Line 4 will be the first passenger transport route in Mexico to be incorporated into the freight train right of way; It will have 8 stations in 21 km and will initially move 106 thousand daily users.
It will provide a solution to move and connect the inhabitants of Tlajomulco with the rest of the AMG.
Source: Government of Jalisco / Mi Tren Linea 4
To ensure energy self-sufficiency
Sorce: SENER
Banobras received the award in the special “ALIDE Verde” category for the “Digital Tools for Sustainable Infrastructure”, available within the Mexico Projects Hub platform.
During the 52nd General Assembly of the Latin American Association of Development Financing Institutions (ALIDE), held in Curaçao, the ALIDE Awards 2022 were presented; a contest that recognizes and promotes innovation and good practices among development financing institutions.
The special category of the “ALIDE Verde” Award is granted for attention to sustainable development, contributing to the local productive ecosystem development, seeking that productive activities, in addition to being economically viable, socially fair, are environmentally responsible.
The National Bank of Public Works and Services (Banobras) successfully placed two 3-year and 5-year variable-rate traditional-format bonds and one 10-year fixed-rate bond in pesos.
Source: Banobras
S&P Global Ratings assigned its long-term national scale debt ratings – CaVal – of ‘mxAAA’ to the National Bank of Public Works and Services’ (Banobras) long-term development banking stock certificates.
The ratings assigned to these issues are equal to Banobras’ long-term national scale issuer credit rating (mxAAA).
Source: S&P Global Ratings
In 2024 Mexico will reach self-sufficiency of fuels; In three years, the use of the National Refining System went from 32% to 50%
The goal for 2023-2024 is to process two million barrels of oil a day and produce 858 thousand barrels of gasoline and 542 thousand of diesel.
Source: Presidency of México
PEMEX signed an agreement to purchase 50.005% of Shell’s stake in the refinery located in Houston, Texas.
PEMEX will own 100% of the refinery once it has the regulatory approvals in the United States and the transaction is completed in the last quarter of the year.
With this transaction, PEMEX seeks to advance the country’s energy self-sufficiency.
Source: PEMEX
The rating agencies recognize the solid management of the Mexican government’s debt during the pandemic, which limited indebtedness. They also point out that sustainable public finances support the country’s macroeconomic stability.
Source: SHCP
It is estimated that by early 2022 the economy will fully regain its pre-pandemic level. The investment in infrastructure, the deepening of the financial sector, the reduction of the different gaps that restrict development and the greater commercial integration with our partners in the the United States-Mexico-Canada Agreement (USMCA), are factors that will help with the recovery of the Mexican economy.
Source: Ministry of Finance
