Foreign Direct Investment grew by 84% in Queretaro

Foreign Direct Investment (FDI) from Germany has grown stronger in Queretaro over the last years, supported primarily by investment projects within the automotive and auto parts sector. According to data from Mexico’s Ministry of Economy, German FDI exerted in Queretaro has shifted from a record of US$47.1 million, from January through June 2016, to an amount of US$86.8 million, reported during the first semester of 2017, thus representing annual growth rates of 84.2%.