Doing Business In Mexico

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Financial Services

Success Story

In July 2008, Currie & Brown Mexico (a Currie & Brown Limited subsidiary) was the head adviser for the entire procurement process as well as the international advisor for the PPP strategy for the new hospital in Ciudad Victoria, Tamaulipas State.

Due to the PPP strategy implemented by the Federal Ministry of Health, the hospital in Ciudad Victoria was officially opened in March 2009. With an estimated investment of £37 million and a £209 million contract over 25 years, this regional hospital will provide highly specialised medical services for the north east States of Mexico.

Currie & Brown Mexico are now working with several State Governments to implement more PPP strategies and they have plans to duplicate the size of their business in the country.

 

Key Fact

Currently, there are 19 Mexican PPP
projects including those already
operating, those under construction
and some pending for bids.

There are two main areas of opportunity for British companies within the financial services sector: Public Private Partnerships (PPPs) and listing on the exchanges.

Public Private Partnerships (PPPs) With the help of UK advisers, the Mexican Government introduced a PPP programme based on the UK model.

A total of nine Federal PPP projects have been implemented including three hospitals, one university and five road projects. There are ten more Federal PPP projects in the pipeline including six hospitals and four more road projects. At a state level four PPP projects have been implemented, all in the State of Mexico including a cultural centre, a hospital, a road project and a bridge. Mexican companies are keen to form associations with British firms with proven PPP experience in order to participate in these projects.

Plans to extend PPPs further has been reflected in President Calderon's National Infrastructure Plan with projects including prisons, police stations, hospitals, roads and public transport projects.

Listing on the exchanges

Many of the major family-owned conglomerates are reaching the point where they need capital to grow and realise their expansion plans, particularly into the USA market. As they introduce professional management, they are now starting to meet international requirements for accountability and transparency and have begun to list in New York. London offers an attractive alternative. The Stock Exchange, Alternative Investment Market (AIM) and Plus Markets translate into very appealing solutions for these companies.


Business Opportunities

  • PPP's consultants/operators.

  • Consortium managers.

  • Contract management specialists.

  • London Stock Exchange, Alternative Investment Market, and Plus Market: (UK Nominated Advisers to explore the Mexican marketplace for companies with listing potential).

  • Arbitration.

     

Contact and Further Information

A report on the Mexican financial services sector as well as more information about the specific business opportunities can be obtained by contacting the UKTI team in Mexico City: 
British Embassy Mexico City Tel: + 52 55 1670 3207 Email: fernando.estandia@fco.gov.uk

 

Source - UKTI

 

Strategic Partners