A growing population and urban development in key cities across the country has put housing development at the forefront of government policy. But the 2013 housing crisis, which saw the collapse of three of the biggest homebuilders in Mexico, has led the government to change the focus of this policy. A rethink of subsidy allocation, coupled...
Fuelled by economic expansion in key sectors, the IT industry is becoming increasingly important for Mexico’s development. Although the segment has had to battle with an underdeveloped telecoms sector, which has translated into low penetration levels for internet and expensive consumer access for services, regulatory changes are bringing about...
Since the early days of NAFTA, the Mexican manufacturing sector has evolved extensively. While the country once positioned itself as a destination for basic cross-border assembly operations for electronics and textiles, it is now developing a highly specialised manufacturing market. In the fourth quarter of 2014, manufacturing represented 17.5...
The expansion of manufacturing is both benefitting the Mexican transport sector and placing it under increased pressure. Growth in sub-sectors such as automotive and aerospace industries is positively impacting transportation services through roads, railways, airports and the country’s network of both Pacific and Atlantic seaports, while at...
The post-North American Free Trade Agreement ( NAFTA) manufacturing boom has been particularly attractive for the Mexican automotive industry. According to Eduardo Solis Sánchez, president of the Mexican Automotive Industry Association, Mexico will see a fifth consecutive year of increased motor vehicle output. The auto industry now brings in...
A MXN169bn ($11.4bn) project to build an international airport in Mexico City is ready for take off, with the government expecting ground to be broken before the end of 2015. The airport is the most significant in a series of large-scale projects designed to tackle shortcomings in the country’s transport and logistics system, signalling the...
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