Commercial & tourism

With the adoption of the federal Public-Private Partnership Law in 2012, the investment environment was strengthened and the wind is set to change direction, as foreign capital is expected to be attracted to a greater extent. Among other provisions, the PPP law guarantees unprecedented levels of transparency and efficiency in bidding processes, as well as greater investor rights, thereby lending appeal to the National Infrastructure Plan (NIP).

The operational context in Mexico has undergone numerous changes in recent decades, starting with NAFTA and the succeeding Tequila crisis. While the PPP law and the NIP are exerting a momentous impact on the infrastructure sector, other reforms and their influence on the sector should not go unnoted. The Telecommunications and Energy Reforms, and most importantly, the Fiscal Reform, all present significant opportunities for companies wishing to invest in Mexican infrastructure.

This chapter highlights the changing legal and regulatory framework Mexico finds itself in and delineates the advantages it offers private parties looking to invest in infrastructure development. Industry leaders, as well as highly specialized lawyers and public officials discuss the challenges associated with properly implementing the law, and outline the impact of Reforms on the industry.

HIGHLIGHTS OF CHAPTER 2

  • Mexico’s new Public-Private Partnership Law
  • Role of public and private sector in infrastructure development
  • The risks associated with not having a proper PPP law implementation
  • Other sector reforms and their impact on the infrastructure industry
  • Critical factors for success