The Economic Commission for Latin America and the Caribbean (ECLAC) has published its annual report showing that the region continues to attract significant FDI following three years of continued rises and historic figures. According to ECLAC, governments should make the most of this to channel such investment into sectors that can help to change the region’s production patterns.
In the report, presented yesterday, Thursday 10 October, ECLAC makes the point that the figures are particularly significant because they are set in an international context of falling global FDI flows. Economic growth in the region, combined with the high prices of natural resources, has contributed to sustaining the level of foreign investment in the region.
ECLAC predicts a moderate overall increase in the region’s FDI during 2013. The report indicates that the Dominican Republic received US$2.288 billion in the first half of 2012 and US$3.472 billion for the total 2012. Statistics for the first half of 2013 are US$799 million.
Foreign Direct Investment in the DR can’t compare so far this year with last year when the major acquisition of the Presidente beer company significantly bolstered the figures for 2012. Anheuser-Busch InBev paid US$1.237 for the Cerveceria Nacional Dominicana.
www.eclac.cl/prensa/noticias/comunicados/5/51195/tabla_ied_actualizacion_ING.pdf
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