diff --git a/CHANGELOG.md b/CHANGELOG.md
index 68eab5a..91dbb75 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,7 +1,15 @@
 # Changelog
 
 This file only reflects the changes that are made in this image.
-Please refer to the SaltStack [Release Notes](https://docs.saltstack.com/en/develop/topics/releases/2018.3.4.html) for the list of changes in SaltStack.
+Please refer to the SaltStack [Release Notes](https://docs.saltstack.com/en/develop/topics/releases/2019.2.0.html) for the list of changes in SaltStack.
+
+**2019.2.0**
+
+- Upgrade SaltStack Master to `2019.2.0`
+- Change Docker base image to `ubuntu:bionic-20190204`
+- Upgrade Python to version `3.6`
+- Upgrade `libgit2` to `0.27.8`
+- Reduce image size by updating, installing and cleaning packages in one single step
 
 **2018.3.4**
 
diff --git a/Dockerfile b/Dockerfile
index ee9fae1..e85e971 100644
--- a/Dockerfile
+++ b/Dockerfile
@@ -1,24 +1,15 @@
-FROM ubuntu:xenial-20190122
+FROM ubuntu:bionic-20190204
 
 ARG BUILD_DATE
 ARG VCS_REF
 
 # https://github.com/saltstack/salt/releases
-ENV SALT_VERSION="2018.3.4" \
-    PYTHON_VERSION="3.5" \
+ENV SALT_VERSION="2019.2.0" \
+    PYTHON_VERSION="3.6" \
     LIBSSH2_VERSION="1.8.0" \
-    LIBGIT2_VERSION="0.27.7" \
+    LIBGIT2_VERSION="0.27.8" \
     PYGIT2_VERSION="0.27.2" \
-    GITPYTHON_VERSION="2.1.11" \
-    M2CRYPTO_VERSION="0.31.0" \
-    MAKO_VERSION="1.0.7" \
-    PYCRYPTODOME_VERSION="3.7.2" \
-    LIBNACL_VERSION="1.6.1" \
-    RAET_VERSION="0.6.8" \
-    CHERRYPY_VERSION="18.0.1" \
-    TIMELIB_VERSION="0.2.4" \
-    DOCKERPY_VERSION="1.10.6" \
-    MSGPACKPURE_VERSION="0.1.3"
+    M2CRYPTO_VERSION="0.31.0"
 
 ENV SALT_DOCKER_DIR="/etc/docker-salt" \
     SALT_ROOT_DIR="/etc/salt" \
@@ -35,24 +26,21 @@ ENV SALT_CONFS_DIR="${SALT_DATA_DIR}/config" \
     SALT_BASE_DIR="${SALT_DATA_DIR}/srv" \
     SALT_LOGS_DIR="${SALT_DATA_DIR}/logs"
 
-# Set non interactive mode
-ENV DEBIAN_FRONTEND=noninteractive
-
 RUN mkdir -p ${SALT_BUILD_DIR}
 WORKDIR ${SALT_BUILD_DIR}
 
 # Install packages
-RUN apt-get update
-RUN apt-get install --yes --quiet --no-install-recommends \
-    sudo ca-certificates wget locales pkg-config openssh-client \
+RUN apt-get update \
+ && DEBIAN_FRONTEND=noninteractive apt-get install --yes --quiet --no-install-recommends \
+    sudo ca-certificates apt-transport-https wget locales pkg-config openssh-client \
     python${PYTHON_VERSION} python${PYTHON_VERSION}-dev \
-    python3-pip python3-setuptools python3-wheel gettext-base \
-    supervisor logrotate
-
-# Configure locales
-RUN update-locale LANG=C.UTF-8 LC_MESSAGES=POSIX \
+    python3-pip python3-setuptools python3-wheel \
+    supervisor logrotate git gettext-base tzdata \
+ && DEBIAN_FRONTEND=noninteractive update-locale LANG=C.UTF-8 LC_MESSAGES=POSIX \
     locale-gen en_US.UTF-8 \
-    dpkg-reconfigure locales
+    dpkg-reconfigure locales \
+ && DEBIAN_FRONTEND=noninteractive apt-get clean --yes \
+ && rm -rf /var/lib/apt/lists/*
 
 # Install saltstack
 COPY assets/build ${SALT_BUILD_DIR}
@@ -67,8 +55,6 @@ COPY assets/runtime ${SALT_RUNTIME_DIR}
 RUN chmod -R +x ${SALT_RUNTIME_DIR}
 
 # Cleaning tasks
-RUN apt-get clean --yes
-RUN rm -rf /var/lib/apt/lists/*
 RUN rm -rf ${SALT_BUILD_DIR}/*
 
 # Entrypoint
diff --git a/README.md b/README.md
index 0c50199..da105d7 100644
--- a/README.md
+++ b/README.md
@@ -1,4 +1,4 @@
-# SaltStack Master v2018.3.4
+# SaltStack Master v2019.2.0
 
 Dockerfile to build a [SaltStack](https://www.saltstack.com) Master image for the Docker opensource container platform.
 
