CONSTRUCTION OF THE GULF OF MEXICO TRAIN BEGINS

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.

Source: SICT

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Progress in Agricultural Modernization

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.

Source: Conagua

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AAA Rating for Banobras Bond Issuances

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).

Fitch Ratings

Moody’s

S&P National Ratings

HR Ratings: Mexico’s credit rating at BBB+, stable outlook

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)

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HR Ratings

Construction of the Tunal II Dam begins

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.

Sources: Presidency of the Republic / Conagua

Presidency press release

Conagua press release

N_Presa_Tunal-II

Mexico–Toluca Train to Begin Operations in January 2026

 

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.

Source: Presidency of the Republic

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Supervisio_Tren_El_Insurgente6 26102025

 

Progress in Passenger Train Projects

The General Director of the Railway Transport Regulatory Agency, Andrés Lajous Loaeza, presented a report on the current status of the passenger train project:

Construction progress:

  • Mexico–Pachuca
  • Mexico–Querétaro
  • Querétaro–Irapuato
  • Saltillo–Nuevo Laredo

Technical studies initiated:

  • Irapuato–Guadalajara
  • Querétaro–San Luis Potosí
  • San Luis Potosí–Saltillo
  • Mazatlán–Los Mochis

Source: Presidency of the Republic

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Ministry of Energy invites private sector to invest

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.

Source: Ministry of Energy (SENER)

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SENER: Electric Sector Development Plan

Considered a key document for the development and modernization of the Electric Sector infrastructure with a 15-year outlook, the Ministry of Energy (SENER) published in the Official Gazette of the Federation the Electric Sector Development Plan, which serves as one of the guiding documents of the national energy policy. It establishes the framework for planning within the Energy Sector over the short, medium, and long term.

Source: Official Gazette of the Federation

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The Mexico Plan and its objectives are presented to members of the World Economic Forum.

President Claudia Sheinbaum Pardo presented the Mexico Plan and its objectives to businesswomen and businessmen from 17 member countries of the World Economic Forum: strengthening the domestic market and wages, boosting both public and private investment, increasing food and energy sovereignty, and expanding national production by reducing imports from countries with which Mexico has no trade agreement.

Source: Office of the Presidency

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