Economy: Foreign Direct Investment
Foreign
Direct Investment
In Argentina is divided
nearly evenly between manufacturing (36%), natural resources (34%), and
services (30%).
The chemical and plastics
sector (10%) and the automotive sector (6%) lead foreign investment in local
manufacturing; oil and gas (22%) and mining (5%), in natural resources;
telecommunications (6%), finance (5%), and retail trade (4%), in services.
Spain was the leading source of foreign direct investment in Argentina, accounting for US$22 billion (28%) in 2009; the U.S. was the second leading source, with $13 billion (17%); and China grew to become the third-largest source of FDI by 2011.
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