Launch of the Chetumal I Wellbeing Development Hub

The Ministry of Economy (Secretaría de Economía, SE) and the Government of the State of Quintana Roo have launched the Chetumal I Wellbeing Development Hub.

Today, the Secretary of Economy, Marcelo Ebrard, and the Governor of Quintana Roo, Mara Lezama, led the signing of the agreement that formally marks the start of work for the construction of the Chetumal I Wellbeing Development Hub.

Source: Ministry of Economy (Secretaría de Economía, SE)

Go to press release

Pemex: 2025–2035 Strategic Plan

The Ministry of Energy (SENER), the Ministry of Finance and Public Credit, and Petróleos Mexicanos (Pemex), Mexico’s state-owned oil and gas company, jointly present the ten-year Strategic Plan, which lays out a vision for both the present and the future.

  • Pemex: 2025–2035 Strategic Plan is a roadmap that defines the company’s financial and production strategy for the next decade, with a long-term outlook.
  • The strategy consolidates energy sovereignty and includes private investment aligned with the national interest.

Source: Petróleos Mexicanos (Pemex)

Go to press release
Document

Fitch Upgrades Pemex Rating to BB

Last Friday, the credit rating agency Fitch Ratings upgraded Pemex’s long-term issuer default ratings in both foreign and local currency from B+ to BB, with a stable outlook. This two-notch upgrade reflects the strong support provided by the Government of Mexico and underscores the confidence generated by its firm commitment to Petróleos Mexicanos (Pemex), Mexico’s state-owned oil and gas company. The decision aligns with Fitch’s criteria for Government-Related Entities (GREs).

Source: Ministry of Finance and Public Credit

Go to press release

Pemex Reports Second Quarter 2025 Results

Petróleos Mexicanos (Pemex), Mexico’s state-owned oil and gas company, reports its financial and operating results for the second quarter of 2025. The data reflect the positive impact of a strategy focused on efficient resource use and institutional strengthening.

  • Liquid hydrocarbons production averaged 1,638 thousand barrels per day, while natural gas production reached 3,592 million cubic feet per day.
  • Crude oil processing stood at 987 thousand barrels per day, driving petroleum product output to 1,034 thousand barrels per day.
  • Based on these operating results, Pemex recorded a net income of 60 billion MXN.

Source: Pemex

Go to press release

Line 4 of the Cablebús in Mexico City – 11.4 km

The line 4 of the Cablebús project, connecting Tlalpan and Coyoacán in Mexico City, spans 11.4 km and will transport 65,000 people per day in just 40 minutes.

Among its advantages, it will provide multiple connections across Mexico City, including service to 30 neighborhoods in Tlalpan, 9 neighborhoods in Coyoacán and notably, the National Autonomous University of Mexico (Ciudad Universitaria).

Source: Ministry of Infrastructure, Communications, and Transport (Secretaría de Infraestructura, Comunicaciones y Transportes, SICT)

Go to press release

Creation of the Integrated Trains and Public Transportation Agency

One of the main regulatory changes was the transformation of the decentralized body Rail Transport Regulatory Agency (ARTF), previously under the Ministry of Infrastructure, Communications, and Transport (SICT), which led to the creation of the new Integrated Trains and Public Transportation Agency (ATTRAPI). This new agency will function as a decentralized body with legal personality, its own assets, and technical and operational autonomy, and will remain under the purview of the SICT.

Source: Center for Public Finance Studies

Go to press release

In August, bidding processes for the Querétaro–Irapuato and Saltillo–Nuevo Laredo trains

  • In addition, 15 passenger trains for the Mexico–Pachuca route will be tendered; the call for bids will be published tomorrow, July 10.
  • It was noted that the goal of building the Mexico–Nuevo Laredo and Mexico–Nogales train routes is to connect the central and northern regions of the country.

President Claudia Sheinbaum Pardo announced that construction of the Querétaro–Irapuato and Saltillo–Nuevo Laredo trains will begin in September, with bidding processes to be awarded in August. Additionally, 15 trains for the Mexico–Pachuca route will be tendered tomorrow, July 10, demonstrating that the State is regaining its capacity to provide railway transportation for the people of Mexico.

Source: Presidency of the Republic
Go to press release

134 Billion MXN Investment in Airport Infrastructure

  • The Government of Mexico and the private sector will invest 134 billion MXN in airport infrastructure.
  • This historic amount will boost connectivity and generate more than 200,000 direct and indirect jobs through modernization and expansion works at 62 airport terminals.
  • The strategy responds to an annual passenger growth projection of 4%, which will result in an additional 32 million travelers.

Source: Ministry of Infrastructure, Communications, and Transport (SICT)

Go to press release

Over 9 Billion MXN in Water Infrastructure Investment

The Government of Mexico is promoting a historic investment in water infrastructure to benefit 6.4 million people.
An investment of over 9 billion MXN is planned over the next three years, of which 2.588 billion MXN will be allocated in 2025.

Source: National Water Commission (Conagua)

Go to press release

Mexico Reduces Debt Amortizations

The Ministry of Finance and Public Credit (SHCP) has initiated the early maturity process for two sovereign bonds scheduled to mature in 2026—one denominated in U.S. dollars and the other in euros—for a total amount of 3.593 billion USD. Through these transactions, the government strengthens its strategy to reduce exposure to external shocks in its debt portfolio and to maintain sound and sustainable public finances.

Source: Ministry of Finance and Public Credit (SHCP)

Go to press release