Background and Relevance
Querétaro, Qro. The Mexican Chamber of the Construction Industry (CMIC) in Querétaro, along with the Sustainable Development Secretariat (Sedesu), organized the third edition of a specialized B2B business meeting to foster commercial ties in the construction sector.
Meeting Participants
The event gathered 18 purchasing companies and 60 supplier companies, according to information provided by Sedesu.
Benefits and Impact
Marco Antonio Del Prete Tercero, head of Sedesu, explained that this initiative aims to boost local suppliers’ development and provide direct access to strategic allies.
“This is the most transparent way to connect supply with demand, and this exercise brings triple benefits. Apart from connecting supply and demand, it helps identify industry needs and allows us to develop projects that make the industry more competitive,” Del Prete Tercero stated.
Through this strategy, companies can also discover new markets and explore emerging trends, according to the CMIC.
Meeting Outcomes
During the business meeting, 300 business meetings were conducted, further strengthening the sector’s business network, as reported by CMIC.
CMIC President’s Perspective
Álvaro Ugalde Chaparro, president of CMIC in Querétaro, emphasized that the chamber’s members are committed to staying updated and acquiring skills to bolster the industry.
Meeting Objectives
The primary goal, according to CMIC, is to bring affiliated companies closer to large buyers, facilitating private work contracts, new opportunities, and strengthening the local value chain.
Construction Industry Context
As of July, the construction industry reported 61,341 secure jobs, contributing to 8.6% of the total employment registered with the Mexican Social Security Institute (IMSS). However, it is the sector with the most significant annual decline in formal employment, having experienced a 9.7% drop in July.
Key Questions and Answers
- What was the purpose of the third B2B business meeting? The main objective was to foster commercial ties in the construction sector by connecting affiliated companies with large buyers, facilitating private work contracts, and strengthening the local value chain.
- How many companies participated in the meeting? Eighteen purchasing companies and 60 supplier companies attended the event.
- What benefits does this initiative bring to the construction industry in Querétaro? The initiative aims to boost local suppliers’ development, provide direct access to strategic allies, and help companies discover new markets and trends.
- What is the current state of employment in Querétaro’s construction industry? The construction industry reported 61,341 secure jobs as of July, contributing to 8.6% of total employment registered with IMSS. However, it has experienced a significant annual decline in formal employment, with a 9.7% drop in July.
