Foreign investment drops

[NewsWhore]

The Economic Commission of Latin America (ECLAC) says that direct foreign investment in the Dominican Republic in 2010 has declined by 25% compared to 2009. The Central Bank reports that foreign investment totaled US$6,625.8 million, equivalent to US$539.6 million less than the US$2,165.4 million reported for 2009. The DR continues to receive the highest level of foreign investment in the Caribbean, with 41% of the total in the region, as reported in Diario Libre. Mexico was the leading investor in the DR with US$369.2 million, followed by Canada with US$329.2 million, the United States with US$306.8 million, Spain with US$299.3 million, Venezuela with US$140.4 million and the Netherlands with US$62. 1 million.

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