Mexico

Mexico

Launched Plan Mexico, a strategy to attract $100 billion per year in foreign investment

21 Jan 2025

On 13 January 2025, the Government launched Plan México: Strategy for Equitable and Sustainable Economic Development for Shared Prosperity, with the objective of strengthening the country’s integration into global value chains, promoting nearshoring and attracting $100 billion per year in foreign direct investment. The plan sets economy-wide targets and identifies priority sectors, including automotive, semiconductors, pharmaceuticals, chemicals, energy, aerospace, agro-industry, consumer goods, transport, water, textiles and tourism. It also includes quantified commitments, such as $10 billion in semiconductor investment relocation.

To support the implementation of Plan México, on 20 January 2025, the Government issued a decree granting fiscal incentives, aimed at fostering new investment, strengthening dual education and promoting innovation. The decree introduces fiscal incentives for a total of 30 billion pesos ($1.5 billion), applicable through 30 September 2030, without restriction by sector or company origin. The measures include:

  • Allow accelerated depreciation ("immediate deduction") of investments in new fixed assets, with deduction rates ranging from 35 to 91 per cent, depending on the type of asset and economic activity, for a total of 28.5 billion pesos (approximately $1.4 billion);

  • An additional deduction of 25 per cent on increased expenditure in dual education and innovation amounting to 1.5 billion pesos (approximately $75 million), conditional upon the conclusion of collaboration agreements with the Ministry of Public Education.

In addition, on 22 May 2025, the Government issued a further decree introducing a 100 per cent immediate deduction for investments in new fixed assets and a 25 per cent additional deduction for increased expenditure on training and innovation in the Polos de Desarrollo Económico para el Bienestar (2025–2030). These designated areas aim to promote economic activity through coordinated investment, infrastructure and fiscal incentives, in accordance with guidelines set by the Secretariat of the Economy.

  

Nature of measure:
  • Promotion
  • Incentives
Type:
  • Promotion and facilitation (Investment incentives, Investment promotion, Special economic zones)
Industry:
  • Not industry specific
  • Manufacturing (Manufacture of food products, beverages and tobacco products, Manufacture of textiles, wearing apparel, leather and related products, Manufacture of coke and refined petroleum products, Manufacture of chemicals and chemical products, Manufacture of basic pharmaceutical products and pharmaceutical preparations, Manufacture of computer, electronic and optical products, and electrical equipment, Manufacture of transport equipment)
  • Services (Electricity, gas, steam and air conditioning supply, Water supply, sewerage, waste management and remediation activities, Transportation and storage, Accommodation and food service activities)
Inward FDI:
Yes
Outward FDI:
No
Sources: