8/25/15 Financial Times
Mexico and Brazil dominate foreign direct investment flows into Latin America, but their FDI prospects could be heading in opposite directions. While Mexico is making hay with China’s declining cost competitiveness in manufacturing, Brazil is slipping behind.
In 2014, Mexico attracted 366 greenfield investment projects totalling an estimated $33bn and Brazil 322 projects at $18bn, according to fDi Markets, an FT data service. Together they mopped up nearly 60 per cent of capital expenditure on new projects or expansions of existing facilities in Latin America and the Caribbean last year.