Mexico rolls out tax incentives for 15 economic development hubs, aiming to create 300,000 jobs

President Claudia Sheinbaum connected Thursday signed agreements with 14 governors to found the archetypal 15 Economic Development Hubs for Well-being (Podecobis), a cardinal facet of the government’s flagship Plan México policy. She besides announced important taxation incentives and plans for infrastructure projects to enactment hub development.

“Plan México is advancing; determination is simply a batch of coordination and unity successful our state with governors helping determination Mexico forward,” Sheinbaum said, according to a property release.

The authorities is offering infrastructure enactment and taxation incentives to beforehand the maturation of the caller economical improvement hubs. (Gobierno de México)

Plan México is an ambitious economical program whose goals see making Mexico the 10th largest system successful the world, reducing reliance connected imports from China and different Asian countries and creating 1.5 cardinal caller jobs.

During the signing ceremony, Sheinbaum said letters of intent signed by authorities governors show wide enactment crossed the country, adding that her administration’s archetypal extremity is to physique the infrastructure and concern parks indispensable to get the Podecobis, oregon hubs, up and moving quickly.

“One of Plan México’s cardinal pillars to fortify home and overseas concern is to signifier concern into clusters … of development, chiefly industrial, but besides services and tourism,” Sheinbaum said. “These improvement hubs volition pull concern from manufacturing and work companies, portion besides stimulating the operation of housing, schools and hospitals.”

The promotion of these hubs aims to forestall disorganized improvement processes that permission sources of employment acold from the places wherever workers live, Sheinbaum said, portion urging the governors to swiftly get done the reddish portion indispensable to found the hubs.

Los primeros 15 Polos de Desarrollo Económico para el Bienestar del Plan México permiten desarrollar industria, servicios y turismo, a través de inversión nacional y extranjera. Lo más importante es garantizar empleo, vivienda, escuelas y hospitales en todas las regiones. Es… pic.twitter.com/LQSsak5uNY

— Claudia Sheinbaum Pardo (@Claudiashein) June 27, 2025

The sites of the archetypal 15 hubs are: Seybaplaya, Campeche; Ciudad Juárez, Chihuahua; Durango city, Durango; Nezahualcóyotl, México state; Celaya, Guanajuato; Morelia, Michoacán; Ciudad Modelo, Puebla; Chetumal, Quintana Roo; ⁠⁠Topolobampo, Sinaloa; Altamira, Tamaulipas; Huamantla, Tlaxcala; Tuxpan, Veracruz; Hermosillo, Sonora; an country stretching from the Felipe Ángeles International Airport successful México authorities to Tizayuca, Hidalgo; and, the country known arsenic the Circular Economy of Hidalgo (near the metropolis of Tula).

Governors of the corresponding states — including 11 members of the ruling Morena party, 2 from the National Action Party (PAN) and 1 from the Institutional Revolutionary Party (PRI) — signed a missive of intent, demonstrating their enactment for the project.

Sheinbaum said this is conscionable the archetypal signifier of the Podecobis program. “We volition proceed moving with different states and their governors successful regions that are arsenic important (to Mexico’s development),” she said.

Economy Minister Marcelo Ebrard said the precedence of the hubs is to ore the efforts of national and authorities authorities to boost economical enactment and beforehand shared prosperity. The authorities expects the 15 hubs to make astir 300,000 jobs.

Over a twelve governors from astir large governmental parties signed the missive of intent to motorboat the economical improvement hubs successful their states. (Juan Carlos Buenrostro/Presidencia)

The hubs purpose to foster territorial improvement passim the country, nexus productive processes, enactment tiny and medium-sized enterprises (SMEs) and summation nationalist content. The hubs besides aspire to conscionable the environmental, earthy resource, vigor and infrastructure requirements recovered successful antithetic parts of the country.

The strategy is implemented geographically done economical improvement corridors wrong which the hubs are concentrated. These determination corridors are designed to pull concern aligned with section strengths, portion the hubs are defined areas wherever the authorities offers taxation incentives to facilitate concern growth. These initiatives are aimed astatine cardinal sectors including automotive, aeronautics and pharmaceuticals.

The incentives for investing successful the Podecobis, Ebrard explained, see a 100% contiguous deduction connected concern successful caller fixed assets, a 25% deduction for grooming programs and an further 25% deduction for supporting probe and improvement initiatives.

Ebrard said the initiatives are aimed astatine cardinal sectors including automotive, aeronautics, pharmaceuticals, agribusiness, user goods, electronics and semiconductors, energy, chemicals and petrochemicals, textiles, footwear and the circular economy.

With reports from El Economista, Eje Central and El Universal