Mexico unveils $323bn public-private investment drive aimed at lifting growth

Mexico’s government on Tuesday set out an ambitious public-private partnership programme designed to mobilise 5.6 trillion pesos ($323 billion) in investment across infrastructure and strategic sectors by 2030, a move officials say could accelerate economic growth beyond earlier projections.

Finance Minister Edgar Amador said around 722 billion pesos could be channelled into projects this year alone, potentially lifting economic growth to between 2.5% and 3%. That would mark a sharp improvement from preliminary growth of 0.7% recorded in 2025.

The revised outlook exceeds both the government’s own earlier estimates and private-sector expectations. In its budget proposal presented in September, the finance ministry had forecast growth of 1.8% to 2.8% for 2026, while a central bank survey released Tuesday showed analysts projecting 1.3% growth this year and 1.8% in 2027.

President Claudia Sheinbaum said the partnerships would be structured to ensure state ownership and oversight, with the government retaining majority control of joint ventures. Private partners will be selected through public bidding processes, with coordination led by the finance, economy and energy ministries.

Projects under the plan are expected to cover a wide range of sectors, including energy, railways, highways, ports, airports, healthcare, water and education. Amador said the model was intended to attract private capital while reducing risk and safeguarding public interests.

“This is positive for the country because it allows us to pursue development with equity, well-being, social justice and environmental protection,” Sheinbaum said during her daily press briefing.

($1 = 17.3157 Mexican pesos)