economy and politics

With Plan México they seek to make 277,000 million dollars of investments

With Plan México they seek to make 277,000 million dollars of investments

“With the plan that we are developing, with specific companies that want to set up in Mexico, how they would set up, where they would set up, with what benefits, with what incentives, (…) the objective, then, is to continue making Mexico the best country in the world; our country is a cultural power and our objective is to reduce poverty and inequalities,” said the president.

The objectives of Plan Mexico are:

1. Being within the 10 world economies, Mexico is now in 12th place.

2. Increase investment as a portion of GDP, above 25% from 2026 and more than 28% in 2030.

3. Create 1.5 million additional jobs in specialized manufacturing and strategic sectors, among others.

4. 50% of national supplies and consumption will be made in Mexico in strategic sectors.

5. Grow 15% of national content in global value chains in the sectors: automotive, aerospace, electronics, semiconductors, pharmaceuticals, chemicals.

6. 50% of public purchases will be of national production.

7. Vaccines made in Mexico.

8. The total time to complete an investment will be reduced from 2.6 to 1 year: 50% fewer procedures and requirements, in a single digital investment window.

9. 150,000 professionals and technicians annually with continuous training aligned to strategic sectors and 100% dual education in technical higher education.

10. Environmental sustainability, promote investments with ESG practices: water reuse, investment in clean energy with support, solid waste management systems and community impact actions.

11. 30% of SMEs with access to financing.

12. Be one of the 5 most visited countries worldwide.

The plans include investments in energy, aerospace, semiconductors, tourism, automotive and textiles, as well as detonating development poles, at least one in each entity.

This plan also responds to the need for greater regional integration with the United States and Canada to face competition from Asia and import substitution, mainly from China.

The Secretary of the Treasury, Rogelio Ramírez de la O, indicated that if North America replaces 10% of the imports made from China, Mexico would grow 1.2% more in GDP than it normally has, the United States 0.8% more and Canada 0.2% .

Ramírez de la O commented that this approach has already been made to the United States and what follows from here are public policy decisions on commercial, political and industrial matters and what should be done within the framework of the T-MEC.



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