Although Mexico is experiencing a significant increase in construction investment, experts say there are no conditions to maintain the dynamic. A German-funded initiative aims to recover and restore Naucalpan’s industrial zone and set a precedent for a greener industry. In addition, the investments made by companies like Amazon, Mercado Libre and Netflix boosted real estate investments in Mexico City’s Vallejo district.
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Productive investment in the construction sector grew in March 2022, surpassing the levels of the month before. The increase is driven by a growing number of construction projects, especially key federal infrastructure projects, as well as a general economic reactivation. Although this is a positive indicator, experts say there is still an investment lag in comparison with previous years.
According to the UN, cities are responsible for 70 percent of the greenhouse gas emissions, but at the same time a great source of ideas and solutions to the problem. Within this context, the World Resources Institute (WRI) has chosen the State of Mexico municipality Naucalpan to host a pilot project, with the aim of reclaiming its industrial zone and implementing a new model for urban development to mitigate climate change’s adverse effects.
Mexico City Mayor Claudia Sheinbaum announced the expansion of the Industrial Zone of Vallejo. New companies, especially those focused on manufacturing, are moving their operations there, as are maintenance providers to key Mexico City infrastructure projects.
The Ministry of Infrastructure, Communications and Transportation (SICT) promoted 15 railway projects under its National Railway Program 2022, requiring a public-private investment of over US$33 billion. Among the main projects are the Mexico-Toluca Interurban Train and the Suburban Train’s extension to Felipe Angeles International Airport (AIFA).
Mexico City’s Mayor, Claudia Sheinbaum, reported that between 2019 and 2022, over US$4 million were invested in mobility projects, including for Metrobus, Trolleybus, Light Rail, Cableway and cycling infrastructure. She also announced that this week, the government will start the acquisition of six trains for the Light Rail Line that goes from Tasqueña to Xochimilco.
Mexico held the "National Forum: Food Security and Climate Change" to explore how climate change can influence the consolidation of sustainable agri-food production systems. A factor that is becoming increasingly relevant is the larger role consumers play in climate change as they remain unaware of the impact that accelerated global warming can have on their living conditions.