The Economic Commission for Latin America and the Caribbean, ECLAC, called on countries in the region to improve their policy design to take advantage of the contribution that foreign direct investments, or FDI, can make to the energy transition and to the region’s sustainable productive development.

Last year, Latin America and the Caribbean recorded US$224.58 billion in FDI, which the regional UN body said was 55 per cent higher than the levels recorded in 2021 and marked the highest value on record.

https://jamaica-gleaner.com/article/business/20230712/lac-foreign-investments-hit-historic-high