


The financing is part of the first credit obtained by the Federal Government that will not be converted into public debt since it will be paid off with a portion of the annual airport user tax (Tarifa de Uso Aeroportuario, TUA) to be collected in 2007–2008. The construction of the new terminal two at Mexico City Airport and associated projects has cost $600m, of which $200m was provided by the Federal Government, while the other $400m was obtained from a syndicated credit granted by four banks, Citi Group-Banamex, BBVA Bancomer, Inbursa, and HSBC, through Nacional Financiera (Nafinsa) the government development bank. At the end of the project the airport will have 59 boarding gates, as well as 31 remote positions, for a total of 90 parking positions for aircraft serving the airport. When terminal two is fully operative it will reduce the time for each airplane landing to parking at the contact position by ten minutes.
