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		<title>THEY EXPECT 6 TRILLION PESOS IN PRIVATE INVESTMENT FOR INFRASTRUCTURE</title>
		<link>https://t21.us/they-expect-6-trillion-pesos-in-private-investment-for-infrastructure/</link>
		
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		<pubDate>Fri, 22 Nov 2024 00:08:52 +0000</pubDate>
				<category><![CDATA[Economy]]></category>
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		<category><![CDATA[BUDGET 2025]]></category>
		<category><![CDATA[CMIC]]></category>
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		<category><![CDATA[Public Works]]></category>
		<category><![CDATA[SICT]]></category>
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					<description><![CDATA[<p>During the current six-year term, private investment in infrastructure could reach six billion pesos, although it will depend on economic stability and the rule of law , the Mexican Chamber of the Construction Industry (CMIC)announced . Luis Méndez, president of the organization, considered the participation of private initiative to be important for the construction of [&#8230;]</p>
<p>El cargo <a href="https://t21.us/they-expect-6-trillion-pesos-in-private-investment-for-infrastructure/">THEY EXPECT 6 TRILLION PESOS IN PRIVATE INVESTMENT FOR INFRASTRUCTURE</a> apareció primero en <a href="https://t21.us">T21</a>.</p>
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										<content:encoded><![CDATA[<p><img fetchpriority="high" decoding="async" class="alignnone size-full wp-image-633859" src="https://t21.com.mx/wp-content/uploads/2024/11/Sin-titulo-9.jpg" sizes="(max-width: 1170px) 100vw, 1170px" srcset="https://t21-com-mx.translate.goog/wp-content/uploads/2024/11/Sin-titulo-9.jpg?_x_tr_sl=es&amp;_x_tr_tl=en&amp;_x_tr_hl=es&amp;_x_tr_pto=wapp 1170w, https://t21-com-mx.translate.goog/wp-content/uploads/2024/11/Sin-titulo-9-300x179.jpg?_x_tr_sl=es&amp;_x_tr_tl=en&amp;_x_tr_hl=es&amp;_x_tr_pto=wapp 300w, https://t21-com-mx.translate.goog/wp-content/uploads/2024/11/Sin-titulo-9-1024x613.jpg?_x_tr_sl=es&amp;_x_tr_tl=en&amp;_x_tr_hl=es&amp;_x_tr_pto=wapp 1024w, https://t21-com-mx.translate.goog/wp-content/uploads/2024/11/Sin-titulo-9-768x459.jpg?_x_tr_sl=es&amp;_x_tr_tl=en&amp;_x_tr_hl=es&amp;_x_tr_pto=wapp 768w, https://t21-com-mx.translate.goog/wp-content/uploads/2024/11/Sin-titulo-9-600x359.jpg?_x_tr_sl=es&amp;_x_tr_tl=en&amp;_x_tr_hl=es&amp;_x_tr_pto=wapp 600w, https://t21-com-mx.translate.goog/wp-content/uploads/2024/11/Sin-titulo-9-150x90.jpg?_x_tr_sl=es&amp;_x_tr_tl=en&amp;_x_tr_hl=es&amp;_x_tr_pto=wapp 150w, https://t21-com-mx.translate.goog/wp-content/uploads/2024/11/Sin-titulo-9-750x449.jpg?_x_tr_sl=es&amp;_x_tr_tl=en&amp;_x_tr_hl=es&amp;_x_tr_pto=wapp 750w, https://t21-com-mx.translate.goog/wp-content/uploads/2024/11/Sin-titulo-9-1140x682.jpg?_x_tr_sl=es&amp;_x_tr_tl=en&amp;_x_tr_hl=es&amp;_x_tr_pto=wapp 1140w" alt="" width="1170" height="700" data-pin-no-hover="true" /></p>
<p><span>During the current six-year term, private investment in infrastructure could reach six billion pesos, although it will depend on </span><strong><span>economic stability and the rule of law , the </span></strong><a href="https://www.cmic.org/"><span>Mexican Chamber of the Construction Industry (CMIC)</span></a><span>announced .</span></p>
<p><span>Luis Méndez, president of the organization, considered the participation of private initiative to be important for the construction of certain works, even through </span><strong><span>joint ventures</span></strong><span> .</span></p>
<p><span>He pointed out that of the total of these resources, 65% would be for construction, 20% for private civil engineering works and 15% for specialized works.</span></p>
<blockquote><p><span>&#8220;We are estimating that we may be investing six billion pesos, one billion pesos per year, during this six-year period. It is important to say that of this billion, the percentage of this investment has a lot to do with civil works and construction,&#8221; he said at a press conference.</span></p></blockquote>
