The Strategic 100 LA · The Strategic 100 LA for 2013 The infrastructure projects in this year’s Strategic 100 LA highlight projects that are critical for the future of the region

The Strategic 100 LALatin America’s Top 100 Infrastructure Projects - 2013CG/LA Infrastructure assesses infrastructure projects throughout the world, through our annual lists of the Top 100 Global Projects, North American projects, and Latin American Projects. Each project is ranked along five separate criteria (our Latin American list is indexed below by sector followed by rank). The Strategic 100 LA list this year is worth $149.2 billion, and includes projects from 18 countries.

The RegionLatin America is at a tipping point. On the one hand, the region continues to grow at a significant rate, creating even greater demand for infrastructure - in addition, greater repressed demand is compounded by the region’s long-term underinvestment in infrastructure. On the other hand, Latin America is investing less than its global competitors. Unless the region dramatically increases infrastructure investment, it will begin to lose global competitiveness, at velocity.

Growth for the entire region is set to average 3.5% this year, and is projected at 4.5% in 2014. The GDP star continues to be Peru, projected to grow at 6.5% this year, followed by Chile at 4.8%, and Colombia at 4.4%. Brazil, Mexico and Argentina, the largest economies in the region, will grow at 3.1%, 3.5% and 3.9% respectively.

This twenty-four month growth period is a unique window of opportunity to think through and develop a regional infrastructure initiative. Bringing Projects Quickly to LifeThe key is to identify and prioritize the right projects - those that make a clear and unequivocal contribution to both a country’s long-term competitiveness and to immediate quality of life. Every project needs an elevator pitch, and that pitch has to be convincing. This is an area in which Latin America is weak (see the section on Vision), where there is an opportunity - and a necessity - to make a tremendous improvement.

CG/LA Infrastructure Inc Preliminary Release: April 24, 2013

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Note that this is the 11th edition of the ‘top’ projects in Latin America. The evolution of project demand, and the increased depth in capacity to execute on that demand, is extraordinary. In our first three years we identified the Top 25 projects in the region, and for the next couple of years we stretched to reach the Top 50 projects. Now there is no problem identifying 100 strong, strategic projects. The 2013 Strategic 100 LA list began in the 200+ project range, and shows a huge improvement in both the quality and quantity of projects.

The region’s overall goal needs to be a doubling of the size of infrastructure investment - within 24 months, and continuing for at least 10 years. This will require dramatically improved public sector performance and dramatically increased private sector participation to ensure that the right projects are built on time and on budget.

Improvements in two areas - grandly conceptual - can make all the difference:

1. Strategic Infrastructure. It is critical to place infrastructure decision-making and execution at the very pinnacle of a country’s national economic security plan. The idea of strategic infrastructure is fundamental.

We can’t emphasize enough that infrastructure decisions - projects and programs - are high-level decisions taken for the sake of immediate and long-term competitiveness, in a dynamically globalizing world economy. These are truly strategic economic decisions, in which a country is (a) investing in order to generate increased wealth and improved quality of life over a period of 40-50 years, and (b) betting on projects that - physically, financially, and in terms of management - become the building blocks for the next set of strategic choices and the next generation of projects.

So the decisions on infrastructure projects - which to prioritize, how to

4.65%

5.35%

4.85%

5.7%

4.45%

5.1%

6.9%

5.7%

0%

2%

4%

6%

8%

10%Consensus%Vision%

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Public%Sector%Strategic%Capacity%

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build - are deeply strategic, and they determine not only an economy’s global competitiveness, but its very options for competitiveness.

2. The Role of Vision. Vision is the critical element in any serious modern infrastructure initiative - it is the single greatest reason for the failure of infrastructure initiatives in Latin America, and globally, and impacts directly the role of leadership.

Vision is critical for two reasons: first, a vision brings everyone together, it is a consensus view of - (a) how a country sees itself now, (b) how it wants to see itself in the future, and (c) how it plugs into the global economy, (d) how it competes, and (e) what it believes is needed to compete more successfully. A clear consensus vision is also necessary to allow countries to sustain infrastructure initiatives across political administrations, a critical problem in twenty-first century democracies.

Note the difficulty that Brazil and Mexico currently have in building infrastructure - and their very low vision scores in our annual Country Infrastructure Competitiveness (CIC) survey. A ‘good enough’ score is 7.0, and Brazil’s score for 2013 is 4.65. Mexico’s vision scores are also extremely low, just below Brazil’s scores, at 4.58. High-level politicians spend little time on this issue.

