Introduction to Claudia Sheinbaum Pardo and Her Role
Claudia Sheinbaum Pardo, the President of Mexico City, has announced a new public investment scheme aimed at fostering economic growth while ensuring social well-being. As the head of Mexico City’s government, Sheinbaum Pardo plays a crucial role in shaping the city’s development and addressing its residents’ needs.
The New Investment Scheme: Objectives and Focus
During a federal executive press conference, Sheinbaum Pardo emphasized that economic growth should not be measured solely by macroeconomic figures but rather by its direct impact on people’s quality of life.
“The goal is not just growth, but well-being,” she stated, explaining that increased public investment is essential to stimulate private investment and strengthen various economic sectors.
Collaborative Efforts and Project Selection
Sheinbaum Pardo held a working meeting with the Secretariat of Finance and infrastructure-related departments, such as the Secretariat of Infrastructure, Communications and Transportation, the Secretariat of the Navy, the Secretariat of National Defense, as well as key areas like water, energy, oil, and electricity. This collaboration aimed to define projects that would be part of the investment scheme.
Linking Economic Growth to Improved Labor Conditions
The President highlighted that while projects like the Plan Mexico and Development Poles aim to attract capital and generate economic growth, the primary challenge is ensuring this growth translates into better working conditions.
Sheinbaum Pardo advocated for wage increases, considering them crucial for a more equitable wealth distribution. She argued that higher salaries enable fairer distribution of production and sales profits among workers and capital owners.
Recent Investment Trends in Mexico
In November last year, Marcelo Ebrard Casaubón, the Secretary of Economy, announced a record-breaking foreign direct investment (FDI) figure alongside sustained export growth.
Ebrard Casaubón detailed that Mexico would close the last quarter of 2025 with nearly $41 billion in FDI, the highest amount ever recorded for a comparable period.
“Compared to 2024, FDI grew by 15%. All expectations were for no growth… The investment pace signifies that investors worldwide are choosing to invest in Mexico more than anticipated,” he said during the press conference on November 19.
Key Questions and Answers
- Who is Claudia Sheinbaum Pardo? Claudia Sheinbaum Pardo is the President of Mexico City, responsible for overseeing the city’s development and addressing its residents’ needs.
- What is the new public investment scheme? The new scheme aims to boost economic growth while ensuring social well-being through increased public investment, focusing on formal employment, better wages, and social security.
- Why is linking economic growth to labor conditions important? Linking economic growth to improved labor conditions ensures that the benefits of growth are distributed more equitably among workers and capital owners.
- What recent investment trends has Mexico experienced? Mexico has seen record-breaking foreign direct investment and sustained export growth, with FDI expected to reach nearly $41 billion in the last quarter of 2025.
