The president of Concamin, Alejandro Malagón Barragán, has expressed the private sector's concern in Mexico regarding a potential reduction of the public deficit in the 2025 fiscal package that will be presented to Congress. Malagón pointed out that currently public investment represents 2.2 percent and it is crucial to raise it to 5 percent. They fear that a decrease in the public deficit could affect the strategic infrastructure of the country, essential for nearshoring.
During the Annual Industrial Meeting (RAI) in Monterrey, Malagón emphasized the importance of ensuring a sustained increase in investments across various sectors, such as roads, railways, ports, airports, telecommunications, energy, education, health, urban mobility, and social housing. He proposed the implementation of efficient public-private investment mechanisms as well as innovative financing schemes for the execution of large projects.
Malagón expressed the private sector's willingness to collaborate with the new government and other levels of government in the pursuit of fruitful dialogue for the benefit of Mexico. Additionally, the importance of private sector participation in the energy sector was highlighted, with the goal that 40 percent of the energy produced in Mexico comes from renewable and clean sources by the year 2030.
On the other hand, Marcelo Ebrard, Mexico's Secretary of Economy, mentioned the close collaboration with Concamin and other organizations to improve the relationship and resolve problems more effectively. Samuel García, governor of Nuevo León, highlighted the relevance of the Mexican economy in light of possible changes resulting from the elections in the United States, stressing the importance of decisions at the national and state levels, especially in regions highly integrated with the U.S. economy.
