Querétaro builders expect public works development to increase in 2022

Queretaro, Qro. After the declines in activity that the Construction industry In recent years, 2022 is seen with more optimism, expecting an increase in the development of public works.

The new president of the Mexican Chamber of Construction (CMIC) of Querétaro – for the period 2022-2024 – Óscar Hale Palacios emphasized that the beginning of the year looks positive, given that an increase of almost 50% in the state budget for works and actions is expected, together with a increase of 17% in the working budget of the capital administration.

“We are about 9,000 million pesos (from the state budget in works and actions), more than last year, we can have this boost for the construction industry,” Hale Palacios said.

Only among the more than 9,000 million pesos of the state, plus the 1,200 million projected budget in works for the municipality of Queretaro and items from the rest of the municipalities, an expenditure of at least 11,000 million pesos on public works is projected during this year, he added.

From the delegation of CMIC, he said, they will fight to prioritize the participation of local builders in the execution of public works projects.

“We see a good picture. “What we will work for as a construction room is that these works are first carried out by the members of the room, but above all that it is through the Queretaro construction industry that these constructions are made by Queretanos,” he said.

The newly elected leader of the CMIC He said that this initiative seeks to promote greater economic dynamism from a local level.

Hale Palacios acknowledged the challenge of diversification that persists among local builders who are largely dependent on public works, for which one of its goals in the leadership of CMIC This will be to promote the invasion of builders into private works, which have more weight at the state level than public works.

“We have put a lot of effort into public works, because it is a common practice taken here in the room, that virtually everyone who enters develops public works; Of course, this is not a policy, but rather a practice that has been given, but we are also going to work hard for the private industry, which exercises almost 70% more than the public one ”, he pointed out.

In October 2021, the state’s construction industry slowed the annual growth rate it has maintained since November 2020.

In the tenth month of last year, the production value of construction in the entity experienced an annual decrease of 19.1%, according to the National Survey of Construction Companies (ENEC), of the National Institute of Statistics and Geography (inegi).

Before the fall, the industry accumulated eleven consecutive months of annual growth, from November 2020 to September 2021.

production value

In the accumulated from January to October 2021, the production value generated by the companies in the entity showed a growth of 11% compared to the same period of the previous year. In January-October 2020, however, it showed a decrease of 30.7% relative to the value of 2019.

Public works decreased by 20.6% from January to October 2021 compared to the previous year. Meanwhile, in the year in which the pandemic started, it grew by 17.3% compared to the previous period.

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Reference-www.eleconomista.com.mx

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