Industrial activity and housing development have been the driving forces behind the reactivation of private construction in the state, influencing the recovery of the construction industry. Data centers and investment projects in the automotive industry have led to a greater demand for industrial land.

The president of the Mexican Chamber of the Construction Industry (CMIC), Querétaro delegation, Óscar Hale Palacios, recognized in these segments the push of private works, and that there are good expectations for the development of industrial projects during this year.

Check here: How to acquire an industrial space and ensure that it is profitable?

Local builders, he added, are prepared to provide construction and infrastructure development services demanded by the private sector.

In the start of 2022, he added, better expectations of private investment are visualized than in 2021, because the development of local public investment projects provides certainty to private investors.

Given the services demanded by the construction of data centers, the members of the chamber have specialized in areas that allow them to cover this demand, he pointed out. In turn, the Construction Industry Training Institute (ICIC) seeks to continue developing areas that allow builders to specialize.

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Only from January to November 2021, the value of private works experienced a growth of 20.3% in relation to the same period of the previous year. However, it maintains a 25% drop in relation to the same period of 2019, that is, compared to the pre-pandemic period.

In this context, private works represent 79.9% of the total value generated by construction companies in the entity; meanwhile, 20.1% respond to public works.

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Original note