Pension funds in Mexico are snubbing international investments this year as they invest all of their fund inflows into the local market to boost the country's economy.

According to Asociación Mexicana de Administradoras de Fondos, an organisation that represents all Mexican super funds, the global financial crisis has had a profound impact on the local economy - causing the production, employment and local investment rates to fall.

The association said it is looking to invest its funds locally to stimulate job and economic growth.

Some of the areas the funds will focus on include strategic infrastructure projects and local financial securities.

Local property, including real estate and housing, will also be on the cards.

The association said it's one of its main objectives this year is to continue looking after the profitability of its employee savings, and that investing in these strategic sectors will help with job creation and boost housing projects for states and municipalities in Mexico.