|
|
 |
|
Viewing report
|
|
|
|
Mexico Infrastructure Report Q4 2010
Business Monitor International, Oct 2010, Pages: 84
The Mexico Infrastructure Report provides industry professionals and strategists, corporate analysts, infrastructure associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Mexico's infrastructure industry.
The National Infrastructure Plan’s implementation continues to disappoint and the latest data from the national statistics agency show that the construction industry is not going to avoid a recession in 2010. With some tenders under way there is scope for activity to resume in 2011 and low base effects largely account for the strong growth in the coming years.
- The SCT launched the tender for the concession of the Riviera Maya airport after a delay of two years. It is the first greenfield public-private partnership (PPP) in Mexico's airport sector, but interest thus far has been low – understandable, given the volatile dynamics still underlying the sector.
- We highlight the opportunities in the water infrastructure segment, one of the most under invested in, in recent years. A plethora of new contracts for pipelines, water treatment plants and desalination plants will drive growth in the sector the main factor for our bullish outlook for the water infrastructure industry.
- Revised historical data series dating back to 2003 indicate a much more robust construction sector in terms of industry value than previously estimated. Mexico’s construction industry value in 2009 was MXN797bn (US$59bn), compared to the previous estimate of MXN556bn (US$41bn). Low base effects from 2010 will accentuate industry value growth in 2011, which will in turn moderate in 2012 onwards, in line with BMI’s forecasts of a deceleration in gross fixed capital formation real growth.
- We believe that the government will continue to push through projects in the pipeline and public works contracts spell opportunities for the infrastructure and construction builders in the country, particularly the majors Empresas ICA and IDEAL, which spearhead Mexico’s infrastructure development.
A BMI core view is being fully mirrored in Mexico that an increasing number of projects will be going after a limited pool of available capital. Mexico's government has expressed great hopes for infrastructure investments in 2010. However, much of these investments are predicated on getting private capital in the sector. Investor interest is reviving, but the available capital available is dwarfed by the government's ambitions.
Product samples
A sample for this product is available. Please Login/Register to download this sample.
Customers who bought this item also bought
Mexico Infrastructure Report Q1 2011
Mexico Infrastructure Report Q3 2010
Mexico Infrastructure Report Q1 2012
Mexico Infrastructure Report Q4 2011
Morocco Infrastructure Report 2012
Iraq Infrastructure Report Q2 2011
Qatar Infrastructure Report Q2 2011
Hong Kong Infrastructure Report Q2 2011
Romania Infrastructure Report Q1 2011
Philippines Infrastructure Report Q4 2010
|
|
|
|
