Construction Industry Could Grow By 6 Percent in 2022
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Construction Industry Could Grow By 6 Percent in 2022

Photo by:   Danist Soh
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Paloma Duran By Paloma Duran | Journalist and Industry Analyst - Wed, 03/30/2022 - 16:35

Francisco Solares, President, Mexican Chamber of the Construction Industry, announced that the industry could grow by 6 percent in 2022. Solares said this growth could also increase the confidence of private investors, since most projects are expected to be carried out using their funding. In addition, he stressed that the government works developed by the military must be reviewed by the Superior Audit Office of the Federation (ASF) to provide greater confidence to the public.

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SICT Interested in Developing USMCA Corridor

The Ministry of Infrastructure, Communications and Transportation (SICT) voiced its interest in building a USMCA Corridor, which seeks to connect the country's Pacific coast with Texas through a logistics hub, part of a wider rail line that would go up to Winnipeg, Canada. In 2022, SICT is expected to spend more than MX$600 million (US$30.10 million) on permits, studies and fees for the project.

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AIFA Celebrates Inauguration but Key Works Remain Unfinished

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Activists Stop Mayan Train Construction

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Photo by:   Danist Soh

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