How Mexico is teasing out a rise in construction investment

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Uncharted Mexico: Building bridges with the private sector

Private investment in construction has not done well under Morena governments, in power since 2018.

Source: INEGI

The big spike in the graph comes from substantial end of term investment by Andrés Manuel López Obrador in the lead up to the 2024 elections. Once public investment was gone, construction collapsed once again.

This year has seen marginally better news with a noticeable rebound that has stopped the investment hemorrhage. The only issue is it has been driven by public spending once again but by a government that has made it clear that it wants the private sector to pick up the slack.

This is where a recently announced “infrastructure bill” sent to Congress comes into play. It aims to make the big infrastructure stimulus plan announced by the government last month a reality.