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Aerial
view of Phase 1 Mexico City Beltway
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The new National Infrastructure Plan requires
project development of which OHL is a proud
protagonist
Mexico finds itself now in a unique but paradoxical
moment. Only ten years ago there was a backlog
of infrastructure projects to be undertaken
but there were no funds to be found. Nowadays,
cash abounds, but there is a noticeable shortage
of projects. By projects, Alonso García
Tamés, general manager of BANOBRAS, means
the identification of the problems and
a solution that is bankable, fundable by the
financial market. Private companies like
OHL are now stepping in to take full advantage
and complement the new investment opportunities
available. OHL is a Spanish-based concessionary
firm whose core business is franchising basic
infrastructure, transportation, and water treatment
and desalination plants. The group is present
in many countries around the world, but lately
has focused mainly on the Brazilian and Mexican
markets. Mexico is where OHL has diversified
the most, opening its portfolio to new ventures
in real estate and tourism.
2007 saw the opening of Mexico's first desalination
plant in Baja California through OHL's subsidiary
INIMA. More plants are in the pipeline for the
extremely arid northern regions. This year also
witnessed the first ever PGA tournament south
of the U.S. border at the stylish Mayakobá
Resort, which is OHL's first project outside
of their core area. Along more traditional lines,
the group is playing an important role in roads,
airports and suburban public transport. OHL
currently holds two concessions for major highways
near the capital. Works on the Mexico City Beltway
were started in 2004. Its total 142 kilometers
are being built in four stages, of which the
first has been completed. The 123 kilometers
of the new Amozoc-Perote highway will pass through
Puebla, Tlaxcala and Veracruz. OHL announced
that they would like to eventually have a portfolio
totaling 1,000 kilometers of roads in Mexico.
Regarding airports, OHL is a major shareholder
of the Toluca Airport and of the real estate
company Fumisa that built the International
Terminal at the Mexico City Airport. Toluca's
airport, part of the Mexico City Metropolitan
Airport System, is well-connected and is located
just 30 minutes west from Mexico's newest business
district, Santa Fe. As the capital's airport
edges towards saturation, Toluca is one of the
contenders to handle spillover air traffic.
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“A country that has
no modern infrastructure can never be
adequately competitive”
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OHL has also invested in Mexico's first suburban
train. The 27-kilometer line with seven stations
cost $500 million and will serve 100 million
passengers yearly. OHL Mexico's CEO, José
Andrés de Oteyza, is enthusiastic about
these projects and asserts that they will help
Mexico progress economically. "A country
that has no modern infrastructure can never
be adequately competitive," he states.
The Mexican Secretary of Communications and
Transportation, Luis Téllez, said the
newly elected administration plans to build
9,000 kilometers of highways, of which 89% will
be privately funded. "What is making the
road networks grow in Mexico is demand... as
well as a needed increase in efficiency for
exports and for the internal market," explains
Dr. Téllez. Furthermore, airports around
the country are being upgraded in an ongoing
effort to modernize the system and raise the
capacities to be able to handle the increase
in air traffic. Other objectives the Secretary
mentions as high-priority during the six-year
term are fully connecting the country digitally.