MEXICO REDUCES ITS FOREIGN DEBT
La Secretaría de Hacienda redujo la deuda externa del país que vence en 2025 en 894 millones de dólares, con el objetivo de dar mayor flexibilidad a la siguiente administración en su primer año.
Banobras placed 14 billion pesos bond
Banobras placed 14 billion pesos through a traditional bond and a sustainable bond with a gender perspective in the local debt market.
The transaction was well received by the market; It brought together twenty-nine participants, institutional investors, including: Brokerage Houses, Money Desks, Development Banks, Decentralized Organizations, Afores, Investment Funds, Insurance Companies, Independent Advisors and Private Banks.
Source: Banobras
New Barranca Larga-Ventanilla Highway Opens to Traffic
New Barranca Larga-Ventanilla Highway Opens to Traffic
After 15 years of waiting, the president inaugurates the 104.3 km highway in Oaxaca; the road is 104.3 km long and is expected to have a daily traffic volume of four thousand vehicles; it generated 1,800 direct jobs and more than 3,500 indirect jobs.
- The project will benefit more than 100,000 inhabitants and will save 4 hours of travel time from Oaxaca City to Puerto Escondido.
- The current federal administration invested more than 10.64 billion pesos after restarting its construction in 2020.
- The highway has 2 lanes of traffic with shoulders, 2 toll plazas, 15 junctions and accesses, 10 bridges, 3 viaducts, and 3 tunnels.
- This highway brings opportunities for inclusion, development, and well-being for the more than 500,000 inhabitants of the 50 municipalities in this region.
- It´s expected to have a daily traffic of four thousand vehicles.
FIVE PROPOSALS FROM PARTIES INTERESTED IN PARTICIPATING IN THE PASSENGER TRAINS PROJECT
- After the deadline to express interest has passed, prior to carrying out the respective studies, the Infrastructure, Communications and Transportation Ministry (SICT) reviews the proposals.
- The provision of public passenger rail transport service was declared a priority area for national development, for which seven routes were established.
Source: SICT
Banobras successfully placed twelve billion pesos through two bonds
The resources obtained through these bonds will be used to finance projects that promote the development of priority sectors and contribute to increasing competitiveness against nearshoring.
Source: Banobras
Isthmus of Tehuantepec Interoceanic Corridor: results of the bidding procedures
The Isthmus of Tehuantepec Interoceanic Corridor communicates the results of the bidding procedures for the establishment of the Coatzacoalcos I, Coatzacoalcos II, Salina Cruz, San Juan Evangelista and Texistepec Development Poles for Well-being.
Source: CIIT
Priority, passenger transportation in the Mexican Railway System
The Secretariat of Infrastructure, Communications and Transportation (SICT) reports that the provision of public passenger rail service in the Mexican Railway System is declared a priority area for national development, in accordance with the Decree of President Andrés Manuel López Obrador, published today in the Official Gazette of the Federation (DOF).
Source: SICT
See Statement
See Decree
TWO PROJECTS SUPPORTED BY BANOBRAS WIN THE 2023 PROJECT & INFRASTRUCTURE FINANCE AWARD
- Financing for Line 1 of the Mexico City Subway: Integral Modernization of Trains, Control System and Tracks for Line 1 of the Collective Transportation System. More
- Agua de Puebla Financing: investments to upgrade its infrastructure, including new pipelines, drinking water plant, wastewater plant and storage tanks. More
BANOBRAS PLACED 20 BILLION PESOS THROUGH TWO BONDS
- Banobras successfully placed two bonds in traditional format in the local debt market.
- The amount placed reached 20 billion pesos, the largest amount ever placed by a development bank.
- In the current nearshoring scenario, the resources obtained will contribute to the development of strategic sectors and increase the competitiveness of states and municipalities.
- The transaction was well received by the market, bringing together more than 25 investors and with a demand of 1.16 times the amount placed.
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
