Shaking hands
News Article
Mexico has enjoyed a commercial advantage with the US. The US elections now bring new possibilities and changes to both countries.
Iram González
Iram González
Director General

I think the second half of 2017 and the first half of 2018 will see some increase in federal budgets for infrastructure projects. Conversely, the second half of 2018 and the first of 2019 will be troublesome. During this period, the current president will leave office and the next one will enter. Projects that are already under construction will be given guarantees of continuity but new projects will be scarce. Anticipating that, O-tek is focusing on client diversification by increasing its participation in the private market, in industrial parks and real estate developments. However, because of the line of business in which O-tek thrives, this will only help us get by. O-tek is interested in selling pipes by the kilometer rather than by the meter.

The 2018 presidential elections are fast approaching. The current administration has prioritized the development of vital projects for Mexico.
Duncan Wood
View from the Top
Duncan Wood
Director of the International Relations Programme
Does it mean that Pemex is so important that we need to make sure that it works, which means the possibility of further liberalization of the sector?
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