Mexico’s Ministry of Economy has released findings corresponding to Q2 foreign direct investment (FDI).

Yucatan came in first place with the highest growth in the entire country, a 1,1331.7% increase between April and June.

The rise in FDI in Yucatan represents $283.8 million, the highest figure during the current administration and the second highest since records started back in 1999. The national value stood at 21.7%, the Yucatan Times reports.

The sub-sectors registering the highest investment were manufacturing, temporary accommodation, food and drink, and trade, according to the Economy Secretariat’s report.

In addition, in the second quarter of the year, the United States, Argentina and France sent the largest flow of foreign direct investment into Mexico.

As it stands, Yucatan has a portfolio of over 200 investment projects surpassing 100 billion pesos by international and global businesses. These projects, by firms including Amazon, Accenture, Fincantieri and Tesla, are set to be developed within the next few years, and will generate thousands of jobs, both directly and indirectly.

Furthermore, over the past week, the Governor of Yucatan unveiled a number of investments by eight businesses, producing an economic benefit within the state of 2.8 billion pesos. More than 3,200 new jobs will be created in the Peto, Espita, Tetiz, Umán, Ticul, Mocochá and Mérida municipalities.

Thanks to these investments, up to now the current administration has attracted more than 110 billion pesos stemming from over 245 private investment projects. Within the next few years, these projects are forecast to generate direct and indirect employment in the state, with the creation of thousands of jobs.