SANTIAGO de CHILE, 27 April 2010: Foreign direct investment flows in the Latin America fell sharply during 2009, but recovery is expected for this year. The causes and magnitude of this upturn are analyzed in the ECLAC report, Foreign Direct Investment in Latin America and the Caribbean 2009, to be released on Tuesday, May 4.
Alicia Bárcena, Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), will present the report at a press conference in Commission headquarters in Santiago, Chile.
The twelfth number of the report provides a regional overview of foreign direct investment (FDI), strongly impacted by the global economic crisis, and includes case studies on the automobile industry and the iron and steel sector, both with a strong presence of multinational companies, including those from Latin America (trans-latins).
The report includes, among other things:
– Foreign direct investment flows during 2009 in every country of Latin America and the Caribbean.
-Projections of foreign investment in 2010.
-Investment flows of multinational companies from the region (trans-latins) over the past five years.
–An analysis of public and corporate investments and strategies in the iron and steel sector and the automobile industry in the region.