Banobras issued 13 billion MXN through three bonds

The transaction received demand totaling 17.652 billion MXN, equivalent to 1.36 times the amount issued.

In accordance with the 2024 Annual Financing Plan, the National Works and Public Services Bank (Banobras) successfully issued three traditional bonds: BANOB 24-2, BANOB 24-3, and BANOB 24U, in the debt market, for a total of 13 billion MXN.

The net proceeds from these bonds will be allocated to the financing and refinancing of infrastructure projects that contribute to generating development and shared prosperity.

Source: Banobras

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AIFA, recognized as one of the most beautiful airports in the world

General Gustavo Ricardo Vallejo Suárez, commander of the Agrupamiento de Ingenieros “Felipe Ángeles”, receives on behalf of Mexico the Prix Versailles 2024, recognition that positions the @aifaaero among the six most beautiful airports in the world.

Source: https://x.com/GobiernoMX
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Source: Prix Versailles
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AIFA

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Investment of 157 billion pesos in 2025 for the construction of passenger trains

More than 3 thousand kilometers of railway lines

  • Phase 1 of 786 km: It includes the sections AIFA-Pachuca (54 km); Mexico-Querétaro (242 km); Saltillo-Nuevo Laredo (306 km) and Querétaro-Irapuato (184 km), whose works will begin in 2025.
  • Phase 2 of 910 km: Querétaro-San Luis Potosí (263 km); Mazatlán-Los Mochis (441 km) and Irapuato-Guadalajara (206 km).
  • Phase 3 of 1,145 km: Guaymas-Hermosillo (135 km); Guadalajara-Tepic (204 km); San Luis Potosí-Saltillo (444 km) and Los Mochis-Guaymas (362 km).
  • Phase 4 of 552 km: Tepic-Mazatlán (275 km) and Hermosillo-Nogales (277 km).

 

Trenes-estrategia

Source: Presidency of the Republic

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The Regional Economic Development and Relocation Advisory Council was presented

The CADERR has the main task of promoting and implementing the National Relocation Strategy

  • It is made up of 15 businessmen and women from different sectors: energy; tourism; infrastructure; electromobility and automotive; chemical; financial; construction; medical devices and pharmaceutical; commerce; education; electronics; logistics; agroindustry; information technology; textile; and mining.

Source: Presidency of the Republic

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HR Ratings ratifies Mexico’s credit rating at BBB+

  • The rating agency highlighted the Mexican Government’s commitment to reducing the fiscal deficit for next year, as presented in the 2025 Economic Package. The change in outlook responds to lower growth expectations and the challenges associated with fiscal consolidation.
  • Mexico maintains its investment grade with the eight rating agencies that evaluate its debt. During 2024, all of them have ratified the rating of Mexican sovereign debt, reflecting confidence in the country’s macroeconomic stability.

Source: SHCP

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National Water Plan is presented

  • It conceives water as a right and a national asset
  • It contemplates the organization of concessions; irrigation technology; 16 infrastructure and sanitation projects for the Lerma-Santiago, Atoyac and Tula rivers
  • The Government of Mexico plans an investment of 20 thousand million pesos for water projects in 2025: Conagua
  • It is an indispensable instrument for the sustainable management of water: Semarnat
  • With irrigation technology, field productivity increases by 51%: Agriculture

Source: Presidency of the Republic

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SHCP delivers the 2025 Economic Package to the H. Congress of the Union

  • Solid framework to promote economic development with social justice and well-being.
  • Projected economic growth for Mexico of 2 to 3% in 2025.
  • Responsible and prudent management of public finances.
  • Reduction of the budget deficit from 5% of GDP in 2024 to 3.2% in 2025.
  • Public debt at a sustainable level of 51.4% of GDP.
  • Sufficient resources for social programs that benefit the lower-income population.
  • Development financing will be strengthened with tax measures based on digitization and administrative simplification.

Source: SHCP

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New Pemex tax regime

President Claudia Sheinbaum announces new tax regime for Pemex called Derecho Petrolero para el Bienestar (Oil Right for Wellbeing).
The new Derecho Petrolero para el Bienestar will be 30 percent and for non-associated gas 11.63 percent.

  • A Republican Austerity Plan will be implemented to achieve savings of 50 billion pesos.
  • The priority is domestic consumption and the price of energy will not increase in real terms over the next six years.
  • Mexican Petroleum (PEMEX) will be strengthened as a strategic state-owned company.

Source: Presidency of the Republic

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Pemex presents strategic lines for the period 2024-2030

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THE NATIONAL STRATEGY FOR THE ELECTRICAL SECTOR WAS PRESENTED

During Mexico’s morning press conference, President Claudia Sheinbaum Pardo presented the “National Strategy for the Electric Sector,” based on four guiding principles aimed at strengthening national electric sector planning, promoting energy justice, ensuring a robust, reliable, and secure electrical system, and establishing clear rules to increase private investment.

Source: Federal Electricity Commission (CFE)

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President Claudia Sheinbaum meets with Larry Fink, founder of BlackRock

They discussed the strength of the Mexican economy and the importance of the trade agreement between Mexico, the United States and Canada (USMCA).

Source: Presidency of the Republic

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