What do you make of the 2013-18 national infrastructure plan? Can it be carried out efficiently?
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Interviews & Viewpoints | OBG talks to Alonso Quintana Kawage, CEO, Empresas ICA from The Report: Mexico 2014
Articles & Analysis | A new focus: Despite housing challenges, the market has been strengthened by liquidity from investment trusts from The Report: Mexico 2014
Reeling from a crisis that left some of the country’s largest home builders in bad shape, the real estate sector is finding ways to grow in other segments. Investment coming through new property trusts is pushing the sector to rally around more profitable markets. The increase in the number of international firms has led to the development of...
Articles & Analysis | Building for growth: Infrastructure development will help alleviate switch in homes policy from The Report: Mexico 2014
Despite Mexico’s dynamism and the size of its economy, the country’s construction industry had a difficult year in 2013. After growing 4% in 2011 and 1.9% in 2012, the accumulated losses for the sector during the first nine months of 2013 amounted to a 4.5% reduction in construction activity. An acceleration of government spending before the...
Articles & Analysis | Home away from home: Constitutional amendment will ease foreign ownership in coastal areas from The Report: Mexico 2014
The real estate sector is expecting a wave of investment from overseas with the lifting of a law restricting foreign ownership of land within 50 km of the sea. A change in article 27 of the Mexican Constitution is set to ease ownership rules and attract an inflow of foreign buyers. The measure should provide encouragement for the vacation-home...
Articles & Analysis | Modernisation drive: New PPP law is likely to attract private investment in infrastructure from The Report: Mexico 2014
Accompanying reforms in sectors such as energy and telecommunications, the government is rolling out an ambitious infrastructure development effort to support economic growth over the coming decades. President Enrique Peña Nieto announced in mid-2013 plans to channel MXN1.32trn ($102.56bn) to improve roads, airports, railroads and...
Chapter | Construction & Real Estate from The Report: Mexico 2014
Mexico’s construction industry had a difficult year in 2013. After growing 4% in 2011 and 1.9% in 2012, the accumulated losses for the sector during the first nine months of 2013 amounted to a 4.5% reduction in construction activity. An acceleration of government spending before the end of the year allowed the sector to finish with a more modest reduction of 2% in construction activity, with...