Increased Construction Materials Costs Affected Sector in 2022
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Increased Construction Materials Costs Affected Sector in 2022

Photo by:   Mikita Yo
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Karin Dilge By Karin Dilge | Journalist and Industry Analyst - Thu, 02/16/2023 - 10:00

Throughout 2022, the infrastructure industry struggled with increased construction material costs due to inflation and disruption in the supply chains of steel and other key inputs. Moreover, in states like Quintana Roo, Oaxaca and Mexico City, construction investment will continue to improve the city’s mobility.


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Inflation: Main Threat for the Construction Sector in 2022

As inflation rates in Mexico have increased to levels not seen in 20 years, industries are struggling with tightened budgets. The construction sector might have experienced one of the worst impacts since the material costs soared because of both inflation and a disruption in the supply chains of steel and other key inputs.

Ministry Expropriates Land for Interoceanic Corridor in Oaxaca

The Ministry of Agrarian, Territorial and Urban Development (SEDATU) announced it has expropriated land for the Interoceanic Corridor of the Isthmus of Tehuantepec in Oaxaca. According to the government, the land will be used for the construction and operation of the government’s coveted development hub.

ASF Reports Irregularities at Texcoco Airport’s Construction

The Federal Superior Auditor (ASF) reported a series of irregularities in the construction of the now-canceled New Mexico International Airport (NAIM) in Texcoco, whose contracts cost billions of pesos for undelivered and incomplete works. However, the authority has not yet started any legal processes regarding the matter.

Environmental Organization Fails to Stop Mayan Train Construction

The environmental organization Selvame del Tren announced that Yucatan’s First District Judge, Fernando Novelo granted a definitive construction suspension of Section 5 of the Mayan Train, but the government body in charge of the development said this information was inaccurate.

Mexico City Government to Invest MX$23 billion in 2023

The Mexico City government announced its Works Program for 2023, through which it aims to turn the Mexican capital into a sustainable city with integrated mobility. The city government highlighted that works of a social nature will be prioritized to improve the infrastructure related to education, culture and public transportation. 

SICT to Refurbish Highways in Oaxaca

The Ministry of Infrastructure, Communications and Transport (SICT) will refurbish the Barranca Larga-Ventanilla highway in San Vicente Coatlan, Oaxaca. SICT explained that members of the Commissariat of Communal Goods and the Surveillance Council of San Vicente Coatlan, Oaxaca told President Andrés Manuel López Obrador that the development of the highway is “an act of solidarity, congruence and dignity.” 

Quintana Roo to Undergo Infrastructure Improvements in 2023

The Ministry of Infrastructure, Communications and Transport (SICT) reports the successful advances of four major infrastructure projects in Quintana Roo, which represent a MX$7.2 billion (US$385 million) investment and are expected to be completed in 2023. The projects will generate over 10,000 direct jobs and more than 41,000 indirect jobs.

ISSSTE to Build Family Clinic in Baja California

The Institute of Social Security and Services for State Workers (ISSSTE) will build a clinic for family medicine and specialties in Los Cabos, Baja California Sur. The clinic, which is expected to open in 1Q24, will also have an operating room, 21 offices and 20 beds to provide healthcare to 40,000 beneficiaries.

Deputy Urges Government to Address Water Scarcity in the North

Rubén Muñoz, President of the Chamber of Deputies’ Commission for Water Resources, Drinking Water and Sanitation, said that northern Mexico is at risk of experiencing droughts in 2023 similar to those in 2022. He urged authorities to work together to avoid water shortages in Nuevo Leon and other northern states.

CEMEX, Volvo Launch World's First Electric Concrete Mixer Truck

CEMEX and Volvo Trucks announced the world’s first fully electric and zero-emission heavy concrete mixer truck at a joint event in Berlin, Germany. The Volvo FMX electric truck will operate at the Berlin Spandau ready-mix plant, starting this month.

Photo by:   Mikita Yo

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