Work Begins on “Agua para Colima,” Benefiting 240,000 Residents

The Government of Mexico, through the National Water Commission (Conagua), has launched the “Agua para Colima” project, which involves the construction of a 21-kilometer (km) aqueduct with an investment of 1,780 million pesos (mdp) to double the water supply for nearly 240,000 residents of the metropolitan area of Colima and Villa de Álvarez.

Source: Presidency of the Republic

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Progress in the Construction of New Passenger Railway Routes

The works include the sections Mexico City–Pachuca, Mexico City–Querétaro, Saltillo–Nuevo Laredo, and Querétaro–Irapuato, totaling 785 km.

The projects already underway, under the supervision of the Railway Transport Regulatory Agency (ARTF), are:

  • Mexico City–Querétaro Train
  • Saltillo–Nuevo Laredo Train, also known as the Gulf of Mexico Train
  • Mexico City–Pachuca Train
  • Querétaro–Irapuato Train

Source: SICT

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Interoceanic Corridor: Inauguration of the First Section of Line K

The Ministry of the Navy, through the Interoceanic Corridor, reported the inauguration of the First Section of Line K “Istmo-Soconusco” of the railway, which connects Ciudad Ixtepec, Oaxaca with Tonalá, Chiapas.

The project consisted of the comprehensive rehabilitation of 175 kilometers of railway track; the construction and improvement of 212 drainage structures; the renovation of 162 bridges; and the upgrading of seven railway stations.

Source: Ministry of the Navy

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In 2025, 6.212 billion MXN in road infrastructure under the Lázaro Cárdenas Plan

The Ministry highlighted the intervention of 60 kilometers across two highway corridors connected to the Mixteca region, with an investment of 3.137 billion MXN, in addition to 820 kilometers across 10 highway segments in the region with resources totaling 2.663 billion MXN, and 62 kilometers of artisanal roads allocated 412 million MXN.

Source: SICT

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Banobras successfully issued 18 billion MXN through three bonds

The National Bank of Public Works and Services (Banobras) successfully carried out, on the Mexican Stock Exchange, the issuance of three bonds—two of them sustainable with a gender perspective—BANOB 25-4, BANOB 25X, and BANOB 25-2X, for a total amount of 18 billion MXN.

This operation is part of the 2025 Annual Financing Plan and contributes to the objectives of the Sustainable Financing Mobilization Strategy of the Ministry of Finance and Public Credit (SHCP) and Banobras’ Institutional Program 2025–2030.

Source: Banobras

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INAUGURATION OF THE TEPIC–COMPOSTELA HIGHWAY

To enhance connectivity in the State of Nayarit and western Mexico, Banobras inaugurated the Tepic–Compostela section, built under the innovative Construction, Maintenance, Rehabilitation, and Operation (CMRO) model, with funding from the National Infrastructure Fund (FONADIN) totaling 4.212 billion MXN.

  • The inauguration ceremony was presided over by President Claudia Sheinbaum Pardo.
  • #BanobrasBuilds the Tepic–Compostela Highway, improving connectivity in the State of Nayarit.
  • The project represents an investment of 4.2 billion MXN and generated 2,900 jobs.
  • It will be operated by Banobras under the innovative Construction, Maintenance, Rehabilitation, and Operation (CMRO) model.

Source: Banobras

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CONSTRUCTION OF THE GULF OF MEXICO TRAIN BEGINS

The Government of Mexico, through the Ministry of Infrastructure, Communications, and Transportation (SICT), began construction of the Arroyo El Sauz–Nuevo Laredo passenger rail section of the Gulf of Mexico Train, as part of the “Railway Workers’ Day” celebration.

This section, which marks the start of construction, is part of the Saltillo–Nuevo Laredo route, with a total length of 136.48 kilometers. It will include three stations—Nuevo Laredo, Anáhuac, and Lampazos—along with 52 railway bridges, 108 drainage works, and 42 vehicle crossings.

Source: SICT

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Progress in Agricultural Modernization

The Director General of the National Water Commission (Conagua), Efraín Morales López, reported on the progress of the agricultural irrigation modernization program, through which more than 200,000 hectares will be modernized across 18 strategic Irrigation Districts. The initiative aims to recover over 2.8 billion cubic meters of water, benefiting 225,000 agricultural users, aquifers, and the general population.

Source: Conagua

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AAA Rating for Banobras Bond Issuances

Moody’s Local México, Fitch Ratings, and S&P National Ratings assigned an AAA rating to the long-term bond issuances of the National Works and Public Services Bank (Banobras).

Fitch Ratings

Moody’s

S&P National Ratings