Through three traditional bonds in the local debt market, Banobras issued MXN 20 billion.
The proceeds from the issuance will be used to support the achievement of the Administration’s strategic projects under the Mexico Plan, as well as to finance or refinance infrastructure projects that foster development and shared prosperity.
Source: Banobras
By resolution, it is granted the responsibility of developing urban infrastructure and public passenger transport projects, as well as participating in the construction and modernization of solid waste management and treatment systems.
Source: Ministry of Infrastructure, Communications and Transportation (SICT)
The Government of Mexico, through the National Water Commission (Conagua), will develop 37 infrastructure projects with a historic investment of more than MXN 186.56 billion, of which over MXN 30.88 billion will be allocated in 2025 as part of the Mexico Plan. This plan will accelerate public works in 2025 and increase food sovereignty, among other goals, announced President Claudia Sheinbaum Pardo.
During the morning press conference, Conagua’s Director General, Efraín Morales López, stated that the projects are expected to generate over 65,000 direct jobs across all 32 states of the country.
Source: National Water Commission (Conagua)
