Tender for the train project in Mexico to be announced in July
The National Fund for Tourism Promotion (Fonatur) of the Mexican Government has delayed the announcement of the basic engineering tender for the Mayan Train project from June 14 to July 15, 2019.
Fonatur has justified the postponement by a high number of interested firms that are willing to participate in the development of the project. Currently, the tender has attracted 79 companies. The Fund works to respond to all the questions raised so that the information given is clear, transparent and adheres to what is established by law.
Aside from the adjusted date of tender, the project route of the Mayan Train is also modified. In the modified design, the transport system will pass through state and federal highways only, and will not be passing through a concessioned Kantunil-Cancún highway as originally planned. That avoids a negotiation with the concessionaire ICA and would save the government up to MXN5.5 billion (US$287 million). The changes to the plan mean the journey between Valladolid and Cancun will not be direct: it will pass through the archaeological site of Coba.
The legal director to Fonatur Varela Arellano has explained that a direct route between Valladolid and Cancun may be made in the future if the funds are available. He also said that there were no negotiations with the concessionary (ICA) and no technical and economic issues, or conflicts with the company. The director explained that they preferred the route from the city of Valladolid to pass through the archaeological zone of Coba before reaching Cancún. "We opted for a perpendicular line, helps reduce some 55 kilometers of the track". In addition, Varela Arellano assured that they will be very careful with the archaeological zones that the project will cross.
The project will consist of 10 tenders, totaling in almost USD 8 billion. This year three of the ten tenders will be carried out. Seven of the total will be for the sections of roads, one for the signaling and communication system of the train, another for trains and one more to develop the stations.
The 1,500-km train system is expected to begin operation by 2023.
Country news
-
-
May 02, 2019
Mexico to move forward with the new plan for the canceled airport project
The construction work for the new airport in the city of Mexico will start in June 2019. The work was supposed to start by April 29, 2019, but it was postponed until after the environmental impact study is carried out.
Read more -
April 15, 2019
Bidding rules to be announced for USD8 billion Maya train project
The director of the National Fund for Tourism Promotion (Fonatur), Rogelio Jimenez Pons has announced that the bidding rules for the technical projects of The Maya Train PPP will be published after April 21, 2019. According to him, the objective is to have the Mayan Train project ready in 2023.
The project will be observed and accompanied by scientists and academia. The director of Fonatur has signed the agreement with the coordinator of the Scientific and Technological Consultative Forum so that the researchers contribute to this project with their knowledge. The bids for the project will be accompanied by international organizations such as the United Nations Organization for Project Services. Rogelio Jimenez Pons is stressing that there is a fundamental change in this government and administration which seeks legitimacy in all projects that´s why there will be scientists, academia and international institutions observing the Mayan train project that will give the project legitimacy.
Read more -
December 03, 2018
Local consortium secures financing for US$470 million road project in Mexico
A consortium of local companies - Grupo Indi, Idinsa, Supra and Constructora Cañeros - has secured a MXN3 billion (US$147 million) facility to finance the Arriaga-Tapachula highway rehabilitation project.
Read more -
May 25, 2018
Sacyr signs financing for hospital and highway PPPs in Mexico
Sacyr Concesiones has announced the close of financing of its two concessions in Mexico. The company has secured EUR86 million (US$100.82 million) for the Tlahuac hospital in Mexico City from the Mexican development bank Banobras, and another EUR86 million from Banco Interacciones for the Pirámides-Tulancingo-Pachuca highway.
Read more -
May 04, 2018
IDB to invest US$200 million in waste-to-energy PPP in Mexico
The private investment arm of the Inter-American Development Bank (IDB), the Inter-American Investment Corporation, has approved a US$200 million loan for the construction of a thermal solid waste treatment plant in Mexico City being developed through a public-private partnership.
Read more
