A Mexican-Spanish conglomerate led by Cicsa (Carlos Slim’s Construction company) and Spanish companies Acciona and FCC have signed the contract to develop the new terminal at Mexico City Airport.

The consortium also includes local Mexican companies ICA, GIA, Prodemex, Grupo Hermes and La Peninsular. The project has a total estimated cost of MXN84.828 billion (around US$4.2 billion).

The signatory consortium was awarded the contract after submitting the best economic and technical bid for the project. The new airport, which will be built on land located in the Federal Zone of Lake Texcoco, will be the world's second most important under construction.

The project's scope envisages the construction of a building with an area of 743,000 square metres over four floors on a plot of land measuring 4, 430 hectares. Arrivals, baggage reclaim and all services relating to ground handling and the baggage handling system will be located on the first floor. This level will also include access to the car park, the flight information area, the short stay car park and access to the Metro from the Ground Transportation Centre.

The second floor will be used for international arrivals, immigration and the flight transfer area. Departures will be located on the third floor which will have a large central shopping area, departure passageways and an area reserved for pre-clearance. Lastly, the fourth floor will include a car park, the check-in area and security control.

The building has been designed by architects Norman Foster and Fernando Romero and will take the shape of an X, alluding to Mexico. It will have the capacity to transport around 125 million passengers per year.