Background on the Association of Real Estate Developers (ADI)
The Association of Real Estate Developers (ADI) is a prominent private organization in Mexico, representing key players in the real estate sector. With a focus on residential, industrial, and tourism projects, ADI members have consistently contributed to Mexico’s economic growth and development.
Jaime Fasja, ADI President
Jaime Fasja, the president of ADI, has been instrumental in guiding the organization through challenging times. His leadership and optimism have been crucial in maintaining the sector’s momentum despite international tensions and trade uncertainties.
ADI’s Investment Plans Amidst Trade Tensions
Despite the ongoing trade tensions between Mexico and the United States, ADI projects a 3.5% increase in investment to $15 billion (mdd) for 2025, compared to the previous year. This investment will primarily support residential, industrial, and tourism projects.
Job Creation and Economic Impact
The construction of these projects is expected to generate over 355,000 direct and indirect jobs, significantly contributing to Mexico’s employment landscape.
Call for Concrete Results
Fasja emphasized the need for tangible outcomes during a conversation with Clara Brugada, the Head of Government of Mexico City. He highlighted that extended permit processes and institutional coordination issues have created legal uncertainty, hindering investment and increasing project costs.
- Demand for Concrete Results: Fasja urged for quicker, more efficient results to boost investor confidence and improve the competitiveness of Mexican cities.
- Strengthening Security: He also stressed the importance of enhancing security to improve citizens’ quality of life, expressing ADI’s support in building safer, more prosperous environments.
Progress and Future Opportunities
Since the activation of the single window for real estate project approvals in February, 32 projects have been approved, representing the construction of 4,000 new homes. Additionally, more than a dozen projects worth $2 billion are in the pipeline.
Clara Brugada, Head of Government, assured ADI members that doors remain open for investment promoting sustainable development, affordable housing, and compliance with the law.
