The attraction of new investments yields greater certainty for economic growth, facilitating job creation, market access, and local infrastructure strengthening. In light of this, Maribel Collins, head of the Ministry of Tourism and Economy, announced that Baja California Sur has emerged as a leader in attracting new investments. The state secured a staggering $783.3 million, representing 95.6% of the Total Foreign Direct Investment (FDI) in the state from January to September 2024.
“These results reflect the confidence that both national and international investors have in our state, underscoring its potential as one of the country’s premier tourist destinations,” Collins noted. “Investments in lodging services not only bolster infrastructure but also enhance employment and regional economic development.”
Collins specified that the majority of these investments originated from the United States (83.9%), followed by Canada (8.8%) and Spain (4.4%), reinforcing Baja California Sur’s status as a world-class location. During the third quarter of 2024, the state captured $216.5 million, accounting for 51.6% of the national total in tourism investment.
In conclusion, she highlighted the ongoing commitment to promoting the state as an attractive and competitive destination and the efforts being made to ensure that the positive impacts of these investments benefit everyone.
