The Latin America and Caribbean Commission (CEPAL) just released its report on direct investments in LATAM and the Caribbean. The area registered a new historical foreign direct investment record in spite of the global economic crisis with 139 billion USD investment in 2008. A 9.4% more than the previous year.
Brazil, Chile and Argentina captured most of the money flow while areas under the US influence saw foreign investment drops.
The report analyses the impact of the crisis and how this area has shown significant resistance to the bad economic factors, investments coming from foreign company third parties and those directed to large hotel developments at the seaside.
To read the full report, click here.