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Tuesday, January 12, 2010
Today's News Headlines
* Public-private investment in airports to exceed US$182mn - Mexico
* Container handling at Navegantes port up 73% - Brazil
* Morales to nationalize rail network in 2010, says minister - Bolivia
* MOP inaugurates section of Huasco-Vallenar irrigation works - Chile
* Bidding rules for 3G auction snapped up - Mexico
* OMA airport traffic down 9.9% in December - Mexico
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* Public-private investment in airports to exceed US$182mn - Mexico
Mexico's transport and communications ministry (SCT) will work with the private sector to invest 2.3bn pesos (US$182mn) in airport improvements during 2010, the ministry said in a release.
Important projects will include construction of Quintana Roo state's new Riviera Maya international airport, and Palenque airport in Chiapas state, according to SCT head Juan Francisco Molinar Horcasitas.
Expansion and remodeling work will also be carried out at terminal 2 of Cancún airport, as well as Mérida, Oaxaca, Villahermosa and Tijuana airports.
Investments in airport infrastructure for 2009 totaled 1.7bn pesos, Molinar Horcasitas said.
Major works included the inauguration of a second runway at Cancún airport, remodeling of Mar de Cortés airport in Puerto Peñasco, Sonora state, as well as the expansion of Guadalajara and Toluca airports.
SCT will continue working to make the country a world-class logistics platform, said Molinar Horcasitas, who was speaking at a ceremony to mark the 100th anniversary of aviation in Mexico.
By Business News Americas staff reporters
* Container handling at Navegantes port up 73% - Brazil
Preliminary figures for Brazilian infrastructure firm Triunfo Participações e Investimentos (TPI) (Bovespa: TPIS3) show container handling at Navegantes port went up 73% in 2009, according to a company release.
The company's consolidated TEU performance in 2009 stood at 413,968 TEUs. A total of 239,312 TEUs were handled in 2008.
TPI has operated highway concessions in the south and southeast of Brazil since 1995. The firm also has investments in companies that provide public services in the highway, port and electricity generation sectors.
TPI shares control of Portonave, as well as holding 100% of Rio Verde Energia.
By Business News Americas staff reporters
* Morales to nationalize rail network in 2010, says minister - Bolivia
Bolivia's President Evo Morales will nationalize the country's rail system during 2010, government news agency ABI reported.
A team from the transport ministry is working to transfer railways to state ownership, and will create a national rail company later this year, public works minister Wálter Delgadillo was quoted as saying.
The Ferroviaria Occidental railway is controlled by Chile's Luksic group, which created Bolivian subsidiary Empresa Ferroviaria Andina (FCA) to operate the line.
The Ferroviaria Oriental railway is 50% owned by US rail company Genesee & Wyoming, while the rest is divided between pension fund managers (AFPs) and minor investors.
Ferroviaria Oriental operates a 1,243km network and the company was privatized in 1996.
By Business News Americas staff reporters
* MOP inaugurates section of Huasco-Vallenar irrigation works - Chile
Chile's public works minister Sergio Bitar inaugurated the third section of the Huasco-Vallenar irrigation project, the public works ministry (MOP) reported in a release.
Works involved improving the five main irrigation canals located in the Vallenar area, as well as the construction of new water intake systems and water tanks.
The third section will irrigate a 4,500ha area, benefitting over 600 farmers.
By Business News Americas staff reporters
* Bidding rules for 3G auction snapped up - Mexico
A total of 93 companies have acquired bidding rules for an auction for spectrum in Mexico's 1.7GHz-1.9GHz bands, local telecoms regulator Cofetel said in a statement.
Cofetel said a combination of incumbent operators and potential new entrants bought the rules that went on sale for a mere three days, from January 6-8.
Forty four companies acquired the documents for the 1,850-1,910/1,930-1,990 MHz band tender, and 49 companies bought rules for 1,710-1,770/2,110-2,170 MHz.
The watchdog is hopeful that the auctions will see new entrants to the market and that the spectrum will be used for offering 3G mobile data services.
Those operators named as having picked up rules include local mobile market leader Telcel of América Móvil (NYSE: AMX), third-placed Iusacell and Mexican fixed line operators Axtel and Maxcom.
In addition, Mexican broadcast giant Grupo Televisa and cable TV operator Megacable bought bidding rules, along with Spain's Telefónica (NYSE: TEF).
The deadline for the submission of bids is May 25.
By Business News Americas staff reporters
* OMA airport traffic down 9.9% in December - Mexico
Mexican airport operator OMA (Nasdaq: OMAB, BMV: OMA) experienced a 9.9% decrease in traffic at its airports in December 2009 compared to the same month in 2008.
Domestic traffic fell 10.5% to 789,243 passengers in the period, with the sharpest drops in traffic seen at Monterrey, Acapulco, Tampico and Ciudad Juárez airports, according to a company release.
Culiacán, Durango, Reynosa and San Luis Potosí airports all reported growth in domestic traffic, with Culiacán airport receiving 11.4% more passengers than in December 2008.
Meanwhile, international traffic was down 7.4% to 170,044 passengers. Monterrey and Acapulco airports had the largest traffic reductions, while Mazatlán, Zacatecas, Durango and Chihuahua airports all reported growth in passenger traffic.
OMA operates 13 airports, serving Monterrey, Acapulco, Zihuatanejo, Mazatlán, Culiacán, Ciudad Juárez, Chihuahua, Tampico, Reynosa, Torreón, Zacatecas, Durango and San Luis Potosí.
By Business News Americas staff reporters
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In-deph interview
*
Citibank Peru corporate finance VP Alberto Carrera
Peru
http://www.bnamericas.com/interviews/privatization/Citibank_Peru_corporate_finance_VP_Alberto_Carrera-/169479544
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Main companies covered in today's news
* Noble Energy, Inc.
http://www.bnamericas.com/company-profile/en/Noble_Energy,_Inc,-Noble/169479544
* Perenco PLC
http://www.bnamericas.com/company-profile/en/Perenco_PLC-Perenco/169479544
* Construtora Norberto Odebrecht S.A.
http://www.bnamericas.com/company-profile/en/Construtora_Norberto_Odebrecht_S,A,-CNO/169479544
* Secretaria de Comunicaciones y Transportes
http://www.bnamericas.com/company-profile/en/Secretaria_de_Comunicaciones_y_Transportes-SCT_Mexico/169479544
* Empresa Concessionária de Rodovias do Norte S.A.
http://www.bnamericas.com/company-profile/en/Empresa_Concessionaria_de_Rodovias_do_Norte_S,A,-ECONORTE/169479544
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