Mexico Investment Bright

Mexico plans to invest $91.2 billion USD in power over the next 4 years, according to a recent new report from the government energy ministry, SENER.

Of the bright new Mexico investment, 49% will go to generation, 20.1% to the distribution sector, 18.5% to the transmission sector, 11.6% to maintenance and 0.8% to "other" investments.

The recently released 2009-24 forecast breaks down the massive Mexico investment in the energy sector and highlights the emphasis on renewable energy. SENER says renewable generation, which includes hydroelectric plants with less than 30MW capacity, is targetted to rise to 7.7% by 2012.

In a move to improve the planning of energy in Mexico, the SENER forecast looked 15 years ahead for the first time, previous forecasts covered only 10 years.

Despite the international economic squeeze cutting the government's budget they have still pushed through an impressive package of investment on infrastructure, gas and renewable energy.

Infrastructure projects are focussing on the major routes and tourism areas in order to boost local economies and real estate markets too.

As the year draws to a close, Mexico investment is a rising star. 2010 looks bright.