Latin America continues to be a highly attractive investment
destination for Spanish companies, with Peru, Colombia and Mexico
forecast to be key investment markets in 2015.
Spanish investment in the region was high in 2014 with a total
of €143 billion invested in Latin America, which represents
43% of total Spanish investment abroad. According to the eighth
edition of the Panorama report on Spanish investment in Latin
America, the main destinations for Spanish investment were Mexico,
Brazil, Colombia, Chile and Peru.
Future investment from Spanish companies in Latin America
remains strong. This is despite the recent economic slowdown in the
region caused by a fall in oil prices and other commodities, as
well as a change in exchange rates. 74% of Spanish firms polled for
the Panorama study stated they plan to increase their investment in
Latin America, 6% plan to reduce their investment and 20% said
their investment levels would remain the same. Among small and
medium enterprises, 80% intend to increase their investment in
However, in the same study conducted three years ago, 95% of
Spanish companies surveyed planned to increase their turnover in
Latin America within three years; that figure has now dropped to
74%. Growing interest from Spanish companies to invest in other
destinations such as the US, Asia or Africa has detracted somewhat
from future investment in Latin America.
Managing Director of Vistra Spain, Oscar Garcia, says:
'Following a decade of sustained growth, with greater
currency and inflation stability, Latin America is a land of opportunity for Spanish
companies. The region is attractive due to its demographics,
economic growth and consumerism. Currently, the key investment
sectors are infrastructure, banking and IT. However, analysts
maintain that Spanish businesses should be open to investing in
other sectors which report growing sales and fast
*Over 60 large and mid-sized Spanish companies listed on
Madrid's stock exchange and/or with significant investment in
Latin America were surveyed for the eighth edition of the Panorama
report on Spanish investment in Latin America 2015.
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