From the self-proclaimed Fourth Transformation government won the July 2018 elections to the end of June 2022, four years later, the construction sector registers a real drop of 25.9 percentaccording to data from National Institute of Statistics and Geography (Inegi).
The autonomous institution’s figures show that at the end of the sixth month of 2022, the real value, i.e. excluding inflation, was 23 thousand 311 million pesos, while for the same period in 2018 it was 31 thousand 453 million pesos. pesos.
“From the very beginning, the government focused on its mega-projects with dubious social and economic returns. He forgot to invest in infrastructure for health care, education and water supply. Construction keeps pace with the economy,” said Edmundo Gamas, director of the Mexican Infrastructure Development Institute (Imexdi).
the president Andres Manuel Lopez Obradorhaving reached the presidency of the Republic in December 2018, decided to cancel the New Airport project in Texcoco after consultation with the citizens, but since he won the election last July, he has already threatened to cancel the airport project and staked on his proposed one in St. Lucia.
In addition, he branded construction companies by linking them to the corruption of previous administrations.
In addition to this, the construction industry as a whole suffered because, along with the government, the army received several construction assignments that could remain in the private sector.
“The involvement of the army unnecessarily supplies the private sector when it should be focusing on infrastructure for defense and national security, which is sorely lacking. Underground fences in oil pipelines are already exceeding what they were before the six-year period,” the infrastructure expert added.
Source: Heraldo De Mexico
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