Sat Feb 07 02:10:00 UTC 2026: ## Mexico Announces Massive Infrastructure Investment Plan, Backs Bachelet for UN Secretary-General

The Story:

Mexico is embarking on an ambitious infrastructure investment plan, committing MX$5.6 trillion (US$267 billion) to key sectors including energy, railways, and highways. Finance Minister Edgar Amador unveiled the “Development with Welfare Infrastructure Investment Plan,” emphasizing a focus on state control and equitable wealth distribution. Simultaneously, Claudia Sheinbaum reiterated Mexico’s support for Michelle Bachelet as Latin America’s nominee for UN Secretary-General, clarifying that while Alicia Bárcena was considered, Bachelet received the final backing.

Key Points:

  • Mexico will invest MX$5.6 trillion (US$267 billion) in infrastructure across eight key sectors.
  • 54% of the investment is earmarked for energy, followed by railways (16%) and highways (14%).
  • Infrastructure spending for 2026 is projected at 2.5% of GDP, with an additional MX$722 billion (US$34.7 billion) in complementary investments.
  • New projects will remain under state control, with public participation mandated at 54% in the electricity sector.
  • A Strategic Investment Planning Council, led by the president, will monitor progress and address obstacles.
  • Mexico supports Michelle Bachelet for UN Secretary-General, foregoing a potential nomination of Alicia Bárcena.

Key Takeaways:

  • Mexico’s significant infrastructure investment signifies a commitment to long-term economic development and modernization.
  • The emphasis on state control and equitable wealth distribution reflects a specific economic philosophy aiming to balance growth with social welfare.
  • Supporting Michelle Bachelet demonstrates Mexico’s engagement in international diplomacy and regional leadership.

    Read More