Investment Properties Mexico
Toll Free USA/Canada (866) 751-7955
 

Read. Learn. Invest. Grow

No Winner Yet in Tulum Airport Bidding

13 September, 2012

According to a report Friday by
Fox news,the Mexican Communications and Transport Ministry has rejected all
three of the recent proposals that were submitted by companies bidding on a
license to build and operate the new airport planned for Tulum,Mexico.
According to the Ministry,the bids were inadequate,so at this point none of
the contenders have been given the go-ahead to begin construction on the new
airport on Mexico’s Yucatan Peninsula.

In the statement,the Ministry
said it rejected the bids in conjunction with the Mexican development bank
Banobras,which is the country’s civil aviation authority and the airport
authority. The joint bid that was received from mining firm Grupo Mexico
(GMEXICO.MX) and airport operator Grupo Aeroportuario del Pacifico (PAC,
GAP.MX),was rejected because it did not meet the required operational or
security standards and also demonstrated a number of legal inconsistencies.

Mexico’s Federal Competition
Commission banned airport operator Grupo Aeroportuario del Sureste SAB (ASR,
ASUR.MX) from bidding on the project earlier this year. The company currently
operates the nearby international airport in Cancun,but it did not present the
necessary documentation to submit a bid after the ban.

A bid by a third group was also rejected due to the fact that it did not
meet operational and security standards,and also showed legal inconsistencies.
The Ministry has not yet announced when the tender will be launched again.

Like this story? Like Investment Properties Mexico on Facebook.

Comments