Mexico's National Infrastructure Plan Overview
Mexico's government expects public and private investment in infrastructure to reach almost U$600 billion approximately over the next five years in an effort to raise the country's economic growth capacity.
The 2014-2018 national infrastructure plan includes 743 projects in areas such as energy, telecommunications, transportation, housing, urban development, health and tourism.
Mexico is the 14th largest economy but is lacking necessary infrastructure which resulted in a lower ranking of 64 out of 148 countries in the World Economic Forum's global competitiveness index.
The energy sector will represent a significant portion of the investment with an estimated U$300 billion over the next five years as Mexico opens the state-run oil and electricity sectors to private investment and increased competition. Telecommunications and transportation projects which include highways, railways, ports, and broadband networks, are expected to surpass U$100 billion.
Finance Minister Luis Videgaray has publicly communicated that 60% of the investment will come from federal and state budgets and the rest will come from the private sector. He has also estimated the infrastructure plan will add between 1.8 and 2 percentage points to Mexico's growth rates by 2018.