PROYECTOS ESTRATEGICOS 2012 2 by Mineria Del Peru

Latin America

Takes the Lead

Contents

1/ Purpose and Vision 2/ Executive Summary 3/ Interview with CEO Norman F. Anderson 4/ Value Map 6/ Strategic Top 100 List 5/ Project Highlights 7/ Next Steps 8/ Ranking Methodology 9/ Special Thanks Copyright ÂŠ2014 CG/LA Infrastructure Inc. All Rights Reserved.

Join us: 12th Latin American Infrastructure Leadership Forum

June 10-12, 2014 | Cartagena, Colombia

CG/LAâ&#x20AC;&#x2122;s annual Latin American Infrastructure Leadership Forum provides you with one time, one place to meet key project developers and Latin American infrastructure decision-makers. The Leadership Forum has a unique mix of in-depth workshops, rapid project presentations, pre-scheduled oneon-one meetings, and informal networking sessions all revolving around tomorrowâ&#x20AC;&#x2122;s infrastructure marketplace.

Project Focused: With 40+ project

presentations and our private meeting system, we seat you one-on-one with project developers, C-Level executives, public officials and other infrastructure leaders. Multi-Sector: The Forum covers all infrastructure sectors (transportation, electricity, water & wastewater, etc.) which means participants get richer perspectives and more business opportunities. Better Value: Average industry registration fees are 2-3 times more expensive. We believe that infrastructure is fundamental to our collective future, so we deliberately keep our costs lower and make sure we have the right people in the room. Origin: CEO Norman Anderson began his career as a project developer. While many events are run by media or consulting firms, the Leadership Forum is rooted in real business experience and in a fundamental commitment to creating a dynamic marketplace that catalyzes opportunities in infrastructure.

CG/la Strategic top 100 LA

GET INVOLVED: Meet with the Strategic Top 100 LA Developers

Purpose/Vision

Strategic Top 100 LA purpose The Strategic 100 LA list is a critical tool for accomplishing our vision and it is designed to assist public and private sector leaders from throughout Latin America in identifying and rapidly building strategic infrastructure. Strategic infrastructure is shorthand for those projects that are building blocks - physical, financial, and technical - by which long-term competitiveness is created. We look forward to engaging your feedback, both online through GViP and during the 12th Latin American Infrastructure Leadership Forum, on how to rapidly move these projects forward.

Purpose/ Vision

Vision CG/LA Infrastructure’s objective for the Strategic Top 100 LA is to double Latin America’s infrastructure investment by 2020. The projects on this list will improve the quality of that investment and, with a focus on sustained competitiveness, will increase the number of high quality, long-term jobs created throughout the region. A recent study we commissioned with the London School of Economics showed that if Latin America can double its level of investment in infrastructure, then the region’s GDP will grow by more than 3% above the trend line, achieving and sustaining Asian growth rates.

CG/la Strategic top 100 LA

Executive Summary The Strategic 100 LA focuses on those projects that will happen in the next 3 to 18 months, throughout Latin America. It is

also the cornerstone of the 12th Latin American Infrastructure Leadership Forum. Projects are selected during a 6 month process, beginning with a preliminary list of over 640 projects. The 2014 Strategic Top 100 LA is valued at US$138.7 billion.

The 2014 list comes at pivotal moment for Latin America. The world is turning toward increased investment in infrastructure, but Latin America - along with Africa - spends less than any region in the world, roughly 1.7% of GDP. This needs to at least double. According to CG/LA’s recently updated 2018 data model, most countries in Latin America need to increase their infrastructure investment by 250% within 5 years, and some countries, Argentina for instance, need to increase investment in the right infrastructure projects by 350%. If this were to happen, the market would reach $250+ billion annually by 2018 and GDP would grow by at least 3% above the current trend line.

