Mexico Energy and Mining
Sources: The Library of Congress Country Studies; CIA World Factbook
The construction sector accounted for slightly more than 5 percent of GDP in 1994. In 1991 Mexico had about 18,000 registered construction companies that employed almost 1 million workers. In that year, heavy construction accounted for 44 percent of all construction, residential building 35 percent, and industrial construction 14 percent. Government efforts to promote private-sector investment in physical infrastructure projects (especially road building and new rental housing) helped to increase construction growth. Construction growth slowed from 7 percent in 1990 to 2 percent in 1991. It accelerated to 8 percent in 1992, but slowed again to 3 percent in 1993, partially as a result of continuing high interest rates, which discouraged private investment. In 1993 transport projects accounted for 29 percent of the value of production in the formal construction sector, the installation of water supplies accounted for 11 percent, and electricity and communications projects accounted for 9 percent.
Energy and Mining
Data as of June 1996
NOTE: The information regarding Mexico on this page is re-published from The Library of Congress Country Studies and the CIA World Factbook. No claims are made regarding the accuracy of Mexico Energy and Mining information contained here. All suggestions for corrections of any errors about Mexico Energy and Mining should be addressed to the Library of Congress and the CIA.