SICT INVESTS MX$352 BILLION TO COMPLETE 541 INFRASTRUCTURE PROJECTS

• Jorge Nuño, head of the Ministry of Infrastructure, Communications, and Transport (SICT), informed that the Ministry would direct MX$352 billion (US$19.5 billion) to conclude 541 infrastructure works.

• In addition, he communicated the main actions and projects that the current administration would deliver at the end of the current government.

• Among the main achievements, the connectivity system to Felipe Ángeles International Airport (AIFA) and six railway projects stood out.

• These works include 30 highways, 51 construction projects, modernization of federal highways, 52 rural and feeder road projects, and 405 artisanal labor roads to municipal capitals. These projects would benefit over 47 million people.

Source: SICT

Press Realese

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Mexico’s Sustainable Taxonomy Presentation Event

The Ministry of Finance and Public Credit (SHCP) presented Mexico’s Sustainable Taxonomy that aims to promote investment in economic activities that reduce socioeconomic gaps and protect the environment within the country.

  • The Sustainable Taxonomy of Mexico is a financial public policy tool aimed to promote investment in economic activities that reduce socioeconomic gaps and protect the environment in the country.
  • The Mexican Sustainable Taxonomy is a unique initiative worldwide, as it is the first to consider social objectives in its design, prioritizing gender equality as a primary objective.

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Sustainable Taxonomy of Mexico

Sustainable Finance Mobilization Strategy

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Banobras successfully placed three bonds in the local debt market

The National Bank of Public Works and Services (Banobras) successfully placed three bonds in the local debt market, two of them sustainable with a gender perspective.

  • The resources obtained from the Sustainable Bonds with Gender Perspective Framework will be allocated to projects that are impactful for women, girls and teenagers; as well as high social impact environmental conservation initiatives.
  • The resources of the Traditional Bond will be used for the development of infrastructure and public services in strategic sectors, particularly in the face of Nearshoring trends.
  • With this issuance, the Bank consolidates its position as the leading issuer of thematic bonds.

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