Economy Politics Country 2026-03-19T16:21:00+00:00

Sheinbaum Bets on Infrastructure to Revive Mexico's Economy

Mexico's President Claudia Sheinbaum presented an infrastructure project and 'Plan Mexico' aimed at attracting investment and overcoming economic stagnation. Business leaders hope for a USMCA review and await an improved investment climate.


Sheinbaum Bets on Infrastructure to Revive Mexico's Economy

President Claudia Sheinbaum is betting on this infrastructure project, along with the Plan Mexico, to reactivate investment plans and stimulate the economy, which has been stagnant since 2025. A key issue also being watched by Mexican business leaders is the development of the trilateral treaty review between Mexico, the United States, and Canada. "We haven't reached the point we want to yet, but as long as more investment comes in, we'll get there," he said with some caution. He specified that investment has been stalled for several years. "Now investments are indeed starting to flow out," he said. In particular, he spoke about the energy sector, as he assured that there are energy generation projects that are now being approved, increasing from a projection of 10 to 30 permits for new businesses. These are times of high uncertainty due to the Iran war and the beginning of the USMCA review. However, for the head of the Business Coordinating Council (CCE), José Medina Mora, the Claudia Sheinbaum government is creating a shield to prevent investments from stalling again as they did last year and to achieve better growth in 2026. The business leader stated that this year they are projecting greater growth compared to last year. "Still below its potential, but changes and resolutions are being made to attract more investment to the country and achieve greater growth," he said in an interview with LPO on the occasion of the 89th Banking Convention in Cancún, Quintana Roo. The head of the CCE explained that, unlike last year, when the environment was also one of high uncertainty due to Donald Trump's trade war, this time there are concrete changes that will allow investment projects to materialize faster by removing obstacles to permit approvals. This year's bankers' meeting is taking place just as bilateral negotiations begin in Washington. Medina Mora said in this regard that the Mexican government is coming from a strong position. "There are favorable winds," he considered, and was emphatic that the expectation is to reach a zero tariff.