Yucatán Bets on Private Capital

State Governor Joaquín Díaz Mena announced Yucatán’s plan to boost infrastructure through public projects incorporating private funding, with the aim of sustaining the economic growth the state has experienced in recent years.

At the “Va por Yucatán” forum, organized by Banco Multiva, the governor emphasized the importance of collaboration between the public and private sectors to carry out large-scale projects. Meanwhile, Pau Messeguer Gally, Multiva’s chief economist, discussed the state’s economic growth and opportunities to further expand its economic activity.

“To grow, we need infrastructure (…) For us, investment is not an end in itself. We want it to translate into formal employment, better wages, and well-being for the families of Yucatán,” Díaz Mena told representatives of the business sector.

According to Messeguer, Yucatán’s economy grew at an annual rate of 4% in the second quarter of 2026, twice the 2% growth rate recorded by the national economy.

“What we’re seeing is, as I mentioned, consistency—many years of economic growth,” explained the economist, who emphasized the importance of taking advantage of the state’s productive capacity to expand its markets.

For his part, Jorge Ermilo Barrera Novelo, Yucatán's Secretary of Economic Development, the state’s strategy seeks to prepare local businesses to overcome economic challenges while improving their competitiveness and access to markets.