Mexico’s cloud of uncertainty has started to pass and clearer skies prevail after AMLO’s election as the country’s new President on July 1. The Mexican peso has remained stable and companies are preparing for the changes not only in ministries, but also in what the new National Infrastructure Plan will look like. The private sector looks to opportunities in port and road infrastructure, while others continue to see real estate and mobility as good bets for the future. Check out interview of the week with Lourdes Salinas of THREE Consultoria Medioambiental as she tells us why sustainability is a good investment.
Ready to keep moving forward? Here is your Weekly Roundup!
AMLO’s Infrastructure Plans
According to SCT Minister, AMLO will receive NAIM 40 percent completed and he must ensure continuity.
AMLO’s betting on infrastructure with plans to build Mexico’s very own Panama Canal that will run from Salina Cruz to Coatzacoalcos.
The new SCT Minister in AMLO’s cabinet, Javier Jiménez Espriú, says that the fate of NAIM will be decided in August.
Private sector construction value has decreased in 16 states due to uncertainty surrounding the presidential elections.
Check out what the status of sectors and projects that AMLO will be inheriting from the Peña Nieto Administration.
SAAM, the port arm of Luksic Group has an ambitious plan to expand its presence in Mexico and Latin America.
Banco Sabadell and Scotiabank just granted Mexico Tower Partners a MX$1 billion loan to continue with its telecom business in Mexico.
Lyft is now America’s biggest bikeshare company and meanwhile in Mexico, VBike will continue its expansion in Mexico City even though it has experienced bike theft.
In case you missed it, Stratto Americas in Guadalajara is open and ready for business. This mixed-use project by Greystar and designed by Grupo Sordo Madaleno brings to the market over 200 ready-to-rent apartments.
Cities & Development
A new study investigates how climate change and real estate can increase gentrification and urban inequality.
Check out New City Multilaterism; will this help cities grow sustainability in the future?