Foreign investment in Baja California, mainly of American origin, increased 90% during the past year compared to 2023, according to information from the Ministry of Economy.
According to information from the State Ministry of Economy and Innovation (SEI), Baja California received 2.8 billion dollars in Foreign Direct Investment (FDI) in 2024, while a year earlier it was 1.472 billion.
However, this year, there has been a contraction in the injection of capital, reported the head of the State Ministry of Economy, Kurt Honold Morales.
Regarding the foreign investment that was received in the state, he explained that 70% comes from the United States, so the tax decisions would be “shooting themselves in the foot” in economic and commercial matters.