The global pet care market is foretold to improve in the forthcoming years as matched to the preceding years and will showcase better sales in various market segments. It is estimated that the global pet care market will grow at a CAGR o…
BMI View: The Mexican construction industry will increasingly be support by private sector capital, as the
government aims to incentivise investment to make up for public sector budget cuts. As such, we expect an
acceleration in infrastructure industry growth as energy sector privatization and new investment vehicles
and programs successfully aid to financing availability.
Latest Updates And Structural Trends
? We expect the Mexican construction industry to post 2.6% real growth in 2016, driven by strength in the
housing sector, manufacturing, and the newly liberalised energy sector.
? The infrastructure sector will underperform this year as large public sector budget cuts continue to weigh
on growth, with another mid-year cut bringing the total reduction to the SCT (the Ministry of Transport
and Communication) budget to MXN14.3bn in 2016.
? We expect increasing levels of private sector investment - facilitated by project bonds, expanded use of
PPPs, and the FIBRA E facilitate will all help lift the infrastructure industry over our forecast period,
with growth rates accelerating steadily out to 2025.