The Government of Mexico, through the Ministry of Economy, has announced a significant investment totaling approximately $7 billion as part of the Plan México initiative, aiming to boost economic development and strengthen strategic sectors. The investments will come from Sempra Infrastructure, allocating $3.55 billion to energy projects in Baja California, and Mercado Libre, dedicating $3.4 billion to enhance its technological, logistical, and financial ecosystem in the country.
President Sheinbaum Emphasizes Sustainable Investment
President Claudia Sheinbaum Pardo highlighted that Plan México seeks to attract private and foreign investment under sustainable and strategic conditions. «Of course, we welcome private investment. However, we want companies to establish themselves in locations with suitable conditions, respecting natural resources, and within the framework of the new electricity generation law, where 54% of energy will remain public to strengthen the Federal Electricity Commission (CFE). At the same time, we are eliminating unnecessary procedures to facilitate these investments and ensure that development is accompanied by social welfare,» she stated.
Economic Stability Attracts Global Companies
The Secretary of Economy, Marcelo Ebrard Casaubon, emphasized that this investment confirms the confidence and economic stability of Mexico, noting that despite international trade challenges, the country continues to be attractive to global companies. «We are talking about $7 billion in private investment. It’s an impressive figure that reflects Mexico’s potential as a business destination,» he expressed.
Sempra Infrastructure: Clean Energy and Energy Security
Tania Ortiz Mena, President of Sempra Infrastructure Latin America, detailed that her company will invest $3.55 billion in Baja California for energy infrastructure projects, including:
- ECA Energía Costa Azul LNG: A natural gas terminal in Ensenada with a $3 billion investment, enabling the conversion of gas to liquid state for export.
- Northwest Gas Pipeline: A $550 million project to supply natural gas to the northwest region of the country, enhancing energy security and supporting industrial development.
Mercado Libre: Strengthening E-commerce and Financial Services
David Geisen, CEO of Mercado Libre Mexico, announced a $3.4 billion investment to strengthen the company’s technological, logistical, and financial ecosystem in the country. The plan includes:
- Logistics Expansion: Development of new distribution centers and last-mile delivery services to improve delivery times and customer experience.
- Technological Innovation: Enhancement of the platform’s technology to offer more personalized and secure services.
- Financial Inclusion: Expansion of financial services through Mercado Pago to promote financial inclusion in underserved sectors.
