Mexico Infrastructure Report Q4 2013 - New Market Study Published
Mexico's construction sector started 2013 on a weak footing as President Nieto's transition to power caused a period of low activity. This was coupled with a financial crisis amongst the homebuilders, which saw construction activity in the segment crash. As a result, we have downgraded our 2013 outlook for growth to just 1.7%. However, our medium term outlook for growth in the sector remains firmly in place, supported by the announcement of the US$315bn National Infrastructure Plan. Between 2013 and...
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