New Barranca Larga-Ventanilla Highway Opens to Traffic

New Barranca Larga-Ventanilla Highway Opens to Traffic

After 15 years of waiting, the president inaugurates the 104.3 km highway in Oaxaca; the road is 104.3 km long and is expected to have a daily traffic volume of four thousand vehicles;  it generated 1,800 direct jobs and more than 3,500 indirect jobs.

  • The project will benefit more than 100,000 inhabitants and will save 4 hours of travel time from Oaxaca City to Puerto Escondido.
  • The current federal administration invested more than 10.64 billion pesos after restarting its construction in 2020.
  • The highway has 2 lanes of traffic with shoulders, 2 toll plazas, 15 junctions and accesses, 10 bridges, 3 viaducts, and 3 tunnels.
  • This highway brings opportunities for inclusion, development, and well-being for the more than 500,000 inhabitants of the 50 municipalities in this region.
  • It´s expected to have a daily traffic of four thousand vehicles.

 

Statement from the Presidency

Statement from the SICT

Video Banobras

Barranca_Larga-2

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FIVE PROPOSALS FROM PARTIES INTERESTED IN PARTICIPATING IN THE PASSENGER TRAINS PROJECT

  • After the deadline to express interest has passed, prior to carrying out the respective studies, the Infrastructure, Communications and Transportation Ministry (SICT) reviews the proposals.
  • The provision of public passenger rail transport service was declared a priority area for national development, for which seven routes were established.

Source: SICT

Go to the press release

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Banobras successfully placed twelve billion pesos through two bonds

The resources obtained through these bonds will be used to finance projects that promote the development of priority sectors and contribute to increasing competitiveness against nearshoring.

Source: Banobras

Go to the announcement

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Isthmus of Tehuantepec Interoceanic Corridor: results of the bidding procedures

The Isthmus of Tehuantepec Interoceanic Corridor communicates the results of the bidding procedures for the establishment of the Coatzacoalcos I, Coatzacoalcos II, Salina Cruz, San Juan Evangelista and Texistepec Development Poles for Well-being.

Source: CIIT

Go to Press Release

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Priority, passenger transportation in the Mexican Railway System

The Secretariat of Infrastructure, Communications and Transportation (SICT) reports that the provision of public passenger rail service in the Mexican Railway System is declared a priority area for national development, in accordance with the Decree of President Andrés Manuel López Obrador, published today in the Official Gazette of the Federation (DOF).
Source: SICT
See Statement
See Decree

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TWO PROJECTS SUPPORTED BY BANOBRAS WIN THE 2023 PROJECT & INFRASTRUCTURE FINANCE AWARD

  • Financing for Line 1 of the Mexico City Subway: Integral Modernization of Trains, Control System and Tracks for Line 1 of the Collective Transportation System. More
  • Agua de Puebla Financing: investments to upgrade its infrastructure, including new pipelines, drinking water plant, wastewater plant and storage tanks. More
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BANOBRAS PLACED 20 BILLION PESOS THROUGH TWO BONDS

  • Banobras successfully placed two bonds in traditional format in the local debt market.
  • The amount placed reached 20 billion pesos, the largest amount ever placed by a development bank.
  • In the current nearshoring scenario, the resources obtained will contribute to the development of strategic sectors and increase the competitiveness of states and municipalities.
  • The transaction was well received by the market, bringing together more than 25 investors and with a demand of 1.16 times the amount placed.

Go to Press Release

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CIIT PUBLISHES CALLS FOR TENDERS FOR 5 DEVELOPMENT POLES

The Interoceanic Corridor of the Isthmus of Tehuantepec (CIIT) published the calls for international public bids to obtain concessions for the use, optimization and exploitation, for the establishment of 5 development poles in the Isthmus of Tehuantepec.

Source: Official Gazette of the Federation

Registration of bidders

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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

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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.

  • 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.

Go to the Press Release

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