Sheinbaum meets Goldman Sachs leadership to discuss Plan México investment opportunities
President Claudia Sheinbaum and Finance Minister Edgar Amador hosted Goldman Sachs President and Chief Operating Officer John E. Waldron at the National Palace on Tuesday to discuss investment opportunities under Mexico's ambitious Plan México economic initiative.
The high-level meeting focused on Mexico's favorable perception in international markets and the investment opportunities presented by the government's flagship industrial policy, which targets $100 billion in annual foreign direct investment as part of its core objectives.
Plan México seeks to transform the Mexican economy through a comprehensive strategy that includes creating 1.5 million new manufacturing jobs, reducing imports from Asia, and raising total investment to 28% of GDP by 2030. The plan also aims to elevate Mexico from its current position as the world's 12th or 13th largest economy into the top 10 globally while alleviating poverty and creating more specialized employment opportunities.
Tax incentives driving investment momentum
A key component of Plan México's appeal to international investors includes immediate tax deductions ranging from 41% to 91% on new fixed-asset investments made during 2025 and 2026, valid through September 2030. These fiscal incentives form part of the policy framework designed to accelerate nearshoring and industrial development.
The timing of the Goldman Sachs meeting reflects growing investor momentum in Mexico. The country attracted approximately $41 billion in foreign direct investment in 2025, followed by a record $23.6 billion in the first quarter of 2026 alone. This surge in capital inflows has positioned Mexico as an increasingly attractive destination for global investors seeking alternatives to Asian manufacturing.
Mexico's rising profile among international investors was further confirmed by its climb from 25th to 19th place in Kearney's 2026 Foreign Direct Investment Confidence Index, marking one of the largest gains globally and supporting the government's narrative of improved market perception.
Building on previous investment commitments
The meeting with Goldman Sachs follows similar high-level discussions earlier this year. In March 2026, President Sheinbaum announced that Mexican business groups had proposed nearly $100 billion in investments for the coming years following meetings with domestic business leaders, demonstrating strong domestic and international appetite for Mexican investment opportunities.
In a post on her official X account, Sheinbaum shared a photograph of Tuesday's meeting and explained that discussions centered on the country's favorable perception in international markets and the investment opportunities offered by Plan México. However, no specific details regarding investments, particular projects, or formal agreements were disclosed following the meeting.
Goldman Sachs has maintained operations in Mexico since 1994, participating in debt and equity transactions as well as mergers and acquisitions involving both private companies and public entities. The firm's continued engagement with Mexican leadership signals sustained interest in the country's economic development trajectory.
Questions about plan's progress
While the meeting highlighted Mexico's investment appeal, some analysts have questioned whether Plan México's ambitious goals are on track. The think tank México ¿cómo vamos? published a report earlier this year that found stagnant economic growth and job losses in some manufacturing sectors, though it noted improvements in poverty reduction.
The organization concluded that Mexico can advance toward achieving these goals by providing greater legal certainty, openness to investment in the energy sector, and a more robust rule of law. Against this backdrop, Sheinbaum's dialogue with Goldman Sachs served as an opportunity to promote the country's economic potential to one of the world's leading investment banking firms.
