October 3, 2018 |
Two months after Andrés Manuel López Obrador’s victory, Mexico’s business leaders are waiting to find out to what extent the new president will roll back his predecessor’s free-market reforms and which sectors will find themselves in his regulatory crosshairs.
During Mexico’s unusually long handover period – López Obrador won’t be sworn in until December – he announced a public referendum on whether to continue construction of a controversial new airport in Mexico City. Mexican officials also suspended planned auctions of oil projects, allowing time for his new team to review oil and gas contracts issued under a 2014 reform that opened up the energy sector to foreign investment.
For the coun
Mexico’s telecoms sector is likely to escape sweeping reform under AMLO, but a renewed focus on expanding coverage could spark increased infrastructure investment and spur M&A activity.