The projects in this year’s Strategic Top 100 fall into 10 sectors, all focused on strategic infrastructure: Airports Electricity - Generation

$11.1 B $18.8 B

Electricity - Transmission Highways & Bridges ICT Oil & Gas Rail Urban Mass Transit Water & Wastewater

$6.6 B $22.4 B $690 M $14.3 B $9.1 B $14.1 B $17.6 B

Total jobs created from investments made into the projects of the Top 100 will equal approximately 2.1 million jobs - directly and indirectly. In the high laborintensive sectors, 8.6 jobs

are created per each million dollars invested. In the lower labor-intensive sectors, 2.6 jobs are created per each million dollars invested. We want this annual report, along with our 12th Latin American Infrastructure Leadership Forum, to serve as a tool, pushing these projects to future success. The Infrastructure Leadership Forum Series is a differentiator in the industry, gathering a community of experts around a dynamic infrastructure marketplace focusing on strategic project opportunities. All projects listed on the Top 100 are invited to present at the 12th Latin American Infrastructure Leadership Forum, driving

The Infrastructure Leadership Forum Series is a differentiator in the industry, gathering a community of experts around a dynamic infrastructure marketplace focusing on strategic project opportunities.

Executive Summary

every agenda activity during the Forum to be project-focused. This year’s Forum, Latin America Takes the Lead, takes place on June 10-12, 2014 in Cartagena, Colombia. The Leadership Forum offers a unique mix of in-depth workshops, rapid project presentations, pre-scheduled one-on-ones, and informal sessions all revolving around tomorrow’s global infrastructure marketplace. Forum participants are seated across the table from project developers, C-level executives, public officials, and infrastructure leaders to explore immediate business opportunities for their companies, making the Latin American Infrastructure Leadership Forum one of the infrastructure industry’s can’t miss business development events of the year. Register now!

CG/la Strategic top 100 LA

Key figures Strategic Top 100 LA

100 Projects From 20 Countries

$ 138.7 Billion Total Project Value

2.1 Million Jobs Created

$24 Billion Ports and Logistics Projects alone

10 Sectors Represented

100

major projects

Interview with CEO Norman F. Anderson

This list comes at a pivotal moment for Latin America, and for our host Colombia. The world is calling for dramatic increases in infrastructure investment, and Latin America is the region that can most dramatically increase investment - and that would most benefit from that increased investment. Our 2018 data models show that most countries in the region should optimally increase their infrastructure investment by 250% within five years (others, like Argentina, need to make even great efforts) . 10 CG/LA Infrastructure Strategic Top 100 LA

Interview with CEO Norman F Anderson Latin America Takes the Lead is the theme of the 12th Latin American Infrastructure Leadership Forum. What narratives drive this statement?

For the past 10 years, we’ve watched Latin America ride the commodity bubble, building infrastructure to facilitate exports and maximize ROI’s, but without a focus on what makes sense long-term for the region. What we’re seeing now is a shift, to a more strategic vision for infrastructure investment. The Latin American infrastructure market is roughly $98 billion this year, and our data model shows that number increasing to $114 billion by 2018. We’re seeing strong, strategic projects being built, laying the foundation for steady growth. We’re focused on anticipating what’s next for the region and on how infrastructure firms and industry leaders will carry this momentum forward, as Latin America takes the lead in the global infrastructure market.

Why did you choose Cartagena, Colombia for the setting of the Forum? We chose Cartagena >because it exemplifies the growth potential we spoke about previously. Not only is it the home to one of the fastest growing container ports, but it is also the second busiest one in Latin America, behind Santos in Brazil. Cartagena is tremendous market, a gateway to the Colombian hinterland. We are focused on promoting

projects with long-term growth potential and opportunity for their communities, states, and countries. Cartagena has three great infrastructure projects under development:: 1) Expansion of the container terminal, (2) dredging to be able to receive Post-Panamax ships, and (3) an intermodal logistics hub on the Magdalena River. There is also the Refineía del Caribe Project and the incredible growth of Cartagena as a tourist destination. These are the investments that will have a 20 – 30 year impact on the region and it is the type of growth and opportunity we want to highlight.

What are the two key things governments need to do to sustain infrastructure growth?

