CIIT PUBLISHES CALLS FOR TENDERS FOR 5 DEVELOPMENT POLES

The Interoceanic Corridor of the Isthmus of Tehuantepec (CIIT) published the calls for international public bids to obtain concessions for the use, optimization and exploitation, for the establishment of 5 development poles in the Isthmus of Tehuantepec.

Source: Official Gazette of the Federation

Registration of bidders

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

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

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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Banobras Celebrates Its 90th Anniversary

Ninety years after its establishment, Banobras renews the social vision that gave reason to its rise, back in the 1930s.

  • During the daily morning press conference with President Andres Manuel Lopez Obrador and subsequent commemorative event for the 90th anniversary, Banobras Director General reported on the progress and achievements of this Development Bank institution.
  • Banobras actively participates in priority projects of the Mexican Government. The Bank’s loan portfolio has grown 26% in this administration and represents 2% of the country´s GDP. The direct loan portfolio positions the bank as the fifth in the national financial system and the first among Development Banks.
  • From December 2018 to December 2022, the institution granted more than USD 24 billion in financing to states, municipalities, projects, and the federal public sector, with a clear focus on the southern region of the country.

Press Release

Potential Strategic Alliance of CFE for Natural Gas Infrastructure

The Federal Electricity Commission (CFE), Carso Energy (a subsidiary of Grupo Carso), and Sempra Infrastructure (a subsidiary of Sempra – NYSE: SRE, BMV: SRE) through its affiliates, signed a Memorandum of Understanding (MOU) to increase the electricity generation capacity of CFE in the states of Sonora and Baja California, and boost the natural gas industry in the northwest region of Mexico, supporting the energy security of the country and the objectives of the Mexican Government.

Source: CFE

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Comprehensive Development Plan for The Mayan Train

The CEO of FONATUR, Javier May Rodríguez, presented the Comprehensive Development Plan for the Mayan Train.

BANOBRAS PLACES THE FIRST SUSTAINABLE BONDS WITH A GENDER PERSPECTIVE OF DEVELOPMENT BANKING, RELATED TO INFRASTRUCTURE IN MEXICO

Within the framework of the Sustainable Bank Strategy, and as part of the actions for the economic reactivation of the country, the National Bank of Public Works and Services (Banobras) placed three bonds, two of them sustainable with a gender perspective, through the Institutional Stock Exchange (BIVA): BANOB 22-4, BANOB 22X and BANOB 22-2X for a total amount of 7.5 billion pesos.

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UNEP and GIZ, through the Sustainable Infrastructure Tool Navigator, recognize Banobras as a case of good practices in sustainable infrastructure

UNEP and GIZ, through the Sustainable Infrastructure Tool Navigator, recognize Banobras as a case of good practices in sustainable infrastructure.

Banobras, through its digital platform Mexico Projects Hub, is internationally recognized as a case of best practices in sustainable infrastructure. This case study is found in the Sustainable Infrastructure Tool Navigator, led and supported by the United Nations Environment Programme (UNEP), the Sustainable Infrastructure Partnership (SIP), and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ). Is a resource platform designed to help infrastructure practitioners planners, designers, funders, and others –across government, private, and civil society- to identify the most relevant tools to help develop and integrate sustainability into infrastructure systems and specific projects. This initiative promotes comprehensive approaches in the planning and development of sustainable infrastructure around the world.

With this kind of contributions, Banobras reinforces its commitment to advance in the incorporation of standards, tools and good practices that promote sustainable financing with environmental and social responsibility.

BANOBRAS SUCCESSFULLY PLACES 16 BILLION DEBT IN FONADIN STOCK CERTIFICATES

As part of its 2020-2023 Refinancing Program, the National Bank for Public Works and Services (Banobras), Trustee of the National Infrastructure Fund (Fonadin), successfully placed 16 billion pesos of debt in Trust Stock Certificates denominated in investment units (Udis) and endorsed by the Federal Government.

The resources obtained will be used to repay the debt, allowing it to be reduced and improving its profile.

The transaction had a demand of 1.6 times the amount placed and had the participation of Afores, insurers and government institutions.

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