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Foreign direct investment reduces by 15% in Ecuador, according to ECLAC
Posted On 16 Oct 2015
Foreign Direct Investment (FDI) in 16 countries in Latin America and the Caribbean fell 21% in the first half of 2015 over the previous year, due to lower investments in mining and hydrocarbons, mainly in Brazil, reported the Economic Commission for Latin America and the Caribbean (ECLAC) on Thursday.
Inflows of foreign direct investment totaled 88.717 million dollars, the organization said in a statement. Almost 18 million less than that recorded in the same period of 2014.
After the flows of foreign direct investment in Latin America and the Caribbean fell by 16% in 2014, the downward trend continued during the first half of the year.
