Policies

Last update: January 11th, 2024

Mexico Projects Hub is an initiative of the Federal Government operated by Banco Nacional de Obras y Servicios Públicos (BANOBRAS), with the collaboration of several federal entities in order to provide information to the general public on investment opportunities in infrastructure in Mexico. For that purpose, the following policies are considered:

1 ELIGIBLE PROJECTS. Mexico Projects Hub includes infrastructure and energy projects in Mexico that: (i) require private sector financing, including, without limitation, equity or debt; (ii) include a public-private partnership model, or are susceptible to be structured under such model, including concessions, partial assignment of rights, public-private partnerships, public financed works, etc.; or (iii) in exceptional cases, traditional public works, that exclusively in the opinion of Banobras, are considered as flagship with relevant investment amounts.

2 COLLABORATION OF INFORMATION. Several agencies and entities of the federal public sector, state owned productive companies, and state governments provide support regarding information and follow-up of the projects included in Mexico Projects Hub. Consequently, the contents thereof are subject to the accuracy and update, if any, provided by such entities. As part of a continuous effort, the collaboration of entities and agencies of the Federal Government and state government entities that to date have not collaborated will be pursued.

Mexico Projects Hub seeks to include the most important infrastructure and energy projects in Mexico that require the participation of the private sector that the federal or state governments want to disclose. However, the inclusion of all projects is not guaranteed.

3 INCLUSION AND REMOVAL OF PROJECTS. The projects are reviewed by a working group formed by executives of the the BANOBRAS Sustainable Planning and Strategy Unit, who review the consistency of the information for the inclusion in or removal from Mexico Projects Hub. Some of the projects removed from the platform may be developed under some other scheme; however, they no longer represent a concrete investment opportunity for long-term private equity or debt.

Those state or municipal projects that have federal funds or that require a federal authorization, should be delivered to Mexico Projects Hub through the corresponding federal government entities or agencies.

Banobras reserves de right to publish in Mexico Projects Hub those infrastructure and energy projects that, in its opinion, do not comply with the current policies.

4 PROJECTS CLASSIFICATION. Projects are classified according to their actual stage: (i) New Projects and (ii) Projects in Operation:
• New Projects consider projects in the pre-investment (preparation), biding and execution/construction stages. Likewise, in this section are included projects that are in the operation stage, but that require rehabilitation or asset divestitures, with a long term recovery mechanism (“Brownfields”).
• Projects in Operation consider those projects that are in operation.

5 BROWNFIELD INVENTORY. Projects in operation were obtained based on the information available from public sector entities websites, their concessionaires and / or feedback received. To date, neither all sectors nor all projects are included. This section will be expanded based on: (i) available public information, (ii) information provided by the institutions, and (iii) greenfields that change their classification to brownfields.

6 PROJECTS SUB-CLASSIFICATION. Mexico Projects Hub uses sub-classifications that help identify projects based on their general characteristics, which include, but are not limited to:

• Sector: Is the division of the economic activity to which the project belongs, based on the seven categories that are expected to remain stable over time. This list of sectors is aligned with sectorial classifications used worldwide.

• Subsector: Is the sub-division of the economic activity to which the project belongs.

• Sustainability Information: Mexico Projects Hub includes the section “Sustainability Information” that identifies those sustainability practices of the project, according to the methodological framework  prepared by the Interamerican Development Bank: “Attributes and Framework for Sustainable Infrastructure.” The framework presents four main principles of sustainability that cover the following dimensions:

1. Economic and financial
2. Environmental and climate change
3. Social
4. Institutional

Gradually, the Sustainability Information sheets will be incorporated into more projects presented on the platform.

• Banobras/Fonadin involvement. Project assisted or supported by Banobras and/or the National Infrastructure Fund´s (Fonadin) products, services or programs. Information provided is for indicative purposes only and may be subject to changes without prior notice. Quieries for additional information must be requested throuhg institutional means.

• Type of project. Projects are classified in public, public / private or private. Public are considered those traditional public works or concessions granted to public entities.

• Type of contract. It is the legal model or agreement that supports the project.

• Selection process. It is the legal mechanism to choose the company, consortium or group responsible for carrying out the project.

• Stage. It is one of the four development periods in which the project is located: (i) pre-investment, which extends from the conceptual stage to the moment prior to the announcement of the selection process; (ii) bidding, which runs from the publication of the call for bids to the contract signing for the project implementation; (iii) execution, which extends from the execution of the contract to the start of operations (in case of asset rehabilitation of projects in operation, the stage is updated once the rehabilitation is delivered); and (iv) operation, which extends until the contract termination date.

• Sub-stage. It is the development or operation sub-period in which the project is located.

7 UPDATING OF THE POLICIES. These Policies are updated from time to time by BANOBRAS according to its experience and the prevailing conditions, while its disclosure is made through Mexico Projects Hub.