<img height="1" width="1" src="https://www.facebook.com/tr?id=122870811637131&amp;ev=PageView &amp;noscript=1">
Investment Properties Mexico
Toll Free USA/Canada (866) 751-7955

Read. Learn. Invest. Grow

Quintana Roo Government Seeks Concession on Riviera Maya Airport Bid

13 September, 2012

If Mexico's transport and communications ministry (SCT) does not launch a new tender, the government of the state of Quintana Roo has announced that it will seek the concession to build the
new Riviera Maya airport, according to a report by the newspaper, El Economista. From the report, Quintana Roo governor Roberto Borge stated, “As the state government, we could make the decision to bid for a state-run airport.”

Digging deep into items found back in 2004, uncovered public documents prove that the state of Quintana Roo quietly formed a new company before the end of 2004 owned mainly by the state to seek the concession to build and operate the new international Riviera Maya airport. The new majority state-owned company, known as Aeropuerto Internacional de la Riviera Maya, S.A. De C.V., will be required to remain at least 51 percent state-owned and the federal government is allowed to own up to a 49 percent stake through its decentralized government entity ASA, Aeropuertos y Servicios Auxiliares.

Just last week, SCT announced that it will acquire up to 176ha of land in the state of Quintana Roo to make room for the project, which led to the assumption that the government will forge ahead with the project despite the rejection of all three recent bids.

As reported at the end of May, the previous tender by SCT for the construction and operation of the $269 million dollar airport project that was submitted in 2010,r ejected the three other bidders’ proposals. Those included Grupo Mexico, who joined with local airport operator GAP, another group comprised of Tradesco Infrastructura and Argentina's Corporacion America, and local airport operator Asur in conjunction with Aeropuerto de Cancun.

Another key to the amount of interest and activity surrounding this new highly anticipated Tulum airport, and some new and surprising candidates entering into the race.  The competition heats up!

Like this story? Like Investment Properties Mexico on Facebook.

Topics: Politics Riviera Maya Quintana Roo