CMIC: “Construction is the engine of growth”

The Mexican Chamber of the Construction Industry (CMIC) affirmed that construction is the engine of economic growth in Mexico.

Luis Méndez Jaled, national president of CMIC, supported the vision of Mexican President Claudia Sheinbaum Pardo, stating that boosting the economy begins with the activation of the construction sector.

During a press conference, Méndez Jaled emphasized that this formula has been proven throughout history in countries such as the United States, South Korea, and Singapore, where investment in infrastructure has enabled sustained growth, job creation, and increased competitiveness .

"Before producing, you build first; before growing, you invest first. Thus, what happens in infrastructure development is an early reflection of the country's economic direction."

He added that construction is a leading indicator of the economic cycle: when it resumes, it energizes the entire production chain by increasing demand for materials, generating employment, and boosting consumption, even before these effects are reflected in the Gross Domestic Product (GDP).

In this context, he noted that, although the national economy grew 0.9% during the first half of 2025, it is still below the 3.0% annual average target set for the six-year term . However, he said, the observed growth suggests a recovery trend.

Given this situation, Méndez Jaled called for the promotion of strategic public policies that strengthen investment in infrastructure as a tool to accelerate economic development, foster formal employment, and promote social cohesion. In particular, he highlighted Plan Mexico as an initiative with the potential to become a highly impactful expansionist policy if it succeeds in mobilizing public and private investment immediately.

"Private investment is key to accelerating the goals of Plan Mexico, ensuring quality infrastructure, balanced regional development, and sustainable job creation," he emphasized.

To effectively incorporate construction companies into Plan Mexico, the president of the CMIC proposed the following actions:

Strengthening the national value chain through greater national content in public works.

Boosting commercial financing through regulatory and tax incentives that encourage banks to participate in priority projects.

Execution of preliminary infrastructure projects, accelerating the 46 proposals that CMIC has in the executive development phase.

Implementation of expansionary public policies, including fiscal incentives, job retraining , support for MSMEs , legal certainty, and promotion of productive investment.

Méndez Jaled reaffirmed the construction sector's conviction to be a key player in the national transformation:

"Where there is strategic investment in infrastructure, there is employment, development, and well-being. In the current administration, the real push will depend on the vision, coordination, and determination of those who are building the country's future."

Boosts the economy in Mexico

Direct and indirect job creation: Construction creates millions of formal jobs at different levels, from labor to technical professionals, stimulating consumption and the local economy.

Boosting the production chain: Demand for construction-related materials and services is driving sectors such as manufacturing, transportation, trade, and financial services.

Attracting public and private investment: Infrastructure is a key driver for attracting capital, improving competitiveness and opening up opportunities for new businesses.

Improved productivity and connectivity: Public and private works facilitate transportation, logistics, and market access, reducing operating costs and promoting regional development.

Leading indicator of the business cycle: Construction activity reflects and anticipates economic trends, helping to plan policies to stabilize and promote sustainable growth.

CT