Given the prevailing concerns in economic matters, it should be noted that public sector projects had a historical growth of 73.8% per year, adding five months with double-digit rates. Works commissioned by the private sector advanced 7.1%, its second month on the rise. The dynamism of the construction sector in Mexico, driven mainly by the conclusion of major government works such as the Mayan Train and the Dos Bocas refinery, according to Banco Base, has caused a rebound in the shares of companies such as Cemex and Grupo Carso in the Mexican stock exchange. Data from Inegi show that the value of construction companies’ production in June shot up 27.8% annually, according to data from the National Survey of Construction Companies, during the sixth month of the year. These numbers represented its biggest rise since 2006, when records began.
On the other hand, Mexico attracted 5,024 million dollars of Foreign Direct Investment in the production of cars and trucks in the first half of 2023, which is the highest figure not only for a similar period, but for any complete year, according to data of the Ministry of Economy. The previous all-time high was recorded in the full year of 2019, when FDI arrivals in this area were 4,281 million dollars. This sector faced difficult times during the pandemic, mainly due to the interruption of the flow of microconductors from Asia. Today that it is in clear recovery, there is even relevant data on the increase in production chains in Mexican territory. As an example, remember that the automobile manufacturer “Stellantis” declared about the possibility of transferring the production of the RAM 1500 truck from a factory in the suburbs of Detroit to Mexico.
Undoubtedly, the prevailing concern regarding insecurity remains latent. What happened recently in Lagos de Moreno with the murder of five young people shows the terrible situation faced by large regions of the country in terms of violence, especially adolescents. Efficient investments, budgets and policies are required. For this reason, it is important to highlight the statements made recently by the presidents of the CCE, Coparmex and Canacintra. These business organizations have suggested that in the discussion of the Federation Expenditure Budget for 2024, which begins in September, priority should be given to spending on security.