figure that shows an annual decrease of 53.5% compared to 169 million in the previous period, according to records from the Ministry of Economy.

Jalisco achieved 1,192.3 million dollars, an amount that exhibits a 43% annual fall, since in the same period of the previous year it amounted to 2,093.4 million.

In Querétaro, FDI amounts to 595.5 million dollars, a decrease of 35.7% in relation to the 926.5 million of the previous year.

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