The Ministry of Infrastructure, Communications and Transportation (SICT) announced the guidelines for the program to replace and modernize heavy vehicles, tractor-trailers, trucks and buses that provide federal passenger and freight transportation services, which will come into effect on May 29.
According to what was published in the Official Gazette of the Federation (DOF) , the strategy seeks to facilitate the renewal of old units through financing schemes backed by Nacional Financiera (Nafin) , aimed mainly at micro and small transporters who currently have a vehicle fleet of no more than 30 units .
The objective is “to replace new or semi-new units, in order to improve the age of the fleet, the condition of the vehicle fleet and road safety,” it was stated in the DOF.
The document specifies that individuals with business activity and legal entities whose main activity is federal passenger and freight transport may participate, classified as micro-transporters (from one to five units), and small transporters (from six to 30 units).
The program operates under a Pari Passu Guarantee (shared risk) scheme in terms of the Nafin Guarantee Program, where credit risk will be shared between the federal government and participating financial institutions.
Terms and payments
The social action includes financing of up to 15 million pesos (mdp) or its equivalent in US dollars, and the option to acquire new units will be for up to 84 months with a minimum down payment of 10 percent .
For pre-owned units, the maximum term will be up to 60 months with a minimum down payment of 15 percent .
“The prices of the units and specific financing conditions will vary, depending on the brand, type of unit, model, and financial intermediaries participating in the Nafin Guarantee Program,” the DOF stated.
Participation requirements
To access the program, applicants must meet various conditions established by the SICT:
-Be a permit holder for federal motor transport service with a vehicle fleet of up to 30 units.
-The permit granted by the SICT must have a minimum age of three years in the federal motor transport service.
To fulfill the program’s objectives, once the financing is approved, the participating permit holder must go to the General Directorate of Federal Motor Transport and/or SICT center to present the requirements for the registration of each unit participating in the program.
In the case of used units, they must present the requirements established by the financial intermediaries participating in the program, who will verify that the units comply with the physical-mechanical conditions issued by an inspection unit authorized by the SICT, the vehicle must be reviewed by the trained, empowered and designated public servant.
Program validity
The Official Gazette of the Federation establishes that the validity of the program will be indefinite , provided that there is budgetary availability provided by the SICT in terms of the Nafin Guarantee Program.
The SICT reported that the calls for proposals and access rules will be published through official SICT and Nafin channels to guarantee transparency in the allocation of support.
The agency indicated that to clarify doubts related to the program, those interested will be assisted through the following means of the General Directorate of Federal Motor Transport: financ.dgaf@sict.gob.mx or the telephone number 55 5723 9300, extensions 20001 and 20270.
The program is based on the National Development Plan , which establishes as a public policy axis the need to have quality transport infrastructure and services that contribute to taking advantage of the country’s comparative advantages.
Meanwhile, the Sectoral Program for Infrastructure, Communications and Transportation 2025-2030 establishes as fundamental objectives increasing the competitiveness of federal motor transport services, promoting investment in services and innovative financing schemes to modernize the vehicle fleet and strengthen the motor transport industry.
According to the National Association of Bus, Truck and Tractor-Trailer Manufacturers (ANPACT) , the fleet of heavy vehicles in the cargo segment in Mexico has an average age of 19 years, which affects, among other factors, the risk of accidents and high emissions of pollutants, reinforcing the need to accelerate its renewal.
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