Ferrovalle building rail line for new Mexico City airport

Mexican rail operator Ferrovalle is building a rail line to transport construction materials for Mexico City's international airport project.

The line will cost 1bn pesos (US$55mn) and will be financed with the help of commercial banks, company spokesperson Viridiana Quintero told BNamericas.

Construction will be finished within six months, she added without disclosing further details.

The authorities said recently that the new train line will transport about 63Mm3 of earth for the airport project, about half the material needed.

GACM, the concessionaire for the future airport, has said it will launch more than 40 tenders for the project this year.

The airport will have a footprint of around 4,430ha and eventually handle up to 120mn passengers a year. The final price tag is estimated at 169bn pesos. Of the total, 127bn pesos will be allocated to infrastructure, 17bn pesos to water treatment and management, 20bn pesos to design, engineering and project management, and 1.7bn pesos for social projects.