A new governance in Fonadin as a strategy to make infrastructure investments more efficient

Abstract

For any country, having the infrastructure in terms of resources and the required expertise in execution allows it to implement programs with high economic and social impact. In Mexico there is a significant deficit in this area so it ranks number 62 in the infrastructure competitiveness index of the World Economic Forum due, among other factors, to the decrease in investment as a percentage of gross domestic product (GDP) since 2010. So the demand of resources where the National Infrastructure Fund (Fonadin) has a relevant role as a federal government public investment agency. However, 65 % of its resources have been assigned to non-recoverable support and, therefore, a new governance is required to make decisions on criteria of efficiency and financial viability.