Construction Begins on the Bahía Asunción–Punta Prieta Highway in Baja California Sur

The Ministry of Infrastructure, Communications and Transport (SICT) and the Government of Baja California Sur officially launched the construction and modernization works on the Bahía Asunción–Punta Prieta highway in the municipality of Mulegé.

The project will benefit more than 5,600 residents in the Northern Pacific region.

Source: SICT

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Banobras Successfully Raises MXN 20 Billion

The National Bank of Public Works and Services (Banobras) successfully raised MXN 20 billion through three bond issuances: one new issuance and two reopenings. The transaction is part of the 2026 Annual Financing Plan and aligns with the economic policy and infrastructure investment priorities of the administration of President Claudia Sheinbaum Pardo and Secretary of Finance and Public Credit Edgar Amador.

Source: Banobras

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SICT: ATTRAPI Institutional Program

The Government of Mexico, through the Ministry of Infrastructure, Communications and Transportation (SICT), headed by Jesús Antonio Esteva Medina, approved the 2026–2030 Institutional Program of the Agency for Trains and Integrated Public Transportation (ATTRAPI).

According to the program, the current administration aims to construct more than 3,000 kilometers of passenger rail lines, strengthen rail freight transportation, and implement urban, suburban, and intercity public transportation services in key cities and metropolitan areas.

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

 

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Petrobras and PEMEX Sign Memorandum of Understanding for Strategic Cooperation

  • The collaboration also provides for the exchange of experience regarding the hydrocarbons sector regulatory frameworks of Brazil and Mexico.
  • The agreement will remain in force for two years, with the possibility of renewal. It does not constitute a binding investment commitment, nor does it create a partnership, consortium, or joint venture between the parties.

The alliance includes the development of opportunities in the areas of exploration and production and industrial processes, as well as the exchange of experience on regulatory and institutional aspects of the sector.

Source: PEMEX

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Mexico Strengthens Its External Debt Profile

The Ministry of Finance and Public Credit (SHCP) carried out the issuance of an 11-year bond with a 6.25% coupon rate, maturing in 2037, for an amount of USD 4.8 billion, as well as the reopening of the bond maturing in 2056 with a 6.75% coupon rate, for an amount of USD 1.5 billion.

Source: SHCP

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Greater Predictability for Auctions of Radio Spectrum Usage Rights

The Telecommunications Regulatory Commission (CRT) will submit for public consultation two regulatory proposals aimed at establishing a new regulatory framework that will provide greater predictability for auctions granting concessions for the use, management, and commercial exploitation of radio spectrum bands and orbital resources.

Source: CRT

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CONAGUA Builds the Armería Diversion Dam

This project will have the capacity to divert 156,000 liters of water per minute for the irrigation of 2,922 hectares within the Valle Armería Irrigation Unit, benefiting small landowners and users of the Armería, Cuyutlán, and Independencia ejidos.

Source: National Water Commission (CONAGUA)

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Banobras Successfully Places 20 Billion MXN in Bond Certificates

BBVA México acted as placement agent in the successful issuance of bond certificates by the National Bank for Public Works and Services, S.N.C. (Banobras), for a total amount of 20 billion MXN across three tranches.

The issuance received the highest national-scale credit rating, AAA(mex), assigned by Fitch México, Moody’s Local, and S&P Global Ratings, reflecting Banobras’ strong credit quality and the low risk perception associated with its obligations. The transaction achieved an oversubscription rate of 2.1 times the initial offering amount of 10 billion MXN.

The transaction attracted participation from the country’s most significant institutional investors, demonstrating investor interest and confidence in the execution of Banobras’ strategy, which is supported by its sound financial performance and strategic role in Mexico.

Source: BBVA

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274,000 Housing Units Under Construction

President Claudia Sheinbaum Pardo highlighted that the Housing for Well-Being Program is progressing successfully, with 274,000 housing units currently under construction toward the administration’s goal of 1.8 million housing units, which are expected to benefit nearly 7 million people across the country.

To date, 24,500 housing units have been delivered, contracts have been awarded for 604,000 additional units that will soon begin construction, and 5.1 million mortgage loans have been restructured.

Source: Presidency of the Republic

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New Combined-Cycle Power Plant in Manzanillo, Colima

  • Investment: USD 347.45 million
  • Part of the National Expansion Plan 2025–2030

President Claudia Sheinbaum Pardo inaugurated the Combined-Cycle Power Plant (CCPP) of the Federal Electricity Commission in Manzanillo as part of the actions aimed at guaranteeing energy sovereignty and national sovereignty. The facility will add 357 megawatts (MW) of generation capacity, bringing the total capacity of the Manzanillo Complex to 2,860 MW, benefiting 800,000 users, businesses, service providers, and industries across Mexico’s western region.

Source: Presidency of the Republic

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