But there is a crucial difference at this time: Brazil is nearing the end of President Rousseff’s term in office, whereas Mexico is beginning a presidential term. This is the time to present a vision, and to build consensus around that vision - something that only Chile has done in Latin America over the last generation.

The Strategic 100 LA for 2013The infrastructure projects in this year’s Strategic 100 LA highlight projects that are critical for the future of the region -- and that will, in fact, define the region for the next generation. The total value of these projects is just over $149.2 Billion, almost double what the region spends on infrastructure each year. Note that projects are executed over a period averaging 4-5 years, and that the vast majority of projects on our list are new project opportunities planned for the next 3-12 months.

4.58%

5.35%

4.86%

5.27%

4.88%

4.7%

6.97%

5.75%

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Country Project Name Value US$M

Project Sponsor Stage Sector Sub-sector 1 Sub-sector 2

Brazil Sinop Hydro $1,000 EPE Bidding Electricity Generation Hydroelectric

Chile Pozo Almonte Solar 2 $87 Solarpack Bidding Electricity Generation Renewables Solar

Costa Rica Reventazón Hydroelectric Plant

$1,200 ICE Financial Closure

Electricity Generation Hydroelectric

Brazil North-Southeast Network Expansion

$3,000 EPE Bidding Electricity Transmission

Brazil North-Northeast Network Expansion

$900 EPE Bidding Electricity Transmission

Chile Alto Maipo Hydro $1,400 AES Gener Construction / Procurement


Ecuador Hidroelectrica Coca Codo Sinclair

$1,682 Ministerio de Electricidad y Energias Renovables

Construction / Procurement


Ecuador Hidroelectrica Toachi Pilaton

$520 Ministerio de Electricidad y Energias Renovables

Financial Closure


Guatemala Strategic Expansion of the National Electric System

$218 Comisión Nacional de Energía Eléctrica (CNEE)

Bidding Electricity Distribution

Mexico 480MW Las Cruces $750 CFE Feasibility Electricity Generation Hydroelectric

Brazil São Manoel Hydro $1,200 EPE Bidding Electricity Generation Hydroelectric

Brazil Apertados Hydro $520 EPE Bidding Electricity Generation Hydroelectric





Chile Parque Fotovoltaico Los Andes

$572 AES Gener Feasibility Electricity Generation Renewables Solar

Mexico 420MW Tenosique $545 CFE Bidding Electricity Generation Hydroelectric

Peru L.T. Mantaro - Marcona - Socabaya - Montalvo 500KV

$372 Proinversion RFP/ RFQ Electricity Transmission 500KV

Chile Parque Eolico Loa $932 Ibereolica Feasibility Electricity Generation Renewables Eolic

Mexico SolMex Energy 450 Project

$1,400 Grupo Musa/Synergy Technologies

Financial Closure

Electricity Generation Renewables Solar

Mexico Centro Morelos 660 MW Electric Plant

$627 Federal Government Feasibility Electricity Distribution

Argentina 500 Kv Transmission Line Pico Truncado-Rio Turbio-Rio Gallegos-Calafate

$550 Ministry of Federal Planning Construction / Procurement

Electricity Transmission 500Kv

Mexico Refineria del Bicentenario

$11,600 Pemex Construction / Procurement

Oil & Gas Refineries

Peru Mass Use of Natural Gas Nationwide

$300 Proinversión RFP/ RFQ Oil & Gas Pipelines Gas

Argentina Northeast Gas Pipeline

$1,640 Enarsa (Argentina) and YBFB (Bolivia)

Bidding Oil & Gas Pipelines Gas

Mexico Gaseoducto Encino - Topolobampo

$1,000 CFE RFP/ RFQ Oil & Gas Pipelines Gas





Colombia Barrancabermeja Refinery Upgrade

$1,023 Ecopetrol RFP/ RFQ Oil & Gas Refineries

Mexico Gasoducto Sásabe-Guaymas

$569 CFE RFP/ RFQ Oil & Gas Pipelines Gas

Uruguay LNG Plant Punta Sayago

$400 Uruguay XXI (Agency of Promotion of Exports and Investment in Uruguay)

RFP/ RFQ Oil & Gas LNG

Brazil São Paulo Rail Beltway (“Ferroanel”)

$2,400 ANTT RFP/ RFQ Transport Freight Rail

Colombia Puerto Buenaventura $450 Sociedad Portuaria Regional de Buenaventura

RFP/ RFQ Transport Freight Ports

Colombia Autopista Bogota-Villavicencio quadruplication

$1,098 ANI RFP/ RFQ Transport Surface Highways

Mexico New Airport for Mexico City

$4,500 SCT Feasibility Transport Airports

Brazil Rio-Sao Paulo-Campinas High Speed Rail (TAV)

