CCE: Mexico’s streamlined investment process has spurred US $3.5B in new business
According to José Medina Mora Icaza, president of the Business Coordinating Council (CCE), a package of measures launched in May to cut red tape for investors has borne fruit for Plan Mexico. The post CCE: Mexico’s streamlined investment process has spurred US $3.5B in new business appeared first on Mexico News Daily
Measures introduced by the federal government in May to streamline investment in Mexico have proven successful, according to José Medina Mora Icaza, president of the Business Coordinating Council (CCE). Following a meeting on Friday with government-private sector liaison Altagracia Gómez and Mexico's Ambassador to the United States Roberto Lazerri, the CCE head revealed that the measures have attracted investments totaling more than $3.5 billion.
Medina Mora spoke to reporters in Mexico City, stating that an announcement will soon follow, as the investment authorizations have already exceeded $3.5 billion. He did not disclose specific details about the planned projects, but confirmed that the money will come from both Mexican and foreign investors.
This development follows President Claudia Sheinbaum's announcement in May of a package of measures as part of the Plan Mexico framework. These measures aim to accelerate investments, particularly large and strategic ones, by shortening authorization times, simplifying bureaucratic procedures, and enhancing regulatory certainty.
The federal government has a 30-day deadline to approve or reject strategic projects exceeding 2 billion pesos (approximately $117 million) in industries such as electronics, pharmaceuticals, aerospace, energy, and technology, with a 90-day period for other sectors. Medina Mora praised the federal government's investment committee for its efficiency, noting that the group meets weekly and approves projects quickly.
One of the Plan Mexico's 13 goals is to reduce the average time between an investment announcement and project execution from 2.6 years to one year. Sheinbaum's administration has also prioritized rapid investment approval. Economic growth rebounded in the second quarter of 2026 after a decline in the first three months of the year, with Mexico receiving a record-high foreign direct investment of nearly $23.6 billion in the first quarter of 2026, marking a 10.4% increase compared to the same period last year.
Medina Mora also expressed support for large-scale fracking as a potential investment opportunity, despite a recent assessment recommending against its use in the Tampico-Misantla basin. Sheinbaum has ruled out fracking in Mexico's primary shale basin but acknowledged that the technology could offer competitive advantages and boost domestic natural gas production if implemented safely and responsibly.
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