Odebrecht Investment in Mexico: Projects and Controversies

Odebrecht Investment in Mexico: Projects and Controversies


Odebrecht's investment in Mexico: a chronology.

Follow the history of Odebrecht's investment in Mexico with this timeline resource! See where it all started and follow the main events to this day.

Trace the development of Odebrecht's investment in Mexico with this detailed timeline! From its inception when the project began and discover key milestones to its current state. Gain a deep understanding of the start through this comprehensive timeline.

Odebrecht Initial Investment in Mexico, 2005.

In February 2005, the Brazilian multinational Odebrecht made its first investment in Mexico, forming a strategic alliance with Grupo Financiero de Inversiones (GFI). This agreement resulted in the creation of OTV/Etermax, destined to develop infrastructure projects throughout the country. This initial move marked the beginning of a long and successful journey for Odebrecht in Mexico

Essential information you should know about the Odebrecht works contract in Mexico.

Do you want to know how Odebrecht operates its works contract in Mexico? We've got you covered! Read this publication to learn essential information about the company and its operations in Mexico.

Odebrecht is a Brazilian construction and engineering conglomerate with operations in Mexico. Find out how the company operates with its works contract within the country, from sourcing materials to handling project management to ensure the successful completion of projects.

Panorama of the Odebrecht Project in Mexico

Odebrecht has participated in various projects throughout Mexico, ranging from the construction of oil and gas facilities to buildings, bridges and highways. All these projects are managed in accordance with their works contract that describes the payment conditions, as well as the process of supplying materials and resources with local suppliers. The company keeps accurate records of every project they undertake, ensuring that all documents, plans, and drawings remain secure while also having up-to-date tracking systems in place to monitor progress on a daily basis.

The Odebrecht company will invest 8.100 million dollars in the next 5 years in Mexico.

With the investment, the Brazilian expects to generate about 20,000 direct jobs and another 60,000 indirect jobs, the Mexican Presidency reported on Tuesday.

The resources, of which 1.8 billion dollars have already been used "in the development of studies and projects", will be directed to "the petrochemical, sanitation and renewable hydraulic energy, production of ethanol, sugar and biomass renewable energy, and in highway concessions”, according to an official statement. Investment in Mexico.

The businessman made the announcement of the investments in a meeting with President Enrique Peña Nieto.

Odebrecht is an organization made up of diversified businesses specializing in engineering and construction, with investments in infrastructure, energy, industry and auxiliary institutions.