President Claudia Sheinbaum met this Wednesday with businessmen who are members of the World Economic Forum, to whom she presented the Mexico Plan, which seeks to strengthen the national industry and the internal market.
The president received a group of businessmen from 17 member countries of the World Economic Forum at the National Palace, as detailed by the Mexican Government in a statement.
During the meeting, Sheinbaum presented “the optimism” of his Government “in its relationship with its trade partners in North America, the United States and Canada,” the note noted.
In addition, the president detailed the objectives of Plan Mexico, with a view to strengthening the internal market and wages, as well as public and private investment.
The initiative of the Government of Mexico also aims to increase food and energy sovereignty and national production, “reducing imports with countries with which it does not have a trade agreement,” the statement added.
Among other actions, Plan Mexico seeks to strengthen the country’s connectivity with more rail, road, airport and port infrastructure.
Another specific objective is the electrical generation of 26,000 megawatts, through the Federal Electricity Commission (CFE), with “a complement of private investment for energy, as well as 158 projects for transmission.”
Sheinbaum also highlighted the goal of establishing a production framework for Pemex of 1.8 million barrels of hydrocarbons per day, in addition to “developing more natural gas.”
Read: SAT seeks capital repatriation to help finance Plan Mexico
Likewise, Sheinbaum’s government plans to invest in water projects such as the modernization of agricultural irrigation, build 1.7 million homes in the next six years, and create 200,000 new enrollments in upper secondary education and 330,000 in higher education.
The Mexico Plan was presented at the beginning of April by Sheinbaum, in response to President Trump’s tariffs, and consists of 18 points to strengthen national industry and investment, energy and food sovereignty, and substitute imports.
This strategy is the government’s main commitment to articulate private investment with social development and sustainability, in order to position the country among the ten most important economies in the world.
The World Economic Forum (WEF) is a private and international organization that brings together business, political, intellectual and social leaders to discuss and address global challenges through public-private cooperation, and whose most important meeting is the Davos Forum (Switzerland).
With information from EFE
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