The main projects of President Claudia Sheinbaum’s Plan Mexico are advancing at a “fast pace” in some cases, such as the new train routes. However, they don’t necessarily have the best business plan. Nevertheless, they are another window of opportunity to generate employment and ensure the flow of resources, with all that this implies for the economy.
That’s why the World Bank’s analysis is interesting, recommending that governments invest efficiently. If they do so and have the margin to spend on properly selected and implemented projects, they can increase GDP by 1.6 percent in the medium term for every 1 percent increase in public investment relative to GDP.
What we must pay attention to is that the effectiveness of public investment depends on its efficiency and the existence of adequate fiscal space. If a government has room to spend without compromising its fiscal sustainability, and public investment projects are selected and implemented correctly, growth is practically guaranteed. This is where the Federal Government should perhaps focus on the development and implementation of the many plans it has, which, as seen with some projects from the previous six-year term, only cost more than they actually contribute.
Boosting productivity, creating new jobs, and reducing poverty should be part of each project’s plan, in addition to improving the quality of life of those governed; it’s a complicated combination, considering that some are highly concentrated in specific areas.
For the World Bank, it is clear that as governments increase their debt, investment projects are restricted. Therefore, the efficient use of scarce resources becomes important to achieve the macroeconomic benefits inherent in public investment.
Given the current situation, Mexico undoubtedly has a large number of investment opportunities that can be used on several fronts and that are needed, from improving roads—to take advantage of the arrival of international companies that move large quantities of goods or tourism—to the construction of better deep drainage and wastewater treatment facilities or the implementation of high-security prisons with all the necessary conditions to contribute to the fight against crime that is now underway and that is needed to regain the trust of the business sector and its neighboring United States. The list of opportunities is extensive, and the World Bank’s analysis can be of great help in making better investment decisions.
As we anticipated, it was Citi—led by Jane Fraser—who sought out and showed Fernando Chico Pardo the advantages of being the “anchor” investor and acquiring 25 percent of Grupo Financiero Banamex, as confirmed at the conference by the new head of the Mexican group, who received the information and the advantages to lead this new financial venture.
Citi’s operation has been closely followed by Ernesto Torres Cantú, who was at the helm of the Mexican group for several years and now holds the position of International Director of Citi, one of the most important positions in the international group. Together with the White and Case firm and Narciso Campos, they have finally completed this first part of the process.
What’s interesting is the call for more Mexican entrepreneurs who are interested in entering the banking business or investing in Banamex—whether due to tradition or history—to take advantage of the opportunity to also purchase shares directly. This would allow them to have better business advice through this channel and send a smaller percentage to the market via the IPO.
For now, the main work to be done in this new era is to improve the financial group’s technology and platforms. It’s true that, while they have made important improvements, dependence on Citi has prevented more profound modifications. As the financial group’s incoming president acknowledged, the focus will be on technology.
As we reported, the complaints against the directors and founders of XY Booster, XY Properties, and their subsidiaries have not only made progress in some cases, but given the growing number of defaults and the fact that many did not receive their “invested” money in September, the law firm Buergo Gómez Abogados, S.C., is now seeking to address the issue. joins the defense of those allegedly defrauded.
It is already preparing a class-action complaint against the companies, after receiving multiple testimonies from people who claim to have been victims of alleged acts of financial fraud. Therefore, it will seek to form a united front of those affected with the goal of filing complaints with local and federal authorities, given that the events could constitute crimes under both common and federal law.
It is estimated that XY Booster has captured up to 2 billion pesos from individual investors by promising monthly returns of 4 to 12 percent, and even annualized rates exceeding 20 percent, attracting thousands who were lured by the siren call.
The Condusef (National Commission of Consumer Protection), led by Oscar Rosado, has already warned of these frauds and is warning citizens: if they seem too good to be true and offer returns far above the market, something is wrong, and it is certainly a fraud in progress. These cases occur in different parts of the country, so be alert and educate yourself before depositing money in unregulated companies or institutions. This information can be easily verified on the Condusef website and the National Banking and Securities Commission (CNDUSEF).
The accusations against XY Booster have multiplied on social media and digital forums, where clients and former employees describe practices such as executive evasion, constant changes in tax domiciles, and sudden office closures. Hopefully, the class action announced by Buergo Gómez Abogados will allow the victims to give greater legal force to their claims and prevent the case from going unpunished. Good luck to everyone.
Although rarely seen at events or interviews with Secretary of Tourism Josefina Rodríguez Zamora, this industry is one of the most noble and attractive for Mexico, as tourists and investment continue to arrive, especially considering the upcoming World Cup in 2026.
In Mexico, 473 projects are planned across 26 states, totaling a combined $22 billion, according to the Tourism Investment Portfolio report, as of September 2025.
This represents a 67 percent increase in the number of projects and a 53 percent increase in investment, compared to the first version of the Portfolio, released last April, demonstrating the growing interest in the smokestack-free industry.
The states with the highest estimated investment are Nayarit with $5.52 billion, equivalent to nearly a quarter of the total investment; Guerrero with $2.547 billion, mostly for Hurricane Otis recovery; Hidalgo, with 2,411; Jalisco, with 1,971; and Quintana Roo, with 1,901. It’s an interesting mix, since only one is a World Cup host.
Source: elfinanciero