@@ -30,7 +30,7 @@ For other methods to install SaltStack please refer to the [Official SaltStack I
 Automated builds of the image are available on [Dockerhub](https://hub.docker.com/r/cdalvaro/saltstack-master/) and is the recommended method of installation.
 
 ```sh
-docker pull cdalvaro/saltstack-master:2018.3.4
+docker pull cdalvaro/saltstack-master:2019.2.0
 ```
 
 You can also pull the latest tag which is built from the repository HEAD
@@ -67,7 +67,7 @@ docker run --name salt_master --detach \
     --env 'SALT_LOG_LEVEL=info' \
     --volume $(pwd)/roots/:/home/salt/data/srv/ \
     --volume $(pwd)/keys/:/home/salt/data/keys/ \
-    cdalvaro/saltstack-master:2018.3.4
+    cdalvaro/saltstack-master:2019.2.0
 ```
 
 ## Configuration
@@ -91,7 +91,7 @@ docker run --name salt_master -d \
     --env 'SALT_LOG_LEVEL=info' \
     --volume $(pwd)/roots/:/home/salt/data/srv/ \
     --volume $(pwd)/keys/:/home/salt/data/keys/ \
-    cdalvaro/saltstack-master:2018.3.4
+    cdalvaro/saltstack-master:2019.2.0
 ```
 
 ### Master Signed Keys
@@ -105,7 +105,7 @@ docker run --name salt_stack --detach \
     --env 'SALT_MASTER_SIGN_PUBKEY=True'
     --volume $(pwd)/roots/:/home/salt/data/srv/ \
     --volume $(pwd)/keys/:/home/salt/data/keys/ \
-    cdalvaro/saltstack-master:2018.3.4
+    cdalvaro/saltstack-master:2019.2.0
 ```
 
 The container will create the `master_sign` key and its signature. More information about how to configure the minion service can be found [here](https://docs.saltstack.com/en/latest/topics/tutorials/multimaster_pki.html#prepping-the-minion-to-verify-received-public-keys).
@@ -115,7 +115,7 @@ Additionally, you can generate new keys by executing the following command:
 ```sh
 docker run --name salt_stack -it --rm \
     --volume $(pwd)/keys/:/home/salt/data/keys/ \
-    cdalvaro/saltstack-master:2018.3.4 app:gen-signed-keys other_master_sign
+    cdalvaro/saltstack-master:2019.2.0 app:gen-signed-keys other_master_sign
 ```
 
 The newly created keys will appear inside `keys/generated/other_master_sign` directory.
@@ -131,7 +131,7 @@ docker run --name salt_stack -it --rm \
     --env "USERMAP_UID=$(id -u)" --env "USERMAP_GID=$(id -g)" \
     --volume $(pwd)/roots/:/home/salt/data/srv/ \
     --volume $(pwd)/keys/:/home/salt/data/keys/ \
-    cdalvaro/saltstack-master:2018.3.4
+    cdalvaro/saltstack-master:2019.2.0
 ```
 
 ### Git Fileserver
@@ -180,13 +180,15 @@ Salt logs are accessible by mounting the volume `/home/salt/data/logs/`.
 
 Inside that directory you could find `supervisor/` logs and `salt/` logs:
 
+```sh
 docker run --name salt_master --detach \
     --publish 4505:4505/tcp --publish 4506:4506/tcp \
     --env 'SALT_LOG_LEVEL=info' \
     --volume $(pwd)/roots/:/home/salt/data/srv/ \
     --volume $(pwd)/keys/:/home/salt/data/keys/ \
     --volume $(pwd)/logs/:/home/salt/data/logs/ \
-    cdalvaro/saltstack-master:2018.3.4
+    cdalvaro/saltstack-master:2019.2.0
+```
 
 Check [Available Configuration Parameters](#available-configuration-parameters) section for configuring logrotate.
 
