Article Summary:
p
Original Article Text From Prensa Libre via Google Translate :
Foreign Investment up 13%
Foreign Direct Investment (FDI) reached U.S. $ 910.8 million in 2011, reported last Saturday the Bank of Guatemala (Banguat).
That figure was 13 percent higher in the FDI entered the country in 2010, which reached U.S. $ 805.8 million, according to Banguat.
Foreign investment had been increasing since 2006 when it reached U.S. $ 591.6 million and the figure reached U.S. $ 745.1 million in 2007.
In 2008, according to the information published online by the central bank, FDI reached U.S. $ 753.8 million, but in 2009 fell to U.S. $ 600 million.
By 2012 it is expected that foreign investment also exceeds the $ 900 million.
Last Thursday, the Baguat also announced that GDP grew 3.9% during 2011, which is considered a better economic performance of the country, because it exceeded the projection was made of 3.8%.
The sectors that reported more economic dynamism were: agriculture, mining and quarrying, transport, communications and storage, while there was slower growth in manufacturing.
