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Carlos Slim consortium wins $4.2bn Mexico City airport bid

The team, which also includes FCC and Acciona, will be tasked with building one of the largest infrastructure projects in Latin America.

A consortium led by billionaire Carlos Slim’s construction conglomerate Grupo Carso has won the rights to build a $4.2 billion airport terminal in Mexico City.

Mexico’s Secretary of Communications and Transport chose Infraestructura y Construcción, the infrastructure subsidiary of Grupo Carso, along with Spanish developers Fomento de Construcciones y Contratas (FCC) and Acciona and local Mexican construction companies ICA, GIA, Prodemex, Grupo Hermes and La Peninsular.

The Grupo Carso consortium won the rights to build one of Latin America’s largest infrastructure projects over a host of other bidders, most notably a group led by Spain’s Ferrovial.

With a 2020 completion deadline, the winning bidders must build a 743,000 square-metre X-shaped terminal at the new international airport in the Mexico City district of Lake Texcoco. The new terminal will have access to six runways and the capacity to transport around 68 million passengers a year. The project will involve large-scale hydraulic works and the construction of 24 water treatment plants.

Acciona and FCC, which is 61.1 percent owned by Grupo Carso, were involved in the recent construction of some of the world’s largest airports. They both helped build Terminal 4 at Madrid’s Barajas airport and Terminal 2 at Barcelona’s airport. FCC has also been involved with projects in Lithuania, Chile and Colombia.

Along with its stake in FCC, Grupo Carso also has an agreement with FCC since July 2015 to split project developments 50-50 on deals in North and South America. The venture is solely dedicated to construction projects.