1) Governments must develop a long-term vision to identify goals and define a measure of success (a raised per capita income, higher overall GDP, increased business and individual opportunity, more jobs, etc.). Vision also creates two additional requirements for a sustained infrastructure build: urgency, and a clear set of criteria for selecting priority projects. This tight connection between an attainable view of the Promised Land – and its benefits – and current investment is essential. 2) They also must pick priority

projects. Governments are notorious for developing “wish lists” of infrastructure projects, without giving much thought to “why?” or “how?” The projects contained in our Strategic Top 100 LA are infrastructure investments that will contribute to continuing competitiveness growth in the region for years to come.

What do Latin American governments need to do to attract funding from the private sector? Funding is a major obstacle >for the region, because it is not clear where the equity is going to come from. Great projects should bring institutional funding into the game (from within the region), but governments need to have a sense of urgency in terms of policy innovations that will mitigate risk for institutional investors and equity partners. This market must be liquid so that operating investors can exit once they have overseen a project’s close, construction, and commissioning.

Norman F Anderson President & CEO

Strategic top 100 LA

Billion 5 projects

Caribbean Basin

$17

Billion

$12

15 projects

Colombia

Billion 7 PROJECTS

Mexico

$ 20

Billion 8 projects

Chile

$$48 6.8

Billion Billion

21 Projects SOUTH AMERICA

$139

Brazil

Billion total Project Value

20 countries 10 sectors 100 Projects

Project Highlights

Southern Peruvian Pipelines Construction of natural gas pipelines and liquid gas pipelines from Malvinas plant to the Connection Point (CP) and then to the Chinquintirca plant. Construction of the southern region gas pipeline from the Connection Point (CP) to south coast of the country.

Puerto de Gran Escala

50MW Molino de Rosas

Within the general planning framework set out by the forthcoming PNDP, there is a project that, given the economic importance of the hinterland it will serve and the magnitude of the infrastructure involved, stands out as singular. With feasibility studies soon to be published, an important step will have been taken towards publicly tendering the first terminal of the PGE by 2015.

The Power Purchase Agreement has been executed as a 20 year PPA in August 2012 for the value of $63.5/MWh. Developer is looking for investors or potentially a buyer for the project as is.

Porto Sul Bahia The idea of Bahiaâ&#x20AC;&#x2122;s government is the winners, which can be firms specialized in container, solid or liquid bulk cargo transportation, to create a special purpose entity for the construction and operation of the terminal.

Cartagena Port Expansion

As part of the port expansion project, approval was given for the access channel to the Port of Cartagena to be expanded. The access channel will be deepened from 14.17 to 20.5 meters and widened to between 140 and 200 meters allowing Cartagena to receive vessels of up to 14,000 TEU or 160,000 Dwt by 2018. CG/la Strategic top 100 LA

Project Highlights ` Deep-water port on Rocha Coast Montevideo is hoping to strike a public-private partnership (PPP) for this deep-water port which it expects to handle mainly bulk cargo. Under the PPP agreement, the project would be a public port, designed, built, operated and funded by the private sector. Concession to manage the terminal would be granted for a period of at least 30 years.

New Airport for Mexico City The new airport investment will be executed in two phases: first, feasibility studies and secondary infrastructure; and second, the construction of up to four runaways. It is designed to have a viability of 40 years with a high volume of passengers and cargo, as well as a connection point for the central region of the country.

El Tablón, Los Llanitos y Jicatuyo Jicatuyo, Los Llanitos and El Tablón hydroelectric powerplants will tranform Honduras’ power grid, and dramatically reduce the cost of energy. In addition to the thousands of jobs created, the country could export power once all projects are completed.

Metro de QuitoPhase 2 Phase 2 of the underground metro project will involve tunnelling works to lay the track, construction of the remaining 13 stations, a maintenance depot, shafts, and procurement of advanced rolling stock. Two TBMs are expected to be used for the tunnelling works under Phase 2.

Bogotá Metro

The first line will extend 110 blocks ending north of the capital. This project will increase the mobility of city residents, reducing their commute time and increasing comfort by expanding the capacity of the transport system.

