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Riviera Maya Airport: Major Interest From Miner

12 September, 2012

Following our predictions earlier this year,mining company,Grupo Mexico,yesterday confirmed its interest in bidding for the Riviera Maya airport project.

Speaking to Reuters news agency,Juan Rebolledo,vice president of international relations at Grupo Mexico,said they are interested in expanding the construction arm of their business and competing for the new airport.

Without naming potential partners,Rebolledo said,"We will not necessarily do it alone,we will probably do it with others".

More than ten different companies and investment groups are now thought to be examining the requirements to bid for the Riviera Maya airport concession,which were published two weeks ago by the Mexican government.

Humberto Treviño Landois,Mexico's deputy transport minister,says they hope to select a winning bidder to build and operate the new Tulum airport by the first week of 2011.

The initial concession will be granted for 50 years and construction should begin in 2012,so the airport can be ready to open in 2014.

The airport is set to detonate economic development in the area and reduce transfer times from Cancun and Cozumel.

Top international properties experts say it will make Tulum "The Next Big Thing",predicting as many as 11 million "high-earning,high-spending visitors" will arrive to the zone,every year.

The new international terminal will require an investment of some $254 million and have a capacity for up to 3 million passengers per year. It will occupy 3,700 acres (1,500 hectares) in the heart of the fast-growing Riviera Maya real estate market.

Aside from Grupo Mexico,other bidders expected to compete for the project include:

 

  • ASUR,operator of south-eastern Mexican airports,including recently expanded Cancun airport.
  • OMA,operator of northern Mexican airports,including Monterrey and Acapulco.
  • GAP,operator of Mexican Pacific side airports,including Guadalajara.
  • IDEAL,construction company of Carlos Slim,the "richest man in the world".
  • Abertis,Spanish global infrastructure,transport and communications company.
  • Bouygues Batiment International,world-leading French civil engineering group.
  • OHL,one of Spain's largest construction companies.
  • Macquarie,Australian infrastructure investment group.
  • Advent International,global private equity investors.
  • An as yet unnamed group of 5 top local Yucatan businessmen.

Visit our destination pages to find out more about the new Riviera Maya airport or Tulum real estate.

 

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