The construction sector in Mexico has shown significant growth in recent years. In 2023, the industry grew by 15.6%, driven by government infrastructure projects. However, in 2024, the growth rate is expected to moderate to around 2.1% due to reduced public investment and political changes. The sector’s market value is estimated at USD 175.9 billion, making it the twelfth largest in the world. Despite challenges, the industry continues attracting substantial public and private investment, focusing on sustainable construction practices.