CG/la Strategic top 100 LA

Strategic

top 100 LA The State of Latin American Infrastructure 2014 Presented by CG/LA Infrastructure

Country

Project Name

Project Sponsor

Project Stage

Project Sector

Project Value

Chile

Aquatacama Pipeline

Vinci

Feasibility

Water & Wastewater $15 Billion

Project Score 70.41

Project Ranking 1

Peru

National Fiber Optic Dorsal Network

Proinversión

Pre investment studies

ICT

$420 Million

70.41

Peru-Brasil

Inambari Dam and Transmission Line

CAF

Construction to start Electricity 2015 Generation

$2.37 Billion

66.66

Colombia

Bogotá Metro

IDU

Engineering Studies Underway

Urban Mass Transit

$3.6 Billion

64.64

Panama

Metro Line 3

JICA

Feasibility Study

Urban Mass Transit

$2.8 Billion

63.31

Chile

Malleco Wind Farm

Malleco SPA

Feasibility

Electricity Generation

$500 Million

Ecuador

Metro de Quito- Phase 2

Quito Metropolitan Government

Bidding

Urban Mass Transit

$1.5 Billion

59.81

Country

Project Name

Project Sponsor

Project Stage

Project Sector

Peru

Drinking Water SupplyExpansion and Improvement - Lima

ProInversión

RFP - October 2014

Colombia

Corredor Bogotá – Buenaventura

DNP

Chile

Costañera Central Highway

Ministry of Public Works (MOP)

Uruguay

50 MW Molino de Rosas

Chile

Colombia

Project Value

Project Score

Project Ranking

Water & Wastewater $400 million

59.08

Bidding

Highways & Bridges $1.8 Billion

58.89

Planned

Highways & Bridges $1.98 Billion

58.89

ph-consulting group Financing

Electricity Generation

$240 Million

58.83

Arturo Merino Benítez International Airport Expansion

Ministerio de Obras Publicas

Planned BOT

Airports

$800 Million

58.82

Recuperación de la Navegabilidad del Río Magdalena

DNP

Bidding

Ports & Logisitcs

$1.2 Billion

58.51

Country

Project Name

Project Sponsor

Project Stage

Chile

Metro Line 3

Metro S.A.

Colombia

Oleoducto Bicentenario Phase 2 & 3

Ecuador

Project Value

Project Score

Project Ranking

Scheduled Urban Mass Transit completion for 2018

$1.05 Billion

58.48

Colombian Government

Under Construction

Oil & Gas

$5.8 Billion

58.16

Priority Water Projects: Pampas de Salasaca, PUMA, PuruhantaPimampiro-Yahuarcocha

Secretaria Naticional del Agua

Planned

Water & Wastewater $187 Million

57.75

Ecuador

Tufiño - Chiles - Cerro Negro Geothermal Project

Ministry of Electricity and Renewable Energy

Basic Studies and Prospecting

Electricity Generation

$150 million

57.5

Uruguay

100 MW Santa Catalina Wind Project

Ensol

EIS Completed

Electricity Generation

$165 Million

57.5

Colombia

Cartagena Port Expansion

Sociedad Portuaria Regional de Cartagena

Planning

Ports & Logisitcs

$500 Million

56.34

Panama

New Container Terminal at Corozal

Panama Canal Authority

Designed

Ports & Logisitcs

$500 Million

56.34

Uruguay

Deep-water port on

Ministry of Transport Concept and Public Works

Ports & Logisitcs

$500 Million

56.34

Rocha Coast

Project Sector

Peru

Lima Metro - Line 3

Ministry of Transport Concession and Communication & ProInversión

Urban Mass Transit

$549 Million

56.31

Brazil

Sào Luiz do Tapajós Hydropower Plant 6,133MW

Centrais Elétricas Brasileiras S/A (Eletrobrás)

