Slowly but surely, a clearer picture of the details behind President Trump’s US$1 trillion 10-year infrastructure plan are coming together through the various Budget related documents released throughout the first half of 2017. The first sign of something concrete came in January, when the Trump Administration released a list of projects to the National Governor’s Association entitled Emergency and National Security Projects. These projects were identified as being of the highest priority going forward. The project list carries a total value of US$137.5 billion, and while yet to be confirmed, it is expected that 50% of the funding will come through private investment and that the projects will directly create 193,350 job years.
Dariana Tani, economist at Timetric’s Construction Intelligence Center, analyses the Mexico's construction industry outlook.