The College of Civil Engineers of Mexico (CICM) believes there are certain questions about the schemes that will be needed for the injection of resources from the National Infrastructure Plan for Development with Well-being 2026-2030 , which seeks to mobilize an investment of 5.6 trillion pesos to boost the country’s economic growth.
Ricardo Erazo, coordinator of the CICM Financing Committee, said that the investment announcement is close to what is required in infrastructure works and what this organization has mentioned previously, which is 5% of the Gross Domestic Product (GDP), however, “there are questions about how it will be implemented.”
He emphasized the case in mechanisms such as mixed investment under the Construction, Maintenance, Rehabilitation and Operation (CMRO) model , where the Mexican government has the largest percentage.
“That part generates very good expectations from the perspective that the college has, but some details about the new investment vehicles are missing, as well as the new role of the development bank to materialize the plan,” he stressed.
It is worth remembering that Édgar Amador Zamora, head of the Ministry of Finance and Public Credit (SHCP) , detailed in the presentation of the Infrastructure Investment Plan for Development with Well-being 2026-2030 , on February 3, that its execution will be through four pillars, among which stand out new investment vehicles , that is, schemes specialized in the matter, to add to transparency and cost efficiency, in addition to harmonizing the legal framework and incorporating the mixed contract model.
Ricardo Erazo commented that there are also concerns about risk prevention for private enterprise in a mixed society.
During a meeting with the CICM, Rogelio Rivero Márquez, head of the Development Banking Unit of the SHCP, recalled that for this year, within the Federal Expenditure Budget (PEF), there is an investment for infrastructure of 2.5% of GDP, as well as an additional 1.9% of GDP, which represents 722 billion pesos (mdp).
“We must find new schemes that will allow us to unleash investment. There are 1,500 projects to finance, with an associated public-mixed investment of 5.6 trillion pesos,” he said.
He explained that mixed investment allows for the protection of public finances , that the project has its own leverage, although it is also necessary that they have a fiscal component for their start.
For his part, Fernando Gutiérrez, the incoming coordinator of the CICM’s Infrastructure Policy Council, added that a plan of this magnitude represents a considerable challenge, making it essential to establish joint working groups to address various issues, such as which projects should be undertaken and how they will be financed.
He indicated that the working groups should be made up of government, private sector and specialists in the field, “this will allow for optimal use of available resources, ensure that every peso has a real economic and social impact, and guarantee that the evaluation of infrastructure plans is incorporated in a balanced way, with technical, financial and public policy criteria.”
However, Ricardo Erazo considered the plan positive and the CICM will support this type of action.
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