Electricity Generation

$9.2 Billion

55.61

Planned

Country

Project Name

Project Sponsor

Project Stage

Project Sector

Project Value

Project Score

Project Ranking

Colombia

Troncal Boyaca

IDU

Estudios, Diseños y Adquisión Predial

Urban Mass Transit

$350 Million

55.48

Colombia

Highway Rio Magdalena 1

ANI

Tender

Highways & Bridges $670 Million

55.39

Colombia

Conexión Pacifico 1

ANI

Tendered

Highways & Bridges $1 Billion

55.43

Colombia

Salitre Expansion of the Wastewater Treatment Plant

CAR & EAAB

Tendered

Water & Wastewater $487 Million

55.27

Colombia

Highway Autopista al Mar 1

ANI

Tender

Highways & Bridges $732 Million

55.39

Panama

Third Bridge over the Panama Canal

JICA

Planned

Highways & Bridges $800 Million

55.39

Colombia

Highway Autopista al Mar 2

ANI

Tender

Highways & Bridges $805 Million

55.39

Peru

Hidrovía Amazónica

ProInversión

Prequalification

Water & Wastewater $65 Million

55.08

Country

Project Name

Project Sponsor

Project Stage

Project Sector

Project Value

Project Score

Project Ranking

Peru

Southern Peruvian Pipeline

ProInversión

Tender

Oil & Gas

$2.8 Billion

54.66

Brazil

Jatobá Hydropower Plant - 2,338MW

Centrais Elétricas Planned 2016 Brasileiras S/A (Eletrobrás)

Electricity Generation

$5.3 Billion

54.57

Ecuador

Puerto de Manta

Ministerio de Transporte y Obras Públicas

Concession: 3 finalist

Ports & Logisitcs

$300 Million

54.18

Peru

Callao Port Expansion

APM Terminals

Under Construction

Ports & Logisitcs

$307 Million

54.18

Ecuador

Rio 7, Carreteras Huaquillas

Ministry of Transport Feasibility and Public Works (MTOP)

