Overview
- Mexico’s new infrastructure law, published April 9 in the federal gazette, is now in force and aims to mobilize up to 5.6 trillion pesos in projects through 2030.
- The statute creates an intersecretarial Council chaired by the president to label priority works and approve who can participate, turning project selection and greenlights into a single-window process.
- It sets three ways to partner with the state—long-term contracts, mixed equity investment, and sector-specific schemes—and allows special-purpose vehicles to raise money, including by issuing debt.
- Projects should be awarded through open tenders that pick the best deal for the state, with narrow exceptions, and any agreed arbitration must use Mexican federal law in Spanish with strict-law rules.
- Key rules are still pending as the Executive has 180 days to issue regulations and 120 days to install the Council, while economists and watchdogs warn that letting approvals start without full funding invites discretion and weakens budget discipline.