Higher sales and lower expenses put the company on a profitable footing.
Minister Josefa González Blanco acknowledged that the Maya train, a rail line project that President Andrés Manuel López Obrador is proposing for the southeast of the country, will produce an environmental impact that authorities will seek to offset.
Investors will receive US$1.75bn from state holding GACM.
Proceeds will go to servicing debt and for operating expenses.
While the government of the emirate could fund a hospital project, private investors are eyeing port infrastructure.
In addition to a major reconstruction program in the north, the government will now have to deal with major flooding destruction in the south.