The president of Mexico, Claudia Sheinbaum, signed a decree that once again turns the Federal Electricity Commission (CFE) and Petróleos Mexicanos (Pemex) into "public companies." This measure aims to strengthen the state management of both entities to guarantee the energy self-sufficiency and security of the country. The reform includes changes to Articles 25, 27, and 28 of the Political Constitution.
During a press conference, Sheinbaum emphasized the importance of returning ownership of these companies to the Mexican people. The Congress of the Union approved the reform proposed by former president Andrés Manuel López Obrador, which was declared constitutional. This measure is expected to ensure electricity supply in all regions of the country, including those that are not profitable for private companies.
The reform also encompasses aspects such as the railway system and the transportation of cargo and passengers, as well as the occupation of railway lines for public transport. The main objectives are to ensure energy security and self-sufficiency in Mexico, in addition to providing electricity at accessible prices for the population.
Despite the benefits expected from this measure, there are challenges facing CFE and Pemex as public companies. Aspects such as operational efficiency, foreign investment, costs to the government, impact on competition, and financing are important considerations that must be addressed to ensure the success of the transition from "productive state enterprises" to "public state enterprises."
