In recent years, Mexico has captured interest among companies in the transport infrastructure sector due to its favorable environment for private initiative and investment through PPPs and concessions. This model has been accompanied by a wide range of business opportunities.
To streamline private participation during 2016, the Public-Private Partnerships Law (PPP) was reformulated and the trust for the monetization of Fibra E assets was given a boost, but these innovations have not been fully utilized and still require a greater boost to achieve a real takeoff in investment.
Factors such as global macroeconomic volatility, the reduction of public budgets, and a complex political and commercial relationship with the United States have not been helpful in boosting the sector.
Meanwhile, the uncertainty generated by the upcoming change in government has many worried about what's next. Most polls give leftist Andrés Manuel López Obrador (AMLO) a double-digit lead over his closest rival, Ricardo Anaya who heads a right-left coalition.
The three main candidates - in third is former finance minister, José Antonio Meade - have outlined some ideas with nuances of difference to improve the institutional framework in terms of planning and execution of projects, an aspect that private actors have been requesting for a long time.
However, AMLO has been the only candidate to propose specific projects, including a controversial proposal to develop an alternative to the new international airport currently being built in Mexico City.
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