Highways & Bridges $500 Million

54.06

Mexico

Proyecto Mexico Conectado

SCT

Planning

ICT

$270 Million

53.72

Colombia

Conexion Norte

ANI

Financing

Highways & Bridges $475 Million

53.23

Colombia

Port of Buenaventura Expansion

Sociedad Portuaria de Buenaventura

Tendered

Ports & Logisitcs

$180 Million

52.84

Colombia

Southwest Region Airports

ANI

Bidding

Airports

$121 Million

52.66

Colombia

Ernesto Cortissoz Airport Expansion - Barranquilla

ANI

Bidding

Airports

$128 Million

52.66

Chile

Expansion Plan 2x500 kV LT Cardones Chile Polpaico

Interchile S.A

Feasibility

Electricity Transmission

$1 Billion

52.65

Mexico

New Airport for Mexico City

Aeropuertos y Servicios Auxiliares

Planning

Airports

$4 Billion

51.84

Country

Project Name

Project Sponsor

Ecuador

Plan Nacional de Instalación en Cables Subterraneos

Ecuador

Project Stage

Project Sector

Project Value

Project Score

Project Ranking

La Estrategia Planned Nacional de Energía

Electricity Transmission

$792 Million

51.81

Phase II Quito Airport

Quiport

Planning

Airports

$16.5 Million

51.32

Chile

Valparaiso Port Complex Moderination

Valparaiso Port Company

Contract Awarded

Ports & Logisitcs

$11 Million

50.18

Colombia

Cartagena Dredging

Infovias

Planned

Ports & Logisitcs

$60 Million

50.18

Ecuador

Guayaquil Relocation

Guayaquil Municipality

Feasibility

Ports & Logisitcs

$70 Million

50.18

Brazil

PPP For Belo Horizonte Municipal Solid Waste System

Minas Gerais Government, Brazil

Planning

Water & Wastewater $1.5 Billion

49.32

Mexico

Lazaro Cardenas Port Expansion

SCT / APM Terminals Awarded

Ports & Logisitcs

$300 Million

49.27

Brazil

Aerotropolis Project, Brasilia Airport Cluster

Inframerica

Conteptual

Airports

$2.5 Billion

49.12

Ecuador

Refineria del Pacifico Multipurpose Pipeline & Quininde Pipeline

Ministerio de Recursos Naturales No Renovables

Preliminary Studies

Oil & Gas

$600 Million

Brazil

z Puente SalvadorItaparica

Brazilian Government

Feasibility Study

Highways & Bridges $3.5 Billion

48.53

Brazil

Porto Nacional/TO – Estrela D’Oeste/SP

EPL

Concession Expected 2015

Rail

$3.4 Billion

48.53

ChileArgentina

Chile-Argentina-Chile Interconnection

CAF

Feasibility

Electricity Transmission

$260 Million

48.31

Brazil

Belo Horizonte Bypass

BNDES

Planned

Highways & Bridges $2.1 Billion

48.2

Country

Project Name

Project Sponsor

Project Stage

Project Sector

Project Value

Project Score

Project Ranking

Brazil

Aeropuerto Internacional en Porto Alegre

Department of Airport of the Secretary of Infrastructure and Logistics

Planned

Airports

$2 Billion

48.09

Uruguay

Chamberlain - Algorta Fray Bentos

Corporacion Nacional para el Desarrollo

Feasibility Study

Rail

$100 Million

47.88

Brazil

Curitiba Metro PPP

Secretaria dos Transportes Metropolitanos (STM)

Tender

Urban Mass Transit

$1.9 Billion

47.56

Brazil

Salvador Metro PPP Project

Government of Bahia

Procurement

Urban Mass Transit

$1.9 Billion

47.56

Brazil

BR153

EPL

Concession Auction 2014

Highways & Bridges $2.6 Billion

47.49

Colombia

Oleoducto del Caribe (Olecar)

Olecar

Design

Oil & Gas

$400 Million

46.83

Brazil

Porto Sul Bahia

State of Bahia

RFP

Ports & Logisitcs

$1.5 Billion

46.54

Brazil

Superporto do Açu (Complejo Portuario de Açu)

OIG Group

Under Construction

Ports & Logisitcs

$1.7 Billion

46.54

Mexico

Mexico City - Toluca Train

SCT

Tender

Rail

$2.9 Billion

46.45

Brazil

Lucas do Rio Verde/MT – Campinorte/GO

EPL

Concession Auction 2014

Rail

$2.7 Billion

45.41

Country

Project Name

Project Sponsor

Project Stage

Project Sector

Brazil

BR 101 BA Highway Improvements

National Ground Transportation Agency

Auction June 2014

Brazil

Ferrovia Oeste-Leste

State of Bahia

Mexico

Reconfiguring of Oil Refinery - Tula

Brazil

Project Score

Project Ranking

Highways & Bridges $1.6 Billion

44.77

Under Construction

Rail

$2 Billion

44.37

PEMEX

Front end engineering & design

Oil & Gas

$4 Billion

44.2

Apertados 139 MW Hydroelectric Plant

EPE

Planned

Electrical Generation

$250 Million

43.03

Brazil

Açailândia/MA – Barcarena/PA

EPL

Concession Auction 2,014

Rail

$1.4 Billion

42.69

Brazil

Santos Port Dreging Works

Secretaria de Portos Tender

Ports & Logisitcs

$240 Million

42.14

Mexico

Atizapán-Atlacomulco

SCT

Bidding June 2014

Highways & Bridges $305 Million

41.4

Mexico

Tuxpan-Tampico Highway Secretaría de Comunicaciones y Transportes

Tender

Highways & Bridges $400 Million

41.4

Brazil

Expansion of the interconnection North to South-East

Electricity Transmission

$620 Million

39.26

Mexico/ Guatemala

Gas Pipeline from Mexico Pemex, IDB to Guatemala

Concept

Oil & Gas

$700 Million

38.11

BrazilArgentina

Brazil-Argentina Interconnection

CAF

Feasibility

Electricity Transmission

$220 Million

37.58

Guatemala

Corredor Interoceánico

ODAPEL

Planned

Ports & Logisitcs

$12 Billion

37.13

EPE

Project Value

Country

Project Name

Project Sponsor

Project Stage

Project Sector

Project Value

Project Score

Project Ranking

Brazil-Uruguay

Brazil-Uruguay Interconnection

CAF

Feasibility

Electricity Transmission

$150 Million

36.54

Paraguay

Paraguay’s Bioceanic Railway

KOICA & IIRSA

Feasibility Study

Ports & Logisitcs

$2.4 Billion

34.45

Honduras

El Tablón, Los Llanitos y