ECLAC: FOREIGN INVESTMENT GREW 44% IN VENEZUELA IN THE FIRST HALF OF 2013


eclacCaracas, 10 Oct. AVN.- The United Nations Economic Commission for Latin America and the Caribbean (ECLAC) released Thursday a report stating that foreign direct investment increased 44% in Venezuela during the first half of 2013.

The report says that in the first half of 2012, foreign direct investment (FDI) in the country amounted 1,8 million dollars and during the same period this year the figure rose to 2,7 million, 44% more.

The report further states that all 13 countries of the region received $102.9 million and Mexico, with 158% and Venezuela with 44% stand out for having the highest increases. Mexico received 23.8 million dollars in FDI.

The giant Brazil received $39 million, a figure which, although it has been the largest in the region, is 10% lower than that one from the same period last year.

Other countries that showed increases were Peru (27%), El Salvador (27%), Panama (19%), Costa Rica (15%), Uruguay (8%) and Colombia (5%).

These figures confirm the trend projected by ECLAC, a modest increase in FDI for 2013 in the region.

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