en.Wedoany.com Reported - The Mexican government is strengthening cooperation with several global asset management firms to attract private capital for infrastructure projects and is working to establish an institutional framework to channel fund inflows, aiming to accelerate the pace of new investments.
In June, Mexican officials held a seminar with representatives from BlackRock, KKR, Copenhagen Infrastructure Partners, Mexico Infrastructure Partners, and Alom Infra to discuss the design of future investment structures, rather than specific project portfolios. Energy and highway projects were identified as short-term priorities.
Since early 2025, the government has attempted to engage with institutional investors and pension funds but has yet to establish the special-purpose entities needed to attract large-scale private investment. A recent rebound in private investment in the power sector suggests the strategy is beginning to show results.
Finance Minister Edgar Amador had breakfast with representatives of the pension fund management entities (Afores), which manage approximately $500 billion in assets and are seen as a potential source of financing for long-term projects.
Guillermo Zamarripa, President of the Mexican Pension Fund Association (Amafore), stated that pension savings have a long-term horizon and are suitable for financing well-structured infrastructure projects. He also noted that such investments help achieve diversification and provide reasonable returns, and that Mexico needs this type of infrastructure investment.
BlackRock, KKR, Copenhagen Infrastructure Partners, and Mexico Infrastructure Partners declined to comment on the meeting, while Alom Infra confirmed its participation in the seminar but provided no further details.
Ernesto González, Mexico Director of Macquarie Asset Management, viewed the meeting as generally positive, as it gave asset managers the opportunity to discuss infrastructure investment directly with the government. He emphasized the importance of establishing a cooperative framework and noted that a stable regulatory environment and arbitration procedures for dispute resolution are crucial for attracting and retaining the investments needed to drive large-scale infrastructure projects.
Streamlining the approval process for proposals proactively submitted by the private sector to shorten approval times was also among the topics discussed. Additionally, differences remain over the types of projects that can attract institutional investors such as pension fund managers, who are less willing to participate in greenfield or early-stage development projects and prefer a mix of mature assets and new developments.
Congress has passed legislation promoted by Claudia Sheinbaum's administration to simplify approvals for large-scale infrastructure projects. In June, the Federal Electricity Commission completed its first tender under its new renewable energy hybrid investment plan, aiming to add 7,411 megawatts of generation capacity. The government's more open attitude toward private investment marks a departure from the previous administration, and market participants view it as a positive signal for new project development.
