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Latin America Investment News on Viva Tropical

Guatemala Welcomes 47% Jump in Direct Foreign Investment

Article Summary:

Guatemala welcomes a bit of good economic news, as it saw its direct foreign investment grow by a healthy 47% during the first half of 2012 compared with the same period last year.

Photo Credit: Hobotraveler

Original Article Text From Tribuna Honduras via Google Translate:

Foreign Direct Investment in Guatemala grew 47.2% first half 2012

Foreign direct investment (FDI) in Guatemala grew by 47.2% during the first half of 2012 compared with the same period last year, said an official source.

According to statistics from the Bank of Guatemala (central), between January and June 2011 FDI in the country reached 523.5 million dollars.
But in the same period of 2012 increased by $ 247 million, ie 47.2%, and reached 770.5 million dollars.

The sectors of manufacturing and electricity, with 37.2 and 26.8% of the total, are the ones that have attracted investment this year.
The authorities expect that 2012 closed with about 1,500 billion in foreign investment, which would be a record.

FDI has been increasing in recent years, according to official statistics.
In 2011 foreign investment reached U.S. $ 984.6 million, up from 805.8 million in 2010 and $ 600 million in 2009. ACAN-EFE

Link to Original Article:

From Tribuna Honduras

Latin America Investment News on Viva Tropical