The market for cement and concrete in Mexico

An Outlook

The construction market in Mexico is currently in rather complicated cyclical cross roads. Faced with declining revenues from oil sales, not all the 750 planned infrastructure projects will be built, since the amount allocated to this sector has decreased by 20%. On the other hand, the federal government sought with difficulty other forms of financing for private enterprises to participate with up to 70% of the capital compared with the 42% that was planned in the original plan. According to an analysis by the Center for the Study of Public Finance of the House of Representatives, some of the projects that will be completed by the end of the year, 29 are related to Petroleos Mexicanos (Pemex), which represent 81% of the resources for investment projects.

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