@@ -231,7 +233,7 @@ docker run --name salt_master -d \
     --volume $(pwd)/roots/:/home/salt/data/srv/ \
     --volume $(pwd)/keys/:/home/salt/data/keys/ \
     --volume $(pwd)/config/:/home/salt/data/config/ \
-    cdalvaro/saltstack-master:2018.3.4
+    cdalvaro/saltstack-master:2019.2.0
 ```
 
 ## Usage
diff --git a/VERSION b/VERSION
index 5f1fbee..a1f92e9 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-2018.3.4
\ No newline at end of file
+2019.2.0
\ No newline at end of file
diff --git a/assets/build/install.sh b/assets/build/install.sh
index e7389c6..cc1753d 100755
--- a/assets/build/install.sh
+++ b/assets/build/install.sh
@@ -6,11 +6,12 @@ source ${SALT_BUILD_DIR}/functions.sh
 
 # Install build dependencies
 echo "Installing dependencies ..."
-BUILD_DEPENDENCIES="gnupg git cmake gcc g++ make \
+BUILD_DEPENDENCIES="cmake gcc g++ make \
     libhttp-parser-dev libssl-dev zlib1g-dev \
-    libzmq-dev libcurl4-openssl-dev libffi-dev"
+    libcurl4-openssl-dev libffi-dev swig"
 
-apt-get install --yes --quiet --no-install-recommends ${BUILD_DEPENDENCIES}
+apt-get update
+DEBIAN_FRONTEND=noninteractive apt-get install --yes --quiet --no-install-recommends ${BUILD_DEPENDENCIES}
 
 # Create salt user
 echo "Creating ${SALT_USER} user ..."
@@ -37,20 +38,6 @@ cd libgit2-${LIBGIT2_VERSION}/
 cmake -DCMAKE_BUILD_TYPE=Release -DBUILD_SHARED_LIBS=ON -DBUILD_CLAR=OFF -DTHREADSAFE=ON .
 cmake --build . --target install
 
-# Install python packages
-echo "Installing python packages ..."
-pip3 install "pygit2==v${PYGIT2_VERSION}" \
-             "gitpython==v${GITPYTHON_VERSION}" \
-             "M2Crypto==v${M2CRYPTO_VERSION}" \
-             "Mako==v${MAKO_VERSION}" \
-             "pycryptodome==v${PYCRYPTODOME_VERSION}" \
-             "libnacl==v${LIBNACL_VERSION}" \
-             "raet==v${RAET_VERSION}" \
-             "CherryPy==v${CHERRYPY_VERSION}" \
-             "timelib==v${TIMELIB_VERSION}" \
-             "docker-py==v${DOCKERPY_VERSION}" \
-             "msgpack-pure==v${MSGPACKPURE_VERSION}"
-
 # Bootstrap script options:
 # https://docs.saltstack.com/en/latest/topics/tutorials/salt_bootstrap.html#command-line-options
 ## -M: install Salt Master by default
@@ -65,6 +52,18 @@ wget -O bootstrap-salt.sh https://bootstrap.saltstack.com
 sh bootstrap-salt.sh ${SALT_BOOTSTRAP_OPTS} git v${SALT_VERSION}
 chown -R ${SALT_USER}: ${SALT_ROOT_DIR}
 
+# Install python3 packages
+echo "Installing python3 packages ..."
+DEBIAN_FRONTEND=noninteractive apt-get install --yes --quiet --no-install-recommends \
+python3-mako python3-pycryptodome python3-cherrypy3 python3-git python3-u-msgpack \
+python3-ioflo python3-redis python3-gnupg python3-mysqldb python3-dateutil python3-timelib \
+python3-raet python3-libnacl
+
+# Install pip3 python packages
+echo "Installing pip3 python packages ..."
+pip3 install "pygit2==v${PYGIT2_VERSION}" \
+             "M2Crypto==v${M2CRYPTO_VERSION}"
+
 # Configure ssh
 echo "Configuring ssh ..."
 sed -i -e "s|^[# ]*StrictHostKeyChecking.*$|    StrictHostKeyChecking no|" /etc/ssh/ssh_config
@@ -111,3 +110,7 @@ autorestart=true
 stdout_logfile=${SALT_LOGS_DIR}/supervisor/%(program_name)s.log
 stderr_logfile=${SALT_LOGS_DIR}/supervisor/%(program_name)s.log
 EOF
+
+# purge build dependencies and cleanup apt
+DEBIAN_FRONTEND=noninteractive apt-get clean --yes
+rm -rf /var/lib/apt/lists/*
diff --git a/docker-compose.yml b/docker-compose.yml
index 7769673..6780b08 100644
--- a/docker-compose.yml
+++ b/docker-compose.yml
@@ -3,7 +3,7 @@ version: '3'
 services:
   master:
     container_name: salt_master
-    image: cdalvaro/saltstack-master:2018.3.4
+    image: cdalvaro/saltstack-master:2019.2.0
     restart: always
     volumes:
       - "roots/:/home/salt/data/srv"