La Jornada: Mercado Libre announces investment of 4.6 billion dollars in the country this year

Within the framework of the announcement by the Mercado Libre company that it will invest 4.6 billion dollars this year in order to strengthen technological processes to expand its offer, President Claudia Sheinbaum maintained that there is confidence in the Mexican economy. He highlighted that this is reflected not only in the attraction of investments but also in the behavior of the various economic variables.

He recalled that in the last Inegi report on inflation in Mexico, it was placed at 3.9 percent, based on the actions that were taken to contain it. Among them, he highlighted the control of the price of Magna gasoline and diesel; the extension of the Package Against Inflation and Famine, as well as the negotiations with tomato producers.

During the conference, the progress in the formation of the Presidential Office for the Promotion of Investments was presented, about which Sheinbaum indicated that in the first instance it will serve capitals exceeding 2 billion pesos, although the projection is that this amount will gradually be reduced to expand the universe of companies served through this channel. Regarding the Mercado Libre announcement, he highlighted that it is part of the trust that exists in Mexico, legal certainty, which is why he predicted more investments.

The Undersecretary of Industry and Commerce of the Ministry of Economy, Ximena Escobedo, explained that this office is to accelerate the investment procedures so that they are granted within a period of no more than 30 days; advise and accompany companies all the way in order to make the resolution of their procedures much more efficient and faster. This will be from a committee headed by the Ministry of Economy and the Digital Transformation Agency.

In principle, he added, it is intended that these investments be in one of the development poles, that is: in the poles of the Navy, the Isthmus or those of the Ministry of Economy; that are projects that have an amount equal to or greater than 2 billion pesos or that are linked to strategic sectors, within the framework of Plan Mexico: energy, technological infrastructure, chemical, electronic, textile, semiconductors, aerospace, devices, pharmaceutical and automotive.

The general director of Mercado Pago in Mexico, Pedro Rivas Butcher, announced an investment of 4.6 billion dollars to strengthen the technology of this digital commerce platform and collection system, which will generate 8,500 new jobs. Thus, this company of Argentine origin will now have a workforce in Mexico of 42 thousand workers.

Rivas explained that this investment exceeds by 35 percent the amount they allocated in 2025 for the same purpose and added that one of the central objectives of these investments is to strengthen technological development with “innovations in market­place of electronic commerce and the Mercado Pago scheme, which is the most downloaded application.”