Mexico Announces US$105 Million Investment in Puebla

Mexico's federal government unveiled a US$105 million investment in the San Jose Chiapa industrial cluster in the state of Puebla, with the possibility of generating over 5,000 jobs. The cluster covers 217ha, divided into five zones, with completed industrial and urban infrastructure, including water, sewage, telecommunications and highway links to the Valley of Mexico and Gulf ports.

The project is part of President Claudia Sheinbaum’s Plan México, a national initiative to channel investment through clusters that combine industry with housing, services and job creation in areas with adequate energy and environmental conditions. The plan is set to begin with 15 hubs nationwide.

Minister of Economy Marcelo Ebrard said investors in the Puebla cluster will receive incentives, such as a 100% immediate deduction on new fixed assets and additional deductions of 25% for worker training and research and development. “It is a massive fiscal support that will facilitate these investments,” he said.

The new hub will be built on the San José Chiapa cluster, where currently Audi México operates with a US$1.3 billion 460ha plant employing more than 5,000 people. Other companies with projects in the area include Energain de México, Motores Limpios, Peisa Foods, and Hartmann & Molpack.

Puebla Governor Alejandro Armenta announced the state will invest more than MX$600 million (about US$30 million) in a new power substation to guarantee electricity supply for the next 50 years, along with improvements to water systems and highways. Housing is also underway, with 1,160 apartments being built by the National Housing Commission for local workers.

The cluster will connect with the Interoceanic Train, as well as with seven states and 12 private industrial parks. Officials said it will also support projects in electromobility, semiconductors, supercomputing, satellites and solar panel manufacturing, aligning Puebla with global trends such as electric vehicles and artificial intelligence.

Ebrard added that Sheinbaum will soon announce the location of a new national electric vehicle plant, noting that at least six states are competing for the project. The federal government expects to attract US$45 billion in investments by the end of 2025, with the new industrial hubs playing an important role in capturing these investments.