$17,700 Agência Nacional de Transportes Terrestres

Bidding Transport Mass Transit High Speed Rail

Brazil Galeao Airport Concession

$3,500 Department of Civil Aviation Bidding Transport Airports

Colombia Ferrocarril del Pacifico $500 ANI Feasibility Transport Freight Rail





Brazil Itaqui Port Concession

$3,200 EMAP Empresa Maranhense de Adimistracao Portuaria

Bidding Transport Freight Ports

Brazil Salvador - Recife Rail $5,315 Valec Bidding Transport Freight Rail

Chile Autopista Américo Vespucio Oriente

$1,900 Ministerio de Obras Publicas/ Ministry of Public Works

RFP/ RFQ Transport Surface Highways

Colombia Aeropuerto Barranquilla

$150 ANI Feasibility Transport Airports

Colombia Tren de Cercanias Bogota

$1,100 Gobernación de Cundinamarca

Feasibility Transport Mass Transit Light Rail

Mexico Port of Veracruz Expansion

$3,000 APIVER (Administracion Portuaria de Veracruz) - Port Administration of Veracruz

Feasibility Transport Freight Container Port

Mexico Suburban Train- Lines 2 & 3, Mexico Valley

$4,000 Federal Govt Feasibility Transport Mass Transit Light Rail

Mexico Ciudad Del Carmen $136 Pemex Feasibility Transport Freight Ports

Panama Panama Metro Line 2 $1,900 Secretaria del Metro, Government of Panama

RFP/ RFQ Transport Mass Transit Metro

Brazil Belo Horizonte North Beltway

$2,500 Minas Gerais PPP Unit RFP/ RFQ Transport Surface Highways

Brazil Manaos Container Port

$228 Agencia Nacional de Transportes Aquaviarios - ANTAQ






Brazil Paranagua Port Concession

$200 TCP (Terminal de Contêineres de Paranaguá,


Chile Autopista Costanera Central

$1,910 Ministerio de Obras Publicas/ Ministry of Public Works

Bidding Transport Surface Highways

Colombia Highways for Prosperity

$8,500 National Infrastructure Agency ANI

RFP/ RFQ Transport Surface Highways

Colombia Cali Airport $65 Aerocali Bidding Transport Airports

Mexico Conclusion de la carretera Durango-Mazatlan

$250 Federal Government Construction / Procurement

Transport Surface Highways

Mexico Passenger Train Line Mexico City-Toluca

$1,500 SCT Feasibility Transport Mass Transit Light Rail

Mexico Port of Alta Mira $80 Pemex Feasibility Transport Freight Ports

Uruguay Rocha Deep Water Port

$1,000 MTOP/ANP Feasibility Transport Freight Ports

Brazil BR - 040 DF/MG $1,900 ANTT Bidding Transport Surface Highways

Brazil Regional & Metropolitan Passenger Rail Project

$1,000 Minas Gerais PPP Unit RFP/ RFQ Transport Mass Transit Commuter

Brazil Imbituba Santa Catharina Container Port

222 National Logistics & Planning Company (EPL)






Colombia Green Corridor $400 Gerencia de Gestión e Innovación de Proyectos (GIP)

Design Transport Surface Urban Highways

Colombia Mulalo- Loboguerro, Cali- Dagualoboguerro Highway

$816 ANI RFP/ RFQ Transport Surface Highways

Costa Rica Moin Container Terminal (TCM)

$992 Government of Costa Rica Construction / Procurement

Transport Freight Container Port

Haiti Container Terminal Port au Prince

$150 Varreux Terminal Design Transport Freight Container Port

Honduras Villa San Antonio-Goascorán Highway

$150 BCIE Bidding Transport Surface Highways

Mexico Freight Rail between Mexico City and Querétaro

$2,583 Federal Govt Feasibility Transport Freight Rail

Mexico Trans-peninsular Train $887 Federal Government Feasibility Transport Freight Rail

