Grupo Mexicano De Desarrollo, S.A.B. (Mexico)

Grupo Mexicano de Desarrollo, S.A.B. de C.V., founded in 1942 and incorporated under its current name in 1975, is a Mexican infrastructure development company headquartered in Mexico City. Originally established as Constructora Ballesteros, the company evolved into GMD and became publicly listed on the Mexican Stock Exchange (BMV: GMD) in 1993. GMD specializes in the development, construction, operation, and management of infrastructure projects, including ports, maritime and inland terminals, hydraulic systems for water supply and wastewater treatment, highways, toll roads, and tourist destinations such as marinas, hotels, and residential developments. It also engages in engineering, procurement, and construction services, and operates in the energy sector, including renewable energy generation and hydrocarbon storage. The company’s most important brands and divisions include GMD Resorts, Autopistas de Guerrero, and Desarrollos Hidráulicos de Cancún, among others. With a workforce of over 2,100 employees, GMD has completed more than 400 infrastructure projects across Mexico, contributing significantly to national development. GMD’s legacy reflects a strong commitment to sustainable infrastructure and urban development, positioning it as a key player in Mexico’s industrial and construction sectors.