Mexico Announces 190 Billion Peso Investment Plan to Develop Veracruz State
2026-06-15 15:39
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en.Wedoany.com Reported - The Mexican federal government has announced an investment plan of 190 billion pesos (approximately $10.93 billion) for the development of the state of Veracruz through 2030, aimed at revitalizing the petrochemical and fertilizer industries while advancing road, water, and healthcare infrastructure projects. The strategic plan designates Coatzacoalcos as a core hub to drive the state's transformation into a key industrial and logistics center in southeastern Mexico.

Mexico promotes growth of Veracruz, Progreso ports and FIBRA

In the infrastructure and real estate sector, Mexico's FIBRA industry has surpassed 1 trillion pesos in asset value, approaching 4% of the country's GDP, with related asset area reaching nearly 32 million square meters. This data was disclosed at the FibraDAY 2026 event.

The expansion project of the Port of Progreso in Yucatán continues to advance, with authorities issuing new tenders for dredging works and the construction of a 40-hectare northern platform. The project aims to enhance the port's role as a logistics gateway for southeastern Mexico.

In the real estate market, host cities for the 2026 FIFA World Cup in Mexico have seen significant housing price increases, with Guadalajara and Monterrey recording the largest gains among all venue cities since the tournament was awarded in 2018, rising by 44%.

Additionally, Fibra E (FEXI), under Mexico Infrastructure Partners, raised approximately 4.3 billion pesos (about $247.44 million) through its first global follow-on securities offering. The financing was used to strengthen the capital structure, following the expansion of its toll road portfolio, including the Salamanca-Leon highway in Guanajuato state.

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