Investment in infrastructure through projects financed with private capital

The Ministry of Finance announces mechanism to promote investment in infrastructure through projects financed with private capital. Four criteria were established to select projects:

That private investment be greater than 50 percent in each project.

· Projects in the energy, communications, transport, tourism, water, sanitation and environment sectors.

· That each project has a clear definition regarding the benefits to be obtained, as well as its scope, cost and execution time.

· That they have no impact on public debt.

Source: Presidency of the Republic
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Economic Package for Fiscal Year 2021

 

The Ministry of Finance published the General Economic Policy Criteria for the Federal Revenue Law and the Expenditure Budget Project of the Federation 2021.

Regarding the criteria, it clarifies that they are distinguished by a deeper reflection on economic and social aspects, as well as on the country’s health, economy and public finances.

Tax Policy
Revenue
Expenditures

Source: Ministry of Finance
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Banobras successfully placed 7.5 billion pesos in sustainable bonds

Banobras successfully placed 7.5 billion pesos in sustainable bonds.

Within the framework of the Sustainable Bank Strategy and as part of the actions for the economic reactivation of the country, the National Bank of Public Works and Services (Banobras) today placed two Sustainable Bonds in the Mexican Stock Exchange (BMV) : BANOB 20X and BANOB 20-2X for a combined amount of 7.5 billion pesos.

Source: Banobras

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AGREEMENT FOR ECONOMIC REACTIVATION

The head of the SCT announced the construction of road infrastructure works
• 39 projects in the Communications and Transport, Energy, Water and Environment sectors
• Accumulated investment of 297,344 million pesos

The Government of Mexico recognizes that the participation of private initiative in the development of Mexico is necessary and is a reality. For this reason, they will work together to achieve the objective of an continuous investment of 25 percent of GDP, based on the competitive advantages of the country, activating a large number of projects in addition to those already underway, with strong private participation, based on its social and economic profitability.

 

Source: Presidency of the Republic

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Mexico number one in the world for procurement

The Global Infrastructure Hub’s (GI Hub) InfraCompass 2020 analysis of 81 countries ranks Mexico number one in the world for procurement.

Since its launch in March 2017, the Mexico Projects Hub (Proyectos México) has aimed to accelerate private investment in Mexican infrastructure development. The first of its kind in the world, it has quickly strengthened Mexico’s ability to fund multiple large projects across the nation.

“The Mexico Projects Hub is still the benchmark. It superbly serves the government’s infrastructure project pipeline’s key functions – promoting the early engagement of the private sector and allowing governments to track and consistently achieve progress on infrastructure development priorities.” (GI Hub’s Senior Policy Specialist, Cleyton Barros).

Source: Global Infrastructure Hub

InfraCompass 2020

Banobras receives ALIDE Award for its Sustainable Funding Strategy

The Latin American Association of Financial Institutions for Development (ALIDE) awarded the National Bank of Public Works and Services, S.N.C. (Banobras) the ALIDE Award, in the special ALIDE Green category, for the Sustainable Funding Strategy, a scheme focused on directly contributing to the sustainable development of the country and the well-being of the population, and which is part of the Sustainable Bank Strategy of Banobras.

Source: Banobras

ALIDE Annuncement

Banobras announcement

 

 

UN Work in relation to the Maya Train project

The actions carried out by the United Nations agencies mentioned in the framework of the Tren Maya Project of the Government of Mexico are in accordance with the principles of humanity, independence and impartiality, fundamental instruments to maintain consent and cooperation with the Member State.

Source: Fonatur

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ANNOUNCEMENT APP-006G1C003-E8-2020

Tender is announced for the provision of maintenance, rehabilitation and operation services of the Roads and Bridge included in the “Southeast Package”, located in the states of Campeche, Chiapas, Tabasco and Veracruz.

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More information: Mexico Projects Hub

Fonatur announces the winner of the tender for Section 3 of the Maya Train

In parallel and independently to Fonatur, UNOPS carried out an analysis of the 16 offers received on April 28 in accordance with international standards and stated its agreement.

  • The consortium that presented the best technical and economic proposal was Construcciones Urales, S.A. de C.V in association agreement with GAMI Ingeniería e Instalaciones, S.A. de C.V y AZVI, S.A.U.
  • Section 3 runs approximately 172 kilometers, from Calkiní, Campeche to Izamal, Yucatán.

Source: Fonatur

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Fonatur announces the winner of the tender for Section 2 of the Maya Train

The winning consortium was: Operadora CICSA S.A. de C.V. in association agreement with FCC Construcción S.A.

Section 2 of the Maya Train route runs approximately 235 km, going from Escárcega to Calkiní in the state of Campeche.

The United Nations Office for Project Services (UNOPS) carried out an independent analysis – and in parallel – to the proposal review process carried out by Fonatur, and stated its agreement according to international standards. Both the analysis process carried out by Fonatur and the UNOPS concluded that the consortium Operadora CICSA S.A. de C.V. in association agreement with FCC Construcción S.A. it was the one that represents the best value for money for the Maya Train project.

 

Source: Fonatur

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