ECLAC Will Release Updated Data on Foreign Direct Investment in Latin America and the Caribbean

The Economic Commission for Latin America and the Caribbean (ECLAC) will launch on Monday, July 10, at 11 a.m. local time in Chile (UTC/GMT-4) the annual report entitled Foreign Direct Investment in Latin America and the Caribbean 2023, which provides an overview of the global and regional evolution of FDI and makes recommendations so that these flows can contribute to Latin American and Caribbean countries’ productive development processes.

The document’s main conclusions will be unveiled by José Manuel Salazar-Xirinachs, ECLAC’s Executive Secretary, at a hybrid (in-person and virtual) press conference held in Santiago, Chile.

The publication’s first chapter details the amounts of Foreign Direct Investment (FDI) received by each country and subregion in 2022, and analyzes the main trends. It also addresses the behavior of Latin American transnational companies, known as translatinas.

The second chapter examines the role of FDI in non-renewable energy and Latin America and the Caribbean’s position in a context of concerted efforts at an international level to swiftly mitigate climate change and discourage investment in the hydrocarbons sector.

Finally, the third chapter of this report analyzes Foreign Direct Investment in renewable energy and suggests strategies for fueling an energy transition in the region.

Journalists are invited to visit ECLAC’s headquarters in Santiago, Chile to participate in the press conference on site.

Those interested in following the report launch virtually can register at the following Zoom platform link: https://cepal-org.zoom.us/webinar/register/WN_lLr3nsBAQxq-hxVWdLdSaA

After registering, they will receive an automated reply with instructions for joining the event as of 11 a.m. local time. Accredited journalists will be able to send their questions in writing via the Zoom chat as the event takes place. They can also submit them ahead of time to the email address conferenciaprensa@cepal.org, and ECLAC’s Executive Secretary will respond to the queries once he has finished presenting the document. Questions will only be taken until 11:30 a.m. local time.

The press conference will also be transmitted live via the Commission’s website www.cepal.org, at https://live.cepal.org/ and on its institutional accounts on Twitter (https://twitter.com/cepal_onu) and Facebook (https://www.facebook.com/cepal.onu).

The full electronic version of this new annual report by ECLAC, along with a press release and the Executive Secretary’s presentation, will be made available on ECLAC’s website as soon as the press conference has concluded.

What: Launch of ECLAC’s flagship annual report, Foreign Direct Investment in Latin America and the Caribbean 2023.

Who: José Manuel Salazar-Xirinachs, ECLAC’s Executive Secretary.

When: Monday, July 10, 2023, 11:00 a.m. local time in Chile (UTC/GMT-04:00).

Where: ECLAC’s main headquarters in Santiago, Chile (Av. Dag Hammarsköld 3477, Vitacura). Celso Furtado conference room.

Virtual connection via the Zoom platform (prior registration required): https://cepal-org.zoom.us/webinar/register/WN_lLr3nsBAQxq-hxVWdLdSaA

Also via ECLAC’s website, at http://live.cepal.org/ and on the Commission’s institutional accounts on Twitter and Facebook.