Construction sector in Mexico

An Expert's View about Building Products and Construction in Mexico

Posted on: 21 Nov 2011

Under President Felipe Calderón’s National Infrastructure Programme, the government plans to spend between 2007 and 2012 $226 billion USD on infrastructure of which, $26 billion will be devoted to highways and an additional $200-250 billion USD to housing

Construction sector in Mexico Mexico has the second largest economy in Latin America and is expected to become the seventh largest economy in the world by 2050. Construction is an important sector in the Mexican market, representing 6.8% of the country?s GDP. Market overview Under President Felipe Calder?n?s National Infrastructure Programme, the government plans to spend between 2007 and 2012 $226 billion USD on infrastructure of which, $26 billion will be devoted to highways and an additional $200-250 billion USD to housing Key opportunities Opportunity areas that have been identified include: Housing With a growing population, there is currently a shortfall of about 4 million homes in Mexico. Much of the demand is for low income housing with proper physical, social and commercial infrastructure, which calls for qualified and experienced urban, regional and transportation planners. There are projects for the development of 20 new satellite cities to house communities of between 500,000 and one million. Among these are the developments of Valle de las Palmas in Tijuana (165,000 units for 800,000 people) and Zumpango, located north of Mexico City (100,000 units for 500,000 people). Sustainable construction has also acquired increasing importance in Mexico over the past few years. The National Housing Commission has placed sustainability as a fundamental issue in its agenda. The objective, by 2012, is for all new housing to include water and energy-saving devices. Tourism President Calder?n declared 2011 Mexico?s ?Year of Tourism?. With the objective of placing Mexico among the top 5 tourist destinations in the world within the next five years, plans have been announced to build new resorts and expand existing ones. Highways An estimated $26 billion USD is expected to be allocated towards building or improving 17,598 kilometres of highways and rural roads. Another objective is to increase the percentage of the Federal highways network that is in good condition from 72% to 90%. Projects that will soon be launched for tender and are worth a $1,347 Million USD investment include: Project PPP model Tender Kms. Atizap?n-Atlacomulco Concession First half of 2012 80 Cabo San Lucas ? San Jos? del Cabo FONADIN First half of 2012 44 Jala-Las Varas FONADIN First half of 2012 96 Campeche package Asset Utilisation First half of 2012 36 Quer?taro package Asset Utilisation First half of 2012 80 With a wide range of projects, the construction sector in Mexico offers numerious opportunities to UK companies and specialists, particularly consultants, project managers, urban planners, civil engineers, architects and suppliers of resource-saving/green technology. Latest export opportunities ? Construction Latest export opportunities - Mexico Getting into the market We encourage British companies to approach well in advance the local authorities that are in charge of projects, since very frequently the time between a tender?s launch and the required proposal submission date is extremely short. Approaching them beforehand is desirable to have an insight of what they need and ask for. It is important to build relationships in the market, so that key local players and decision makers will be aware of your expertise and keep you in mind when forming bidding consortia. In many instances, UK companies choose to partner with local counterparts, benefiting from their business know-how. More about doing business in Mexico Contacts Market intelligence is critical when doing business overseas, and UKTI can provide bespoke market research and support during overseas visits though our chargeable Overseas Market Introduction Service (OMIS). To commission research or for general advice about the market, get in touch with our specialists in country - or contact your local international trade team. ? Miguel Angel Medina British Embassy Mexico. +52 (55) 1670 3280 ? Diana Leon British Embassy Mexico. +52 (55)1670 3302 Contact your local international trade team Major Events Expo SAIE (International Construction Salon) February 22-25, 2012 World Trade Centre, Mexico City Expo CIHAC October 2012 Venue: TBC UKTI Events UKTI runs a range of events for exporters, including seminars in the UK, trade missions to overseas markets and support for attendance at overseas trade shows. Latest events ? Construction Latest events ? Mexico Useful links More about OMIS and other UKTI services for exporters
Posted: 21 November 2011

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