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.
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
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
Contract management specialists.
London Stock Exchange, Alternative Investment Market, and
Plus Market: (UK Nominated Advisers to explore
the Mexican marketplace for companies with listing
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: email@example.com
Source - UKTI