Institutional Arrangement
Investment Cycle
1
2
3
4
5
6
7
8
9
10
1
Planning
SCT establishes medium and long term sectorial programs for airport infrastructure development, based on the objectives and strategies defined by the National Development Plan and the National Infrastructure Program. The principal objectives are to a) provide long term solution to the increasing demand of airport services in Mexico City metropolitan area; b) supervise the performance of national airlines; c) implement bilateral airspace agreements; d) certify airport facilities according to international standards; e) provide training to crew members and air control staff; and, f) update regulation regarding security matters.
2
Identification
SCT identifies airport infrastructure projects to be developed, in accordance with planning documents Unsolicited proposals of PPP projects must be aligned to national and sectorial plans.
3
Structuring
The Civil Aviation General Direction (SCT) provides guidelines for state-owned companies to structure, by themselves or by means of third parties, the necessary pre-investment studies and analysis, required for the development of new airport projects.
4
Registration
For those projects that require federal funds, SCT presents a registration application to the Investment Unit of the Ministry of Finance (whether funded with fiscal budget or by the National Infrastructure Fund or FONADIN).
5
Prioritization
The CIGFD will evaluate the projects that require the allocation of federal funds, and will decide its inclusion in the draft of the annual expenditure budget. Additionally, this commission will determine the prioritization of the projects based on a) socioeconomic profitability; b) its impact in extreme poverty reduction; c) regional development, and d) concurrence with other programs and investment projects.
6
Authorization
- Projects that require federal funds are authorized by the House of Representatives.
- Projects with funding from FONADIN are authorized by the Fund.
- The IU will issue an opinion of economic viability for those projects that do not require public resources.
7
Promotion
The Civil Aviation General Direction and/or the involved state-owned companies are responsible for the promotion of the projects
8
Bidding
The bidding process is responsibility of the participating state-owned companies, and the process must be registered in CompraNet.
9
Financing
Different sources of funds are available for the projects, depending on their particular characteristics and their financial structure, including federal funds or PEF, and funds form FONADIN, Banobras, commercial banks, institutional and private developers, and from institutional investors.
10
Execution and Operation
Carried out by the operators (GACM, ASA, OMA, ASUR) and by the Metropolitan Airport System.
