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UBS To Advise On Tulum Airport

12 September, 2012

El Universal newspaper reported,
last week,that international investment bankers,UBS,will be acting as
financial advisers on the new Tulum
project in the Riviera Maya.

The Mexican daily's respected
columnist,Alberto Aguilar,wrote that everything is ready to launch the Tulum
airport bidding process in January and advisers have been chosen,including UBS,
as financial advisers,and Mexican bank,Banobras,as the "assigned

Although Aguilar didn't name his sources,the detail of the
information in his column suggests he has reliable contacts that are closely
involved in the project.

Aguilar said the Tulum airport land is all
agreed (as previously reported by us),local concerns
have been overcome and go ahead has been given from INAH (Mexico's archaelogy

The article pointed out that it still remains to be seen if
the Federal Competition (Anti Trust) Commission will allow the owner/operator of
Cancun airport,ASUR,to bid, and that this
will be a "tricky" decision for the Commission that could leave the way open for
new players.

Aguilar suggests that private equity firm,Advent,will show
interest in bidding,along with two other established Mexican airport operators
- GAP (Pacific airports) and OMA (North Central airports).

Although the
bidding process was expected to be launched this year,difficult financial
markets and technical delays had caused the timetable to slip.

the launch of the bidding process for the new Tulum airport now looks certain
for the New Year and 2010 will be a big year for Tulum.

Visit our destination information pages for more
about Tulum airport.

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