Mexico has an outlined infrastructure development strategy that offers medium and long term visibility to the investor. This strategy is documented in a series of national and sectorial plans, as well as programs with national coverage.
These planning documents specify Mexico’s strategy for the development of infrastructure, as well as the current situation of each sector, its ranking when compared to other countries, particular needs, goals and objectives to be reached.
National Development Plan
On December 1st, 2018, Mexico went through a federal administration change for the period 2018-2024.
According to the Political Constitution of Mexico “The State is responsible for driving national development to ensure it is comprehensive and sustainable …”
It also establishes that “The State will ensure the stability of public finances and the financial system to help foster favorable conditions for economic growth and employment. The National Development Plan and the state and municipal plans must observe this principle. ”
To implement this mandate, the Planning Law stipulates that “The National Development Plan shall be prepared, approved and published within a period of six months, starting the date on which the President of the Republic takes office, and its term shall not exceed the corresponding constitutional period, although it may contain longer term considerations and projections. ”