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Walmart and Pharma Firms Commit $6.5 Billion to Sheinbaum’s Plan México

Mexico is consolidating Walmart’s renewed multi-billion-dollar pledge together with $560 million in pharmaceutical investments under its 18-point strategy to strengthen domestic production.

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Overview

  • President Claudia Sheinbaum met with Walmart CEO Doug McMillon at Palacio Nacional on August 5 to secure the company’s commitment to integrate into Plan México.
  • Walmart’s pledge builds on Ignacio Caride’s earlier announcement of over $6 billion in investments across 2025, including new stores, distribution centers and 5,500 direct jobs.
  • Four pharmaceutical companies have unveiled more than $560 million in projects aimed at boosting Mexico’s self-sufficiency and domestic drug manufacturing.
  • The government is now aggregating these private commitments under Plan México’s 18-point framework to reduce import reliance and enhance national industry, energy and food sovereignty.
  • Plan México sets ten targets for 2030, notably a 15% increase in national content within global value chains of key sectors such as automotive, electronics and aerospace.