NAICM is one of the world’s most intricate infrastructure projects and when completed will become Mexico’s door to the rest of the world. According to the National Infrastructure Plan, NAICM is intended to be an international hub as well as a global logistics platform that will spark the country’s economic and socialdevelopment. This international flagship also will demonstrate the country’s ability to develop immense projects in an efficient and transparent manner and will become an economic focal point, creating a balance between the west and east of the city. One of the biggest challenges we will face will be finishing both on time and on budget, which is a challenge for any megaproject. Of all of the megaprojects constructed around the world, only 6 percent are actually finished on time and on budget but we are optimistic the new airport will be one of them.
SEDENA will be in charge of the construction and no more tenders will be organized. This and more in this week’s roundup!
Grupo Aeroportuario de la Cuidad de Mexico (GACM)
Travelers flying to or out of Mexico City on any Friday night or Monday morning will immediately understand one of the airport’s main problems:
Once incentives are established the green bond market will boom
The rise of global warming is causing world leaders to prioritize sustainability.
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Sacyr is a multinational infrastructure and services company. Its emphasis on innovation and international expansion have made it a world leader.
The public sector made BIM mandatory, but the construction company, designer and project manager did not want it and looked at it as an extra cost.
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Alberto de la Parra
Jones Day served as lead counsel for NAICM’s US$2 billion green bond issuance, winning Structure Finance and Securitization of the Year by IFLR.