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Investor Presentaiton

STATE OF THE HOUSING INDUSTRY PRESENTATION: BUILDING CODES 6 3.a. How are residential building codes developed in your country? First, it is important to clarify that in Mexico regarding legislation for building, what prevails is the Regulation of Construction, which may have State or only local scope, these are created or modified according to the needs of the locality, because in Mexico there is a great diversity of conditions that can affect construction. Second, in Mexico the codes are a compilation of laws and rules that serves as a reference for definition of what is applicable in the locality. When talking about residential construction, the National Housing Commission (CONAVI, for its acronyms in spanish) is the decentralized agency of the federal government, whose main mandate is to design and coordinate the National Housing Policy, in 2006 it developed the Housing Edification Code (CEV, for its acronyms in spanish), which aims to regulate in its essential aspects the process of housing construction, incorporating the norms for the development of a safe, reliable, livable and sustainable construction in an orderly and balanced urban context, establishing the obligations and responsibilities of the agents involved in said process.
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