Slim puts Mexico City airport runway contract in crosshairs - report

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Tuesday, June 28, 2016

Carso Infraestructura y Construcción, a subsidiary of Mexican conglomerate Grupo Carso, will reportedly partner with three local firms to participate in a 30bn-peso (US$1.57bn) tender to build two runways at Mexico City's under-construction new international airport.

Carso Infraestructura, controlled by Carlos Slim, Latin America's richest man, will form a consortium with Grupo GIA, Promotora y Desarrolladora Mexicana (Prodemex) and Grupo Hermes to participate in the tender, Reuters reported, citing unnamed sources.

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Each company would have a 25% stake in the consortium, it said.

Concessionaire GACM has said it will launch more than 40 tenders for the airport this year. The airport is due to become operational in 2020.

The tenders are part of 21 packages of work on the airport that are worth about 95bn pesos.

The airport will have a footprint of 4,430ha and handle up to 120mn passengers a year. Total cost for the project is estimated at 169bn pesos.