ELECTRICITY

Generation

• Foreign investment allowed in co-generation and independent power plants.
• Some hydroelectric and thermoelectric CFE plants to be sold in 1995 and 1996
• New gas regulation facilitates investment.

Transmission and distribution

• Foreign participation in turnkey projects and other financial schemes.

HIGHWAYS

• BOT schemes will be implemented for new toll roads.
• 2,000 miles (3,200 km) needed to complete eight major interconnecting highways.

PORTS

• Container and multiple use terminals have already been auctioned and assigned in Veracruz, Altamira, Manzanillo and Lazaro Cardenas.
• Ports to follow include: Guaymas, Ensenada, Acapulco, Tompolobampo, Mazatlán, Campeche and Puerto Vallarta.

RAILWAYS

• New legislation allows for foreign participation in the construction, operation, exploitation, maintenance and marketing of cargo and passenger services.
• BLT schemes contemplated for new facilities.

AIRPORTS

• A new Airport Infrastructure Law will regulate privatization of Mexican airports and will establish the operative rules of airport infrastructure and its services.

REAL ESTATE

• Ever increasing opportunities in industrial real estate.
• REIT's, title insurance, pension funds, secondary mortgage market and auctions.

FINANCIAL INSTITUTIONS

• Foreign banks may acquire up to 100 percent of any financial institutions representing less than six percent of the total capital of the banking system.

NATURAL GAS Foreign investment allowed in transmission, construction, ownership and operation of gas pipelines, distribution and storage networks.

Mexico holds a world rank of eighth in oil reserves. Pictured is the IXTOC rig in the Gulf of Mexico.

PETROCHEMICALS

• Sixty-one PEMEX plants opened for bidding in late 1995.

TELECOMMUNICATIONS

• The new Telecommunications Act allows foreign investment in radio wave spectrum allocations, public network telecommunications (including all telephone services) and satellite communications.