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.
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.
https://www.proyectosmexico.gob.mx/wp-content/uploads/2025/11/N_Tepic-Compostela-6.png203610lveracanhttps://www.proyectosmexico.gob.mx/wp-content/uploads/2017/03/LogoMPH_Alta-e1657506734182.pnglveracan2025-11-10 10:15:422025-11-10 10:50:43INAUGURATION OF THE TEPIC–COMPOSTELA HIGHWAY
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.
https://www.proyectosmexico.gob.mx/wp-content/uploads/2024/01/N_Tren_AIFA.png204610lveracanhttps://www.proyectosmexico.gob.mx/wp-content/uploads/2017/03/LogoMPH_Alta-e1657506734182.pnglveracan2025-11-08 10:46:342025-11-10 10:58:09CONSTRUCTION OF THE GULF OF MEXICO TRAIN BEGINS
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.
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).
https://www.proyectosmexico.gob.mx/wp-content/uploads/2025/11/N_calificadoras.png203610lveracanhttps://www.proyectosmexico.gob.mx/wp-content/uploads/2017/03/LogoMPH_Alta-e1657506734182.pnglveracan2025-11-04 13:51:062025-11-05 13:42:09AAA Rating for Banobras Bond Issuances
The rating agency HR Ratings reaffirmed Mexico’s long-term foreign currency sovereign debt rating at BBB+, three notches above the minimum investment-grade threshold.
The outlook changed from negative to stable as a result of improvements in key fiscal metrics.
With this announcement, Mexico maintains its investment-grade status with all eight rating agencies that assess its debt.
Source: Ministry of Finance and Public Credit (SHCP)
The Government of Mexico, through the National Water Commission (Conagua), has officially launched the construction of the Tunal II Dam — a strategic project that will supply 1,500 liters per second of drinking water from the Tunal River to 340,000 residents of the city of Durango, ensuring water availability for the next 50 years.
https://www.proyectosmexico.gob.mx/wp-content/uploads/2025/10/N_Presa_Tunal-IIa.png203610lveracanhttps://www.proyectosmexico.gob.mx/wp-content/uploads/2017/03/LogoMPH_Alta-e1657506734182.pnglveracan2025-10-28 16:44:232025-10-29 09:24:20Construction of the Tunal II Dam begins
President Claudia Sheinbaum Pardo announced that by the end of January 2026, the “El Insurgente” Mexico–Toluca Train will be available for service, running from Toluca, State of Mexico, to Observatorio in Mexico City. The project, which has completed its civil and electromechanical works, will reduce travel time from two and a half hours to just 40 minutes and will enter its three-month testing phase.
https://www.proyectosmexico.gob.mx/wp-content/uploads/2025/10/N-Supervision-Tren-El-Insurgente-oct-2025.png203610lveracanhttps://www.proyectosmexico.gob.mx/wp-content/uploads/2017/03/LogoMPH_Alta-e1657506734182.pnglveracan2025-10-27 12:31:362025-10-28 10:03:52Mexico–Toluca Train to Begin Operations in January 2026
The General Director of the Railway Transport Regulatory Agency, Andrés Lajous Loaeza, presented a report on the current status of the passenger train project:
During the Informative Session of the Call for the Priority Attention of Electric Power Generation Permit Applications, the Secretary of Energy, Luz Elena González Escobar, highlighted that this is an innovative and unique process that represents a radical change in the way permits are granted by the energy sector.
https://www.proyectosmexico.gob.mx/wp-content/uploads/2025/10/N_Sener1.png203610lveracanhttps://www.proyectosmexico.gob.mx/wp-content/uploads/2017/03/LogoMPH_Alta-e1657506734182.pnglveracan2025-10-20 19:33:402025-10-21 09:04:51Ministry of Energy invites private sector to invest
