The President of Mexico, Claudia Sheinbaum Pardo, has announced the Infrastructure Investment Plan for Development with Well-being 2026-2030, which will allocate an additional 722 billion pesos (MXN) ($41 billion) this year alone, on top of the existing budget, for energy, trains, highways, ports, health, water, education and airports. This represents 2 percent of the gross domestic product (GDP), and throughout the six-year term, a total of 5.6 trillion pesos ($326 billion) will be allocated to these strategic sectors.
Sheinbaum Pardo added that these are not schemes similar to the public-private partnerships of the neoliberal period, in which the private sector acquired debt, developed projects and the government simply paid. Rather, this is a model of growth with social justice, of sustainable development with well-being, in which the Mexican State does not grant concessions and does not acquire financing with high interest rates. “For everyone, this is good for the coun
