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LatinNews Daily - 03 August 2018

In brief: Mexico

* Luis Enrique Méndez, the director of the offices division of international real estate firm Colliers International, has warned that the majority of Mexican cities lack the necessary office space and infrastructure to house federal ministries. President-elect Andrés Manuel López Obrador has said that, as part of his government restructuring plans, he intends to decentralise federal government operations and move some ministries to cities outside Mexico City. But Méndez warned that cities outside of the country’s three main cities (Mexico City, Guadalajara, and Monterrey) currently lack the necessary infrastructure such as enough office buildings, housing, and roads to host large federal government divisions. Méndez added that it could take years to build up the necessary infrastructure, and he added that in order for the proposal to be successful “a master plan” is needed to develop infrastructure around the country. 

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