# Mexico Finance Ministry Seeks Afore Investment for Infrastructure Plan

Officials encourage pension funds to support long-term national development projects without mandatory requirements.

- **Source:** [Expansión](https://expansion.mx)
- **Published:** 2026-11-10
- **Topic:** [Finance](https://brifing.si/c/finance)
- **Original article:** <https://expansion.mx/economia/2026/11/10/secretaria-de-hacienda-busca-mayor-inversion-en-plan-mexico-y-las-afores-jugarian-un-papel-relevante>
- **On Brifing:** https://brifing.si/s/35cd1b7f-bcc6-4613-9b6f-e0c787443b33

## Strategic Investment Goals

Secretary of Finance Edgar Amador Zamora aims to increase public and private investment to over 25 percent of GDP by 2026. The target is to surpass 28 percent by 2030. These ambitious figures are central to the Plan Mexico initiative, which focuses on long-term national development and enhanced economic competitiveness.

## Role of Pension Funds

Afores, the primary institutional investors in Mexico, are being courted to support this growth. With over 9 trillion pesos under management, these pension funds possess the long-term horizon necessary for infrastructure projects. Officials view the alignment of pension savings and large-scale construction as a natural partnership for national development.

## Current Market Participation

Pension funds currently allocate approximately 8 percent of their total assets into infrastructure through structured financial vehicles. The government intends to expand this participation by identifying new opportunities in energy, housing, and transport sectors. This shift aims to translate domestic savings into tangible productive capacities and high-quality job creation.

## Regulatory Safeguards Remain

The government clarified that the Law for the Promotion of Investment in Strategic Infrastructure does not mandate Afores to participate. Each project must still undergo rigorous financial, legal, and operational risk assessments. These protections ensure that the retirement savings of workers remain secure while exploring new, viable investment options.

## Strengthening Capital Markets

Amador Zamora encouraged funds to utilize Fibras and CKDs to consolidate a more robust capital market. By diversifying investment vehicles, the administration hopes to create better opportunities for pension managers. This approach seeks to keep a larger proportion of resources generated within Mexico to fuel internal growth and stability.

## Performance and Savings

Data from Consar indicates that the 9 trillion pesos managed by Afores are significantly bolstered by market performance. Specifically, 58 percent of these total assets originate from accumulated returns. This strong financial foundation provides the necessary liquidity to support large-scale infrastructure projects without compromising the long-term security of savers.

## Infrastructure as Priority

The Plan Mexico initiative prioritizes sectors fundamental to national competitiveness, including energy, housing, and industrial development. By directing institutional capital toward these areas, the government hopes to build a more resilient economic framework. This strategy relies on voluntary participation rather than state-led mandates, respecting the fiduciary duties of managers.

## Future Economic Outlook

The success of this initiative depends on the ability of pension funds to identify profitable projects that align with their risk profiles. As the government pushes for higher investment ratios, the interaction between public policy and private institutional capital will be critical. The ultimate goal is sustainable, long-term national economic expansion.

## Sources covering this story

- https://expansion.mx/economia/2026/11/10/secretaria-de-hacienda-busca-mayor-inversion-en-plan-mexico-y-las-afores-jugarian-un-papel-relevante — 

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_Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._
