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Infrastructure Sector Business Opportunities in Mexico
Mexico’s USD 1.1 trillion economy makes it the second largest economy in Latin America and the 15th largest economy in the world—and making its infrastructure plans an important consideration for any U.S. engineering or construction supply firm.This webinar will update you on important new developments that could offer business opportunities for you. On November 26, President Lopez Obrador along with private sector representatives announced the first package of an ambitious USD 424 billion infrastructure plan, much of which would be spearheaded by the private sector.The first package identifies 147 projects, out of an estimated 1,600, totaling USD 43 billion. Of the 147 projects, 72 will begin in 2020. The overall plan covers the transportation, telecommunications, water and sanitation, energy, tourism and social welfare sectors and incorporates Mexican President Andres Manuel Lopez Obrador’s priority infrastructure projects like the Mayan Train and the Isthmus of Tehuantepec development projects.This new plan moves forward alongside President Lopez Obrador’s December 2018 Construction and Modernization Program (CMP) 2018-2024. This earlier plan covers a range of sectors and seeks to increase infrastructure investment from 2.5% to 4.5% of GDP by 2022.President Lopez Obrador has directed key infrastructure projects to continue even during the national shutdown for the healthcare crisis. Learn about upcoming business opportunities in the sector, understand the latest developments in the regulatory environment, and learn about tools and resources to support your company’s market entry to Mexico directly from the experts!Major infrastructure projects identified:• Expanding cargo and port capacity, the Trans-Isthmus Corridor will connect the Pacific Port of Salina Cruz to the Mexican Gulf port in Coatzacoalcos. The potential short-term investment is USD 2.1 billion or more.• The Maya Train seeks to link five states in Southern Mexico and the Yucatan Peninsula with a potential investment of USD 10.6 billion.• Energy self-sufficiency, focused on the construction of two new refineries located in Dos Bocas (Tabasco) and Atasta (Campeche) has a potential investment of USD 6.1 billion plus USD 2 billion to upgrade six existing refineries.• Railway network expansions include a Sinaloa-Durango line (plus port near Mazatlan) and a 250-kilometer double-track passenger / cargo line linking Mexico City and Queretaro. This latter project alone may total USD 2.4 billion.• Port expansions include billions of dollars for several public and private projects, from Veracruz and Coatzacoalcos (Veracruz), Progreso (Yucatan), and Soto la Marina (Tamaulipas) on the Gulf, to Pacific Coast projects in Dimas (Sinaloa), Salina Cruz (Oaxaca), and Puerto Chiapas (Chiapas).• Airport projects include construction and supply opportunities at the current Mexico City International Airport, Toluca International Airport, and the new Felipe Angeles International Airport under construction north of Mexico City.Infrastructure Sector Business Opport...Date and Time
Tuesday Apr 28, 2020
1:00 PM - 2:00 PM EDTLocation
Webinar by U.S. Commercial Service
Fees/Admission
Complimentary
Registration Required, Here.Contact Information
Bryan Goldfinger
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