Switzerland, the country that injected the most investment into Ecuador until March 2024 – 2024-07-26 17:03:38

by times news cr

2024-07-26 17:03:38

Foreign direct investment reached USD 78.3 million in the first quarter of 2024. The largest amount came from Switzerland, followed by Peru and Sweden.

Foreign direct investment shows a recovery in the first quarter of 2024, with an amount of USD 78.3 million, more than double that of the same period of the previous year, according to the Central Bank.

However, this is still much lower than the investment amounts achieved in the first three months of 2019, 2020 and 2021, when the value exceeded USD 200 million.

By country of origin, the largest investment amount, USD 21.8 million, came from Switzerland. This is a considerable increase compared to the first period of 2024, when investment from that country was USD 1.9 million.

Peru is next with USD 21.2 million. Sweden is third with USD 20.2 million. And China is fourth with USD 11.1 million.

Investment by activity

By economic activity, transportation, storage and telecommunications accounted for the largest amount of foreign investment with USD 23.81 million.

Mining is next, with USD 22.4 million, and manufacturing is in third place, with USD 22.4 million.

By: PRIMICIAS

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