FONADIN Financing to the Development of Infrastructure. México D.F. January 28 th, 2014

Transcripción

1 FONADIN Financing to the Development of Infrastructure México D.F. January 28 th, 2014

2 Objectives of FONADIN Support the Development National Plan & Infrastructure National Program. Attract private investment to infrastructure projects. Assume risks that the market is not willing to take. Support projects with a social profitability but with low financial returns. Facilitate access to long term financing to infrastructure projects.

3 DNP: Prosperous México Infrastructure National Program IV México Próspero Economic growth sustained Economic stability Equalization of opportunities Adequate infrastructure Strategic inputs Competitiveness fostering Equity attraction Knowledge & technology for enterprises Rules for competitiveness Innovation fostering Fostering strategic sectors growth

4 Infrastructure National Program 743 Infrastructure Projects Strategic Sector Total Estimated Investment Public Investment Private Investment Projects Billion Dollars Communications and Transport Agricultural, Regional and Urban Development Energy (CFE and PEMEX) Hydraulic Health Tourism TOTAL

5 Sectors Eligible Highways Ports Airports Railroads Urban transportation Environment Tourism Water & solid wast Investment Funds

6 Eligibility Criteria's 1. Public Private Projects (Concessions). 2. Public bids. 3. projects with own source of payment.

7 Financial Products Non-refundable Refundable Contributions Subventions Equity Sub debt Guarantees Credit Studies Projects Private Equity Funds Projects Studies

8 PPP Scheme FONADIN Support for Stages Stages Public Bid Construction Ramp up Growth & Consolidation Financial Support No Refundable Refundable Subvention Sub Debt Contingency Credit Lines / Guarantees

9 Infrastructure Projects Risk Factors Cycle of Projects Stages Construction Ramp up Growth & Consolidation Delays Traffic Revenues overruns Tariffs OPEX Risks Executive Project changes Right of way financing failure Demand composition OPEX CAPEX Long term risks Economic environment Technical risks Environmental risks

10 FONADIN s Concessions Roads Bridges kms Operating ,637.1 Construction 9 1 3,81.5 Total ,018.6

11 Total Grant The National Infrastructure Fund has supported 95 projects and studies with more than USD $8.3 billions. This represents an investment driven over USD $26.6 billions. Granting Net Cumulative FNI (billions) Cumulative Grant Annual Grant

12 Granting by Industry % 9% 6% 3% 65% 8% Highways Water & Solid Waste Tourism Urban Transportation Investment Funds Others

13 Grant Support by Type % 15% 10% 44% 1% 1% Non-Refundable Subordinated Debt Guarantees FNI's Concessions Equity Credit

14 FONADIN Financing to the Development of Infrastructure México D.F. January 28 th, 2014

15 Feasible Projects to receive FNI s Support (Highways) Presidential Commitment Project Projects with authorized support 1 22 Carretera Cardel - Poza Rica (La Mancha - Tihuatlán) Autopista Tuxpan Tampico Autopista Jala - Compostela - Bahía de Banderas Autopista Siglo XXI. Projects to be approved 1 25 Libramiento vehicular de Puerto Vallarta 2 60 Primera etapa del Periférico de Orizaba Libramiento de Ciudad del Carmen (Primera Etapa) Carretera Pachuca- Huejutla Libramiento Ixmiquilpan Autopista Tuxtla Gutiérrez - Villaflores Libramiento de Barretal Libramiento La Galarza Amatitlanes Jiquilpan y Sahuayo Libramiento de Tulum Libramiento de Ciudad Obregón Silao San Felipe Coatzacoalcos a Tuxtla Gutiérrez Libramiento de Hermosillo

16 Feasible Projects to receive FNI s Support (Urban Transportation) Presidential Commitment Project Projects with authorized support Metro Línea 3 de Monterrey Línea 1 Tren Siteur Guadalajara BRT Monterrey ECOVIA BRT Tijuana Projects to be approved BRT Mérida BRT ZM de La Laguna Metro Chalco-La Paz Línea 3 Tren Siteur Guadalajara Tren México-Toluca Tren Suburbano 1 Ampliación a Huehuetoca

17 Feasible Projects to receive FNI s Support (Water) Presidential Commitment Project Projects with authorized support Suministro de agua para la Zona Conurbada de Guadalajara Incrementar el abastecimiento de agua potable para el D.F. Projects to be approved Construir una planta desalinizadora en La Paz Construir el acueducto "El Carrizal - La Paz PTAR en La Paz Construir el acuaférico y la segunda línea del acueducto Guadalupe Victoria PTAR en Uruapan y recuperar los márgenes del Río Cupatitzio Ampliar y mejorar la red de agua potable en Acapulco Incrementar el abasto de agua potable para las familias de Chilpancingo Modernizar los sistemas de agua potable y drenaje en Campeche Ampliar y mejorar la red de agua potable en Fresnillo Dotar de agua potable a Chiapa de Corzo.