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Construction Projects in Mexico 2024 | Buildpeer
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The main construction projects in Mexico for 2024

Construction projects in Mexico are marking a key milestone for the country's development. In 2024, the construction industry continues to move forward with megaprojects in Mexico that transform infrastructure and urban life, boosting the national economy. These projects not only focus on improving existing infrastructures, but they also seek to generate new opportunities for growth in different sectors and regions.

At Buildpeer, we are closely following the progress of the main construction projects in Mexico and how technology and efficient construction management make a difference in their development. Below, we present some of the most significant projects for this year.

Overview of the sector for 2024

Investment in construction in Mexico remains as one of the main drivers of economic development, with key projects in both the public and private sectors. In 2024, the expansion of infrastructure works will bring major changes. Industrial projects, such as new manufacturing plants, will also strengthen the country's supply chain and competitiveness.

If you are wondering what was built in Mexico in 2024, the answer lies in the large-scale megaprojects taking shape, such as the Maya Train, the Port de Progreso, and the Amigo LNG terminal. These works are transforming not only the country's infrastructure, but also its economic development.

Landmark projects that will define 2024

1. Maya Train

Location: Yucatan Peninsula

The Maya Train It is one of the most ambitious megaprojects in Mexico this decade. Its goal is to connect the main cities and tourist destinations of the Yucatan Peninsula, covering more than 1,500 kilometers of railway. This project will not only boost tourism and promote economic growth in local communities, but will also be key for railway projects in Mexico that will transform mobility and accessibility in the south-east of the country.

Source: NBC News

Tren Maya recorriendo la selva del sureste mexicano
The Country Mexico (2023). “The Route of the Mayan Train, Station by Station.”

2. Port of Progreso Expansion

Location: Progreso, Yucatan

The expansion of the Port of Progreso is essential for improving Mexico's port infrastructure. This 2024 construction project in Mexico seeks to increase the port's capacity to handle more cargo and cruise ships, which will benefit both trade and tourism. Investment in this port will improve its competitiveness and connectivity, positioning Yucatán as a key logistics hub in the south-east of the country.


Source: Freight Waves

Puerto de carga marítimo en México

3. Amigo LNG Terminal Development

Location: Guaymas, Sonora

The Amigo liquefied natural gas terminal in Sonora is crucial for Mexico's energy security. With a processing capacity of 7.8 million tons per year (MTPA), it will play an important role in the natural gas exports, benefiting the country's energy industry and economic growth. This development will drive energy diversification and strengthen Mexico's position as a key energy supplier in the region.


Source: World Construction Network

Buques metaneros en operación para terminal Amigo LNG en México
Zawya (2023). “Mexico's Amigo LNG Signs Gas Supply Deal with Oman's OQT.”

4. Tire Manufacturing Plant in Saltillo

Location: Saltillo, Coahuila

A new tire manufacturing plant in Saltillo will strengthen the automotive supply chain in the region. This 600,000 square-meter megaproject will produce high-quality tires for both the domestic and international markets, contributing to job creation and boosting the automotive industry, a key sector for the Mexican economy.


Source: Yokohama

Parque industrial en Saltillo con naves de manufactura y paisaje montañoso
Tetakawi Insights (2023). “Get to Know Saltillo's Automotive Manufacturing Industry.”

5. Pick-Up Trucks Assembly Plant in Tlajomulco de Zúñiga

Location: Tlajomulco de Zuniga, Jalisco

The pick-up truck assembly plant in Jalisco is designed to meet the growing demand of the local and international markets. This project not only reinforces the competitiveness of Mexico's automotive industry, but also supports the economic development of Jalisco, positioning the region as a key hub for automotive manufacturing.


Source: MexicoNow

Interior de planta de ensamblaje de camiones Foton en Jalisco
Mexico News Daily (2023). “Foton Trucks Jalisco Plant.”

6. VYNMSA Torreon Industrial Park

Location: Torreon, Coahuila

 The VYNMSA Industrial Park in Torreón is another significant industrial project of 2024. Designed for manufacturing and logistics operations, the park will attract significant investment, generate jobs and support regional economic growth, establishing Torreón as a center of industrial innovation and production.

Source: MexicoNow

Entrada del parque industrial VYNMSA en Torreón, Coahuila
VYNMSA (2023). “VYNMSA Torreon Industrial Park.”

Other notable projects in the works...

Google and Amazon Data Centers

Location: Querétaro, Mexico

Google and Amazon's data centers in Querétaro are revolutionizing Mexico's digital infrastructure. These megaprojects will strengthen the country's cloud services capabilities, boosting the digitalization of companies and positioning Querétaro as a leader in technological operations in Latin America. These developments will attract technological investment and generate substantial  economic growth in the region.

Sources: Mexico Now, Mexico News Daily

Key takeaways for construction teams

The magnitude of these construction projects not only presents logistical and operational challenges, but also an opportunity to improve best practices in the construction industry. Here are some key points for construction teams involved:

  • Sustainability: Sustainability is a central axis in all these projects. From building energy efficient buildings to using green transport solutions, sustainability is essential.

  • Collaboration: Effective collaboration between all stakeholders is essential. Fluid communication, centralized project management, and coordination among suppliers and contractors are key to the success of these projects. You may also be interested to know how to avoid the most common construction errors [Construction errors and how to avoid them].

  • Adaptability: Adaptability is crucial. Projects must be managed by teams capable of reacting to unexpected changes and challenges during execution.

  • Automation: Automation will be key to these megaprojects and for construction processes in general, improving efficiency, reducing human error, and increasing precision in the execution of projects.

At Buildpeer, we help construction teams stay at the forefront of best practices, ensuring that every project, regardless of its scale, is executed efficiently and successfully.

Book a demo here!

Conclusion

2024 will be a pivotal year for Mexico's construction sector, with a series of megaprojects transforming infrastructure, the economy and opportunities nationwide. These projects will not only improve Mexico's global competitiveness but also generate thousands of jobs and foster significant economic growth  in various regions.

These projects will also promote new ways of managing customer relationships.

We will continue monitoring these developments closely, helping construction teams optimize processes and achieve success.

Frequently Asked Questions

What are the most important construction projects in Mexico for 2024?

Some of the most outstanding projects are the Maya Train, the expansion of the Port of Progreso, the pick-up truck assembly plant in Tlajomulco and the VYNMSA industrial park in Torreón.

Which sectors are leading construction investment in Mexico this year?

Railway, port, automotive, and technology infrastructure projects are leading 2024 investment.

What benefits will these megaprojects bring to the country?

These projects will bring improvements in infrastructure, generate employment, improve the country's competitiveness and contribute to regional development.

How do these projects affect suppliers and contractors in the industry?

These projects will create new business opportunities for suppliers and contractors, as demand for specialized materials and services will be significant.

Where can I find more analysis on trends in construction?

You can explore more about the latest construction trends and strategies on Buildpeer's blog, where we regularly publish articles and industry articles and insights.

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