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Attractive airport infrastructure deals in Latin America. Part 2 - Mexico City Airport at Texcoco

Analysis

Of all the big new airport projects throughout the world (Beijing, Chengdu, Istanbul, Sydney, Manila, Berlin etc) it is the one at Mexico City that it eliciting the greatest excitement. The international director of the Mitre Corporation, a US research organisation, referred to it as "probably the most advanced modern airport project worldwide," pointing to its capability to handle simultaneous traffic flows off multiple runways. More mundanely but of at least equal importance it will relieve the transport bottleneck that threatens Mexico's economy.

The history of the attempts to secure a new airport in Mexico City have been well documented by CAPA over the years, involving as they have economic uncertainty, environmental concern, political intrigue and even riots. A previous plan for a new airport in the same region was scrapped in the early 2000s following intense protests.

The inertia stood in contrast to the successful privatisations of many of Mexico's other main airports in three main groups, Mexico City's Benito Juarez International remaining under the control of the state operator ASA. (The city's Toluca Airport though was part-privatised).

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