<p><span>He said that in recent years, the injection of resources for infrastructure </span><strong><span>fluctuates between 61% private and 39% public.</span></strong></p>
<p><span>He highlighted that the 2025 Budget Project of the government of Claudia Sheinbaum, President of Mexico, proposes a reduction of </span><strong><span>18.1% in infrastructure investment compared to the last year of the previous six-year term.</span></strong></p>
<blockquote><p><span>&#8220;When we see a reduction, we could say that things are going badly. Although there is a good message when the </span><a href="https://www.gob.mx/sct"><span>SICT (Secretariat of Infrastructure, Communications and Transport)</span></a><span> regains weight and important administration,&#8221; he said.</span></p></blockquote>
<p><span>He mentioned that the federal government </span><strong><span>allocated a Public Works expenditure of 542 thousand 328 million pesos</span></strong><span> , which represents a decrease of 10% with respect to the budget approved in 2024.</span></p>
<figure id="attachment_633860" class="wp-caption aligncenter" aria-describedby="caption-attachment-633860">
<p><figure id="attachment_633860" aria-describedby="caption-attachment-633860" style="width: 1315px" class="wp-caption aligncenter"><img decoding="async" class="wp-image-633860 size-full" src="https://t21.com.mx/wp-content/uploads/2024/11/paquete-1.png" alt="" width="1315" height="665" data-pin-no-hover="true" /><figcaption id="caption-attachment-633860" class="wp-caption-text">Source: CMIC</figcaption></figure></figure>
<p><span>He stressed that </span><a href="https://www.pemex.com/Paginas/default.aspx"><span>Petróleos Mexicanos (Pemex)</span></a><span> continues to have the largest budget allocated, while in the Ministries of </span><strong><span>Health, Energy and Environment &#8220;more investment must be made.&#8221;</span></strong></p>
<p><span>He mentioned that there are priority projects headed by SICT where only the priority projects have 140 billion pesos.</span></p>
<figure id="attachment_633862" class="wp-caption aligncenter" aria-describedby="caption-attachment-633862">
<p><figure id="attachment_633862" aria-describedby="caption-attachment-633862" style="width: 1401px" class="wp-caption aligncenter"><img decoding="async" class="wp-image-633862 size-full" src="https://t21.com.mx/wp-content/uploads/2024/11/Captura-de-pantalla-2024-11-20-210223.png" alt="" width="1401" height="610" data-pin-no-hover="true" /><figcaption id="caption-attachment-633862" class="wp-caption-text">Source: CMIC</figcaption></figure></figure>
<p><span>He said that spending for next year is based on social welfare with equity, strategic public investment, fiscal discipline with republican authority and simplification measures with greater operational efficiency.</span></p>
<p><span>However, Luis Méndez said that </span><strong><span>there is uncertainty about the economic issue</span></strong><span> , as well as the tax reform and the new United States government.</span></p>
<blockquote><p><span>&#8220;We believe that the uncertainty generated by the reform of the Judicial Branch should be such a reform, only the allocation should be taken care of, so that the most capable people are there. Where there is no certainty and the economic levels are not positive, investment would definitely not arrive,&#8221; he said.</span></p></blockquote>
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<p>El cargo <a href="https://t21.us/they-expect-6-trillion-pesos-in-private-investment-for-infrastructure/">THEY EXPECT 6 TRILLION PESOS IN PRIVATE INVESTMENT FOR INFRASTRUCTURE</a> apareció primero en <a href="https://t21.us">T21</a>.</p>
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