• 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.
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.
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.
https://www.proyectosmexico.gob.mx/wp-content/uploads/2020/08/N-ALIDE-Banobras.jpg203610jfrancoohttps://www.proyectosmexico.gob.mx/wp-content/uploads/2017/03/LogoMPH_Alta-e1657506734182.pngjfrancoo2023-03-21 12:46:402023-03-23 11:56:07Banobras successfully placed three bonds in the local debt market
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.
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.
https://www.proyectosmexico.gob.mx/wp-content/uploads/2023/02/N_CFE-2023-1.jpg203610jfrancoohttps://www.proyectosmexico.gob.mx/wp-content/uploads/2017/03/LogoMPH_Alta-e1657506734182.pngjfrancoo2023-02-16 12:35:102023-02-28 13:44:08Potential Strategic Alliance of CFE for Natural Gas Infrastructure
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.
Go to the Press Release
Sustainable Taxonomy of Mexico
Sustainable Finance Mobilization Strategy
Banobras successfully placed three bonds in the local debt market
Go to the anouncement
Banobras Celebrates Its 90th Anniversary
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
Go to the announcement