Queretaro, Qro. It could be until 2024 when the state’s construction industry finds conditions of greater stability and recovery, anticipating that by that year it will have resumed the level of production it had in 2018, according to estimates by the Mexican Chamber of Industry. of Construction (CMIC), Querétaro delegation.
The decline in the activity of this industry began in 2019, with the reduction of the federal budget for public works, explained the president of CMIC in Querétaro, Óscar Hale Palacios.
Therefore, he added, the industry began to be affected before the Covid-19 pandemic; and in the period from 2019 to 2021 it accumulated a 30% drop in its activity, in relation to 2018.
However, by 2022 the local industry expects to achieve an annual growth of 10%, which is encouraging as it is even above the national projections for the sector. Hale Palacios added that if this rate continues, there is confidence that by the end of 2024 the industry will have recovered.
During 2021, he explained, the construction industry added a value of 13,200 million pesos in the entity, contributing 14.4% of the local Gross Domestic Product (GDP).
Therefore, with the growth forecast for this year, of 10%, it is expected that by the end of 2022 it will achieve a value of approximately 14,520 million pesos.
“In 2021 we closed with 13,200 million pesos from the construction industry here in the state, 14.4% of GDP, that is our floor, we already know what we have to close 2022 with, we expect above 14,000 to 15,000 million pesos. pesos,” he stressed.
Faced with the recovery process of the sector, he urged that the construction projects planned in the state be carried out by local builders, in order to encourage the state economy.
“That’s why the struggle that the constructions, that 100% of the works, be done by Queretanos, because this billing makes the domestic product rise,” he stressed.
Given the inflationary impact on construction materials, the state president of CMIC reiterated the call, particularly to public authorities, to endorse escalations of even 10 to 15% in construction projects, due to the constant change in prices. of the supplies.
“There (in escalations) is where the material is placed, with up-to-date prices and we do not know if in a month or two months that will exceed 5% of the cost, which is what the comptroller recommends to make these escalations, we still have inflation, even 7.7% globally, but in the construction industry it has exceeded 10 to 15%”, he explained.
Start the year with a fall
During the first two months of the year, the total production value generated in the entity in the construction industry reported a drop of 29.9% in relation to the same period of the previous year, the results of the National Survey of Construction Companies (ENEC) stand out. .
In addition, it accumulates five consecutive months with annual falls in the value of production, from October 2021 to February 2022, specifies the survey by the National Institute of Statistics and Geography (Inegi).