Project

CONSTRUCTION, DEVELOPMENT, ADMINISTRATION AND MAINTENANCE OF THE FEDERAL SECTION OF THE SPECIAL ECONOMIC ZONE OF PROGRESO, IN THE STATE OF YUCATAN.

Sector: Industry

This project is no longer updated

Last Revision

April 25, 2019
Special Economic Zone:
 
Short Name of the Project:
0843 Comprehensive Administrator of the Federal Section of the Progreso Special Economic Zone
Type of Investment:
Archived Project
Subsector:
Industry
Asset (s):
 Land 320 Ha 
Contract Currency:
US Dollars
Estimated Investment MXN:

2,680,000,000

Estimated Investment USD:

134,000,000

Exchange rate (USD/MXN) used by the Ministry of Finance for the economic plan 2019: $ 20
Contract Scope:
  Construction,  Administration,  Maintenance

DESCRIPTION

On December 1st, 2018, Mexico had a federal government administration change. As a consequence, all those projects that are in the pre-investment stage are subject to the confirmation of the new authorities.

International Public Tender to assign a concession to a Comprehensive Administrator to build, develop, manage and maintain the federal section located within the Large Polygon (“Polígono Amplio”) of the Progreso Special Economic Zone.

Once the ruling takes place, the assignee will receive the concession. The operating permit is subject to the environmental impact authorization in accordance with the provisions of the General Law of Ecological Balance and Environmental Protection.

The permit and the concession will be valid for 40 years, with a possible extension of an equal period. Once the period of the permit has expired, in accordance with Art. 31 of the Special Economic Zones Federal Law, any asset and installation adhered to a property subject to the public domain regime of the Federation, will be reinstated in favor of the Nation, free of charges and liens.

The land matter of this tender, is property of the Federation, and is located north of the city of Merida, and south of the city of Progreso, on the Federal highway MEX-261, in the state of Yucatan. The section has an area of 320 Ha.

The section has a flat topography, where industries of the Informations Technology and Communications sector are intended to be established. It has several logistic connections bordering the Federal Highway MEX-261; 10 km from the port of Progreso Port Administration and 43 km from the Merida International Airport, as well as easy access to basic services such as water for industrial use and electricity.

The tender will have a Prequalification Stage during which the capacity and technical, financial, legal and operational experience of the bidders will be evaluated, and a Qualification Stage, in which the bidders will prepare the technical and financial proposals to be evaluated for the subsequent ruling, based on the provisions of the Special Economic Zones Federal Law, its Regulation and the Guidelines for Granting Permits, Authorizations and Assignments in Special Economic Zones.

LEGAL AND FINANCIAL STRUCTURE

Type of Project
  Public / Private
Type of Contract
  Concession
Term
40 years
Selection Process
International Open Tender
Financing Sources
Private
100 %
MXN
2,291,400,000
USD
134,000,000
Payment Source
Project revenues / Rate
The source of payment is by charging the associated service fees and real estate income, according to the business model of the Comprehensive Administrator.

STATUS

Stage
  Preinvestment
Substage
  Preparation
RELEVANT DATES

GEOLOCATION

State(s)
Yucatan   

Entity in charge of controlling the possession of communal land, as well as providing documentary legal security derived from the application of the Agrarian Law, and is the operator of the Geospatial Information System (SIG).

SPONSOR

Responsive image
Entity
Secretaría de Hacienda y Crédito Público
Department
Autoridad Federal para el Desarrollo de las Zonas Económicas Especiales.
E-mail
concursos.publicos@zonaseconomicas.gob.mx

REMARKS

The project will be removed from Mexico Projects Hub as is no longer an investment opportunity. All inclusions, changes and/or cancellations of projects in Mexico Projects Hub are executed by Banobras exclusively according to official information and/or instructions delivered by the sponsor entities.

Follow the Project

Leave your e-mail to receive updates on this Project.

 I have read and I accept the Privacy Notice