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Mexican construction industry growth relies heavily on National Infrastructure Plan
August 24, 2011
By wmi
The growth of the Mexican construction industry to 2014 will rely heavily on the government's National Infrastructure Plan announced by the government.
With the help of investments under the National Infrastructure Plan (NIP), infrastructure construction segment is projected to achieve the highest CAGR of 8.18% to 2015. Other segments are projected to achieve CAGRs in the range of 4.90%-6.50%. Growth in all these markets would result in overall construction industry growth in Mexico of 6.45%.
With the NIP continuing till 2012 and the Mexican government allocating funds and awarding contracts for road, rail, telecommunication, and the energy sector, the infrastructure construction market is projected to expand its share in the construction industry to 40.7% by 2015, which represents an increase of 8.5 percentage points between 2006 and 2015.
All these and many more facts and figures in addition to an in-depth analysis can be found in the report The Future of Construction in Mexico to 2015: National Infrastructure Plan Bails out Construction published by World Market Intelligence (WMI).
To access the complete report, please visit our premium subscription Construction Intelligence Center product www.worldmarketintelligence.com/ic/construction
Posted by wmi on August 24, 2011 12:59 PM
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