Public investment outlook in ICT for the end of 2024 in Mexico

Infrastructure, digital education and security are the areas in which Claudia Sheinbaum’s administration could focus to respond to the demands of a comprehensive digital transformation.
With the 2024 ICT budget focused on closing the connectivity gap and strengthening national infrastructure, recent changes in the allocation of funds reflect a clear commitment to strategic infrastructure. However, the arrival of a new administration in the Federal Government could bring significant changes, both in policies and budgetary priorities in the ICT sector.

Current priorities and implementation of funds

Ernesto Piedras , general director of The CIU , reported that, at the end of the first half of 2024, the Federal Government’s investment took place in strategic sectors such as the Federal japan whatsapp number data Electricity Commission (CFE) and Petróleos Mexicanos (PEMEX) , with notable increases of 339.4% and 203.5% in their budgets for telecommunications services, respectively.

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However, there are areas where the execution of funds has been less effective. For example, Plataforma México , a key program for national security, experienced a 190.6% increase in its budget, but only executed 33.1% of its allocated resources. The lack of execution in these programs could be interpreted as an area of ​​opportunity that the new administration could address, optimizing the use of resources and the implementation of results-oriented policies.

Expectations with the new administration

With the transition to a new administration, adjustments in budget priorities and funding execution strategy are likely to occur. Historically, changes in government in Mexico have been accompanied by revisions and modifications in the allocation of resources for ICT programs, adjusting to the vision and policies of the new government team.

Some expectations that could impact the ICT market in Mexico include:

Program Review and Funding Allocation : The new administration could restructure programs such as (focused on educational digitalization), which suffered a 15.1% cut in the current budget. Given the interest in digital education, there could be a reallocation of funds to strengthen programs focused on school connectivity.
Focus on Execution the partner receives a reward for each such sale Efficiency : Since the current administration faced challenges in the efficient execution bw lists of certain programs, the new government is likely to implement more rigorous control systems and prioritize efficiency in the use of resources allocated to ICT infrastructure.

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