CBA Presentation XXIX Reunión Conjunta Comite Empresarial Chile - Japon

Transcripción

1 CBA Presentation XXIX Reunión Conjunta Comite Empresarial Chile - Japon Santiago, December 2 nd 2014

2 Location CÓRDOBA VALPARAÍSO MENDOZA RÍO IV ROSARIO SANTIAGO SAN LUIS MONTEVIDEO BUENOS AIRES CHILE 49.25% population 51.84% GDP ARGENTINA 60.7% population 52.83% GDP 2

3 Optimization of Mercosur Chile Road / Rail Network South America 48% Population 70% GDP 3

4 Chosen Alignment Bottleneck optimization Alternative C (14 alignments analyzed) 4

5 Construction Stages Stage I: 24 MM ton/year Open pit track: single track, crossing every 15 km Single Base Tunnel, with two multifunctional stations Stage II: 34 MM ton/year Open pit track: double track Single Base Tunnel, with two multifunctional stations Stage III: 77 MM ton/year Open pit track: double track Double Base Tunnel, with two multifunctional stations 5

6 Magnitude and Crossing Times Stage I Stage II Stage III Max. Capacity (MM ton) Train Length (meters) Inter time (minutes) Trains per day (Max) (*) Crossing Time 3h10min-4h 2h40min-3h10m 2h30min (*) Asumiming an omptimal traffic mix of 50/50 6

7 CBA Project Evolution Private Initiatives presented in Chile and Argentina Jan 2008 Declared Public Interest Project in Chile (Aug 2008) and Argentina (Sep 2008) Feasibility Study (Phase 1) submitted to both governments (Mar 2009) Bi-National Treaty of Maipú signed between Chile and Argentina on Oct 30th 2009: Additional Protocol creating a Binational Authority to command the Bid and to regulate the Bioceánico Aconcagua Corridor Treaty ratified by Argentine Congress Nov 18th 2009 Treaty ratified by Chilean Congress Nov 25th 2009 Conversations started with Multilateral Credit Organizations for financial support for the project Feb 2010 Bioceánico Aconcagua Consortium July 2010 Corporación América (Argentina) Empresas Navieras S.A. (Chile) Mitsubishi Corporation (Japan) Geodata (Italy) Contreras Hermanos (Argentina) 7

8 CBA Project Evolution (cont.) Audience with Argentine President, Cristina Fernández Jul 26 th 2011 Final Project delivery to Binational Authority Jul 29 th 2011 Audience with Chilean President, Sebastián Piñera Aug 4 th 2011 IDB CBA Mendoza Gob. Meeting at Argentine Embassy in Washington, Feb 3 rd 2012 President Cristina Fernández State Visit to Chile Mar 16 th 2012 It reinforced the strategic value of the project as agreed in the Treaty of Maipu. Meetings with WB y IDB, financial structuring. Washington Aug & Oct 2012 Bilateral meetings in Santiago and Rome in Jan & Mar 2013 President Michelle Bachelet State Visit to Argentina May 12th 2014 Final Observations Review Process, May-December

9 Binational Connection Projects Las Leñas Agua Negra Bioceánico Aconcagua Requires State funding during Construction? Yes Yes No Requires State funding during Operation? Yes Yes No Repayment of Investment with project cash flow? No No Yes Repayment of OPEX with cash flow? No No Yes Level of project progress 1 year of Studies (in process) 5 years of Studies 7 years of Studies Project transport capacity (ton/year) 7 MM 9 MM 24 MM simple track 77 MM double track Expected Demand No information to date 9 MM ton/year at 20 year of operation 12 MM ton/year at first year of operation Construction Period 10 to 12 years 7/8 years 10 years Tunnel Length 14 km 14 km 52km Service interruption due to weather conditions? Yes Yes No Need to shift truck? Yes Yes No Transportation Services on access roads? No No Yes Optimization of Mercosur Chile Road / Rail Network No No Yes Railway Connection with Brazil No No Yes Interconnects to Argentine infrastructure: RN 188 RN 150 RN 7 FCG San Martin FCG Belgrano Distance from tunnel to ports on the Pacific Ocean 250 km to Valparaíso 610 km to Valparaíso 140 km to Valparaíso 200 km to San Antonio 680 km to San Antonio 180 km to San Antonio 290 km to Ventanas 570 km to Ventanas 115 km to Ventanas Córdoba (Arg) San Antonio (Cl) km km km Buenos Aires (Arg) Valparaíso (Cl) km km km São Paulo (Bra) Valparaíso (Cl) km km km 9

10 CBA Presentation XXIX Reunión Conjunta Comite Empresarial Chile - Japon Santiago, December 2 nd 2014