The RIBA is urging British architects to join it on a trade mission to Mexico, declaring that work in the country could be ‘extremely profitable’.
The trip, part of UK Trade & Investment’s Great Weeks programme, will be led by Baroness Bonham Carter. Attendees will visit Mexico City and Guadalajara from 10 to 16 November this year.
Activities will include visits to development areas and iconic buildings; a RIBA conference; and a design roadshow. Attendees will also be able to network with the British Ambassador, attend individual meetings, and receive briefings from experts.
Mexico’s construction sector grew four times faster than Brazil’s in 2012, and is expected to repeat that performance this year and next, according to the UKTI.
President Peña Nieto has committed to investing up to $415bn (£260bn) in infrastructure projects between 2013 and 2018.
Trade between the UK and Mexico has doubled between 2000 and 2010.
RIBA head of international Marcus Deeley said: ‘Mexico arguably has the strongest economy in Latin America, and while some firms are already making a name for themselves out there, there is scope for British firms to make their presence felt in a much more significant way.
‘There are great opportunities in areas such as concept work for large residential and commercial developers. Favourable exchange rates mean this work has the potential to be extremely profitable for British firms.
‘However, without the right cultural understanding and a keen knowledge of the local market, it can be very difficult to secure such contracts. We hope that this trip – and the intelligence gathered on it – will enable the British architectural community to begin really making an impact in Mexico.’