Mexican investment grows

[NewsWhore]

Mexican investment in the DR represented 39% of all investment in the country between 2000 and 2008, reaching a total value of US$4.5 billion. Center for Exports and Investment (CEI-RD) director Eddy Martinez says that total Mexican investment in the DR was worth US$11.5 billion. According to Martinez, Mexican businesses in the DR have created 23,000 jobs in diverse sectors such as free trade zones, food production, services and tourism. Martinez also said that Dominican exports to Mexico totaled US$137.3 million. The larger Mexican investments are the cement factory Cemex, Yoplait-Sigma factory, Telmex-America Movil investment in Claro Codetel, Moon Palace Resort in the Punta Cana area, among others.

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