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Mexico City— In the first quarter of this year, MXP$57 billion were invested by construction industry, the highest figure since 2008, data from Bimsa Reports Consultants Firm reveal.
IBC Index, which measures monthly investment in works made by construction formal sector, shows that in the first 3 months of the year the amount of resources allocated to this industry grew 15% when compared to even term last year.
“In 2009 and 2010 investment dropped, followed by a rebound stage in 2011 and 2012; it started recovering last year and this year the positive trend continues; 2012 and 2008 are expected to be very similar”, Ricardo Trejo, Head of Economic Analysis with Bimsa Reports, explained in an interview.