The visible hand
A deep dive on Plan México and Claudia Sheinbaum's economic ambitions
Welcome to a deep dive edition of The Mexpatriate.
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“The goal is to keep making Mexico the best country in the world…Mexico has a plan, and is united in moving ahead.”
On Jan. 13, just over 100 days into her term, President Claudia Sheinbaum presented her economic development plan for 2025-2030 at the Museo Nacional de Antropología in Mexico City.
Plan México is ambitious in scope and goals—among its aims is to create 1.5 million additional manufacturing jobs, make Mexico the world’s 10th largest economy and build 100 industrial parks. The plan touts a national and international investment portfolio of US $277 billion.
“...At least on paper, this is the boldest industrial policy seen in the last four or five decades in Mexico,” according to analyst Mario Campa.
Plan México has brought “industrial policy” back into the national conversation.