The new investment plans of Claudia Sheinbaum's government are seen as a 'positive signal' by experts, however, they state that to achieve the goals, the challenge of rebuilding business confidence still remains. After the economy stagnated in the first year of her term, Sheinbaum is pushing an ambitious plan to raise public investment to 4.5% of GDP, following a drop of more than 7% last year through a portfolio of over 1,500 projects in eight sectors, public and mixed investments. For this year alone, she seeks to boost investments of 722 billion pesos, which would add two percentage points to GDP, that is, a 3% growth based on the estimate of the Ministry of Finance and Public Credit (SHCP). In its analysis, Banamex already anticipates skepticism due to the lack of results, criticizing the lack of details, and noting that the government faces a limited public financial capacity and focuses on low business confidence, which casts doubt on the effective participation of the private sector. Sheinbaum launches a $6 trillion investment plan, betting on increasing growth to 3%. Additionally, its analysts warn that the 5.6 trillion investment, equivalent to 14.9% of the current GDP, would imply an average of 3%, which compares to the average of the last 15 years of 3.3%, considering that these are not additional projects to the Mexico Plan. Under that scenario, their projections remain unchanged and far from those of the Ministry of Finance, anticipating a GDP growth of 1.6% by the end of the year. For his part, Víctor Gómez Ayala, director of analysis at Finamex, agreed that it will be a challenge for companies to inject capital into these projects, mainly from the energy sector, which concentrates the largest part of the investment projects. In this sense, he stated that this year's recovery will be 'slow but vulnerable', with a growth of only 1.1 in his estimates and 1.8% for 2027.
