Sustainability to Become the Core of the Construction Sector

Q: How did Constructora Insur navigate the past four years, and what challenges and opportunities is it experiencing?

A: The pandemic presented formidable challenges, compelling us to suspend construction activities. Many companies were forced to cease operations entirely, leaving us with numerous projects in various stages of completion. To mitigate these challenges, we strategically pivoted toward essential industries that were permitted to continue operations. This realignment allowed us to sustain a degree of activity throughout the pandemic. 

2024 has been noteworthy due to significant political developments. Presidential transitions have historically introduced a degree of uncertainty, often resulting in a temporary deceleration of investment activity. Our firm specializes in private industrial construction, so it is especially reliant on foreign investment, which tends to pause as investors seek clarity on political landscapes. The simultaneous elections in Mexico and the United States have further contributed to this cautious investment climate. The year has seen more activity than 2022 and 2023, so we anticipate a modest rebound in October or November. Our outlook for 2025 will be significantly influenced by the policies and strategic direction of the incoming administration.

Q: How has your company adapted to emerging trends like nearshoring?

A: Nearshoring is leading to increased investments in real estate and the development of industrial parks. This trend presents a significant opportunity for us, as it will allow us to capitalize on the growing demand for infrastructure that supports these investments.

However, challenges related to infrastructure persist. Issues with roads, access, utilities, and energy have led to declining rental rates and development setbacks. Despite these obstacles, states such as San Luis Potosi, Aguascalientes, and Zacatecas present opportunities due to their developing infrastructure and lower competition.

Q: What challenges has Constructora Insur faced amid changing market dynamics?

A: Competing in this landscape is complex. There are many established companies with a long history and strong market positions. To compete effectively, we focus on developing innovative projects that align with market trends and integrate new technologies. Our strategy involves adapting to market demands and offering competitive proposals.

We are observing that regions like Chihuahua and Monterrey present immense opportunities. San Luis Potosi, Aguascalientes, and Zacatecas also present opportunities, particularly as they increasingly connect with the northern market. These areas hold significant potential for us, given the lower competition and the gradual establishment of infrastructure. We believe these regions are worth exploring.

Q: How have regulatory changes, particularly those related to sustainability, impacted the company’s operations?

A: Some regulatory changes, such as those centered on sustainability, have impacted our operations. We are now required to comply with stricter environmental standards, including reductions in carbon emissions and increased use of renewable energy. While these regulations have necessitated adjustments, they have not significantly hindered our ability to operate. Our adaptability to local regulations and certifications, such as LEED, has been crucial to our continued success.

Q: What trends are influencing the construction industry, and which is Constructora Insur prioritizing?

A: The logistics and delivery sectors are seeing strong demand. The food and beverage market also remains robust, consistently presenting opportunities. The automotive sector is also experiencing significant growth as new brands keep entering Mexico. Conversely, we have observed a slowdown in the aerospace sector following a phase of rapid development. While a solid foundation has been established, continued growth will necessitate attracting new manufacturing or assembly plants. 

Another trend is the adoption of new software, artificial intelligence and digital tools, such as building Information modeling (BIM) tools, which facilitate the creation of precise digital models of buildings. This trend also offers automated estimation tools and real-time project tracking. Embracing these technologies is essential for maintaining a competitive edge in the industry.

Q: What does the future look like for the construction sector, and what key objectives has the company set for 2025?

A: The construction sector is increasingly focusing on sustainability. Sustainable construction goes beyond installing solar panels and using wind energy; it requires a comprehensive approach to material reuse, reduce environmental impact and compensation. 

We are focusing on enhancing profitability and expanding our presence, particularly in the northern market. Our objective is to establish ourselves as a recognized leader in this competitive region. We aim to strengthen our position among local contractors and obtain essential certifications, which will be a significant milestone for us. In 2025, we plan to increase the profitability achieved in 2024 and establish a fully operational, autonomous office in Monterrey by the 2025.

Constructora Insur is a Construction Company that specializes in industrial plants, warehouses, and commercial buildings.