Project

MODERNIZATION, OPERATION, MAINTENANCE, CONSERVATION AND EXPLOITATION OF THE FREIGHT RAILWAY LINE KNOWN AS "SHORT ROUTE" (VIA CORTA).

Sector: Transport


Last Revision

May 02, 2024
Short Name of the Project:
0276 Corta Sur Railroad
Type of Investment:
Brownfield
Subsector:
Railways
Asset (s):
 Freight Train 376.94 KM 
Contract Currency:
Mexican Pesos MXN
Estimated Investment MXN:

N.A.

Estimated Investment USD:

N.A.

Exchange rate (USD/MXN) used by the Ministry of Finance for the economic plan 2025: $ 18.5
Contract Scope:
  Modernization,  Operation,  Maintenance,  Conservation,  Exploitation

DESCRIPTION

AGREEMENT (06/29/1998). The assets that are part of the Southeast general railroad communication line, the buildings and the facilities required for the provision of auxiliary services such as cargo terminals, maintenance workshops and supply centers, are destined to the service of the Ministry of Communications and Transportation.
The Southeast general railroad communication line has a total length of 1,479.06 km including the route called Vía Corta Sur with 376.94 km.

AGREEMENT (03/09/2000). . The assets that are part of the general railway communication line called Vía Corta Oaxaca, and the buildings and facilities required for the provision of auxiliary services, such as freight terminals, maintenance workshops and supply centers are destined to the service of the Ministry of Communications and Transportation.
The general railway communication line called Vía Corta Oaxaca has a total length of 218.5 km, and communicates the states of Oaxaca and Puebla.
ORIGINAL TITLE (14/10/2005). The concession of the general railway line that corresponds to the Oaxaca and South Short routes, as well as their operation and exploitation was awarded to the company Ferrosur, S.A. of C.V. the . The general railway line includes the railways, right of way, traffic control centers and the signals for the railway operation.

This concession will be in force for thirty years, starting on the date of completion of the delivery-reception due diligence of the short routes and the assets, or as of December 1st 2005, whichever occurs first.

FIRST AMENDMENT (11/29/2012). The Vía Corta Oaxaca formed by the rail line "E" Sánchez-Oaxaca, from km E-150 + 000 to km E-367 + 000, is excluded from the concession , as well as the attached works and improvements made by the concessionaire. These assets are reversed in favor of the Federal Government, without limitation of ownership and/or lien.

LEGAL AND FINANCIAL STRUCTURE

Type of Project
  Public / Private
Type of Contract
  Concession
Term
30 years
Selection Process
Public Bid
Payment Source
Project revenues / Rate
The main source of payment are the rail freight service charges collected by the concessionaire.

STATUS

Stage
  Operation
Substage
  > 5 years of operation
RELEVANT DATES
Contract Signing October 14, 2005
Term of the Contract 2035
Contractor
Ferrosur  
Major Contractor’s Shareholders
Grupo México

GEOLOCATION

State(s)
Morelos, Tlaxcala, State of Mexico, Hidalgo, Puebla   

SPONSOR

Responsive image
Entity
Secretaría de Infraestructura, Comunicaciones y Transportes
Department
Dirección General de Desarrollo Ferroviario y Multimodal
Contact
Ing. Jorge Luis Hernández Luna
E-mail
jorge.hernandezl@sct.gob.mx

SUSTAINABLE INFORMATION

PROJECT’S SUSTAINABILITY SUMMARY

The project seeks to facilitate the Mayab railway communication route, from Coatzacoalcos to Mérida, crossing the states of Veracruz, Tabasco, Chiapas, Campeche and Yucatán, interconnecting important agricultural and livestock areas, as well as industrial and cement production points.

* This summary was prepared based on the methodological framework defined by the Inter-American Development Bank (IDB) in the document entitled: “Attributes and Framework for Sustainable Infrastructure”, which is You can check Here.

Additionally, a brief explanation of the methodology and a summary of the questions applied can be consulted in this Document.

ADDITIONAL INFORMATION

Responsive image
Source
Diario Oficial de la Federación
Description
A Constitutional Government of the United Mexican States Body, which has the function of publishing in the national territory: laws, regulations, agreements, circulars, orders and other acts issued by the powers of the Federation.
Responsive image
Source
Mexican Stock Exchange
Responsive image
Source
Concessionaire / Related Company

Follow the Project

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

 I have read and I accept the Privacy Notice