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Expedite Federal Resources, Builders Petition
Queretaro, Qro. The beginning of the year has been a difficult period for the construction sector, perceiving slowness in the administration of federal resources to develop works in the state. The president of Querétaro of the Mexican Chamber of the Construction Industry (CMIC), Álvaro Ugalde Ríos, said there is a concern in the sector about the designation of federal resources. Added to this scenario is the call by builders for the federal government to tender significant works that involve a large number of resources, he said. According to the CMIC state leader, up to 80% of the works announced by the federal government have been designated through the direct assignment.…
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Local construction companies in Querétaro are reactivated
Guild celebrates Expo and Holy Cross Day to strengthen ties between builders and entrepreneurs Gonzalo Flores After the governor of the state, Francisco Domínguez Servién, gave the order last month to start public works tenders for the state, the president of the Mexican Chamber of the Construction Industry (CMIC) in Querétaro, Álvaro Ugalde Ríos, announced that at the moment 30 percent of an amount of 1,500 million pesos is tendered. Ugalde Ríos recognized the governor’s effort for the activation he made in public works this year and reached an investment of 2 billion pesos. This situation reactivates local construction companies that were working at 20 or 30 percent of their…
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Dos Bocas will require the builders and the guild signs up
The journalist Miriam Posada in obraweb.MX mentions that the Federal project of Dos Bocas in Tabasco will require the builders and the union signs. MEXICO CITY. Although Pemex and the Mexican Petroleum Institute will do the engineering design for the Dos Bocas refinery in Tabasco, the project will undoubtedly need the builders who will be in charge of the works and services, says Eduardo Ramírez Leal, President of the Mexican Chamber of the Construction Industry (CMIC), for this, he added, the executive project must be made known. On May 9, President Andrés Manuel López Obrador announced that the invitation to tender to carry out the project was declared void because…
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Commercial Real Estate in the Industrial Sector: An Evolutionary Story
Commercial real estate in the industrial sector: a history of evolution; in the mid-1990s, Mexico experienced a watershed regarding growth, expansion, and development of industrial parks. The reason is the North American Free Trade Agreement (NAFTA) entry into force. That, together with the maquiladora decree, meant the first boom of this type of industry. Before, in 1990, the industrial market in Monterrey was. For example, it was domestic manufacturing and textiles. In the border markets such as Tijuana, Ciudad Juárez, and Matamoros, there was a 30-kilometer line where maquila was allowed. By 1996, there were only two industrial parks in Monterrey, STIVA Aeropuerto, and Parque Industrial Monterrey. In the rest…
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Querétaro, second favorite state for real estate investment
Querétaro is the second preferred state to invest in the real estate sector, only below Mexico City, according to a survey carried out by M2Crowd. Within the ‘top’ are also the entities of Guanajuato and San Luis Potosí, in ninth and eleventh place, respectively. The crowdfunding company stated that, of the characteristics to invest in real estate, 44 percent of those surveyed chose profitability, 21 percent security and low investment risk, 21 percent more profits when buying in pre-sale, and 14 cents than a tangible good. While among the least attractive factors to invest in the sector, 53 percent have the perception that a lot of money is needed to…
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Investors expand industrial spaces in the Bajío
National and international players who arrived in the Bajío several years ago are deciding to expand their industrial spaces; some came to Guanajuato and spread to Querétaro and vice versa. According to Claudio Brehm González, an industrial broker at Colliers International, in the first quarter of the year, the growth dynamic in the construction of square meters of industrial spaces in the region was maintained, driven mainly by the aeronautical, logistics, and automotive sectors. Although cautiously, developers have started or are about to create projects, mainly in the corridors of Querétaro and the Querétaro Intercontinental Airport (AQI) towards Mexico City; and from León to Queretaro territory, as well as in…
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