Mexico Tren Electrico de la Zona Metropolitana de Guadalajara

$114 SITEUR Design Transport Mass Transit Rail

Mexico Manzanillo Container Terminal

$221 SCT - Port Authority of Manzanillo


Transport Freight Container Port

Mexico Dos Bocas Port $60 Pemex Feasibility Transport Freight Ports





Panama Road Realignment Masterplan

$700 Ministry of Public Works Construction / Procurement

Transport Surface Highways

Peru Lima-Callao Electric Mass Transportation System - Line 2

$3,000 Proinversión Feasibility Transport Mass Transit Metro

Peru New International Airport Chinchero-Cusco

$420 Proinversion RFP/ RFQ Transport Airports

Chile Re-tender of AMB International Airport in Santiago

$500 Ministerio de Obras Publicas/ Ministry of Public Works

Bidding Transport Airports

Chile Metro Line 6 and 3 $1,036 Metro Santiago Construction / Procurement

Transport Mass Transit Metro

Guatemala Sistema Nacional Ferroviario: 1 Fase, Tren de Cercanías

$70 Ferrocarriles de Guatemala Bidding Transport Mass Transit Light Rail

Guatemala Terminal de Granel Puerto Santo Tomás Castilla - Atlántico

$20 EMPORNAC – Empresa Portuaria Nacional Santo Tomás de Castilla


Haiti Quiskeya Free Zone $120 Quisqueya Development Corporation

Design Transport Freight Ports

Honduras Expansion and Modernization of Port of Cortez

$159 Aeropuertos de Honduras/COALIANZA


Transport Airports





Jamaica Kingston Port Expansion

$780 Port Authority of Jaimaica RFP/ RFQ Transport Freight Container Port

Mexico Lazaro Cardenas Port Terminal 2 Concession

$900 Michoacan Government Construction / Procurement

Transport Freight Ports

Uruguay Corridor 21-24 $200 MTOP/CND RFP/ RFQ Transport Surface Highways

Bolivia Binacional Bridge over Mamore River

$150 IIRSA- BID and Gov. Feasibility Transport Surface Bridge

Brazil BR -116 MG $1,700 ANTT Bidding Transport Surface Highways

Brazil Confins Airport Concession

$2,500 Department of Civil Aviation Bidding Transport Airports

Chile Chacao Bridge $750 Ministry of Public Works - MOP

RFP/ RFQ Transport Surface Bridge

Mexico Linea 3 del Metro de Monterrey

$470 SCT - Sistema de Transporte Colectivo Metrorrey

Feasibility Transport Mass Transit Metro

Mexico Eje Carretero Tuxpan - Matamoros

$950 SCT Feasibility Transport Surface Highways

Panama Cinta Costera Beltway Phase III

$58 Ministry of Public Works (MOP)

Design Transport Surface Highways

Guatemala Circunvalación Pacifico Atlántico

$25 Ministerio Comunicaciones - MICIVI

Bidding Transport Surface Highways





Ecuador Quito Metro Phase II $1,500 Empresa Pública Metropolitana Metro de Quito

RFP/ RFQ Transport Mass Transit Metro

Dominican Republic

Boca Chavon Port $225 CEI-RD Design Transport Freight Ports

Paraguay Silvio Pettirossi & Guarani Airports Modernization & Operation Concessions

$125 City of Asuncion and Ministry of Public Works and Communication

Bidding Transport Airports

Dominican Republic

Santo Domingo Transportation Corridor

$349 CEI-RD Feasibility Transport Surface Urban Highways

Brazil Waste Water Treatment Expansion and Concession Espiritu Santo

$200 Governo do Estado do Espírito Santo

Bidding Water Waste Water

Chile Aquatacama $15,000 Vinci Feasibility Water Water Transport

Brazil Clean Warer Concession for Rio Manso, MG

$230 COPASA Bidding Water Potable Water

Mexico Cutzamala Water Distribution Line #3

$403 Conagua Bidding Water Potable Water

Peru Provisur Desalination Project

$110 ProInversion RFP/ RFQ Water Desalination





Brazil Belo Horizonte Metropolitan Area Solid Waste Management Plant

$300 Aja Brasil/ Minas Gerais PPP Unit

RFP/ RFQ Water Waste Water

Brazil Northern Minas Gerais Water & Sewage Project

$4,000 Minas Gerais PPP Unit RFP/ RFQ Water Waste Water

Mexico Replacement Tunnel for the “Gran Canal”

$64 Federal Government Feasibility Water Potable Water

Trinidad & Tobago

Construction of Two Wastewater Treatment Plants

$546 Water and Sewage Authority - WASA

Financial Closure

Water Waste Water

Ecuador Plantas de Tratamiento de Aguas Residuales

$353 Empresa Publica Metropolitana de Agua Potable y Saneamiento (Emaap-Q)

Feasibility Water Waste Water

Mexico Valsequillo Lake Clean-up Project

$700 Secretaría de Desarollo Urbano y Obras Públicas

Feasibility Water Irrigation





Documents

The Strategic 100 LA · The Strategic 100 LA for 2013 The infrastructure projects in this year’s Strategic 100 LA highlight projects that are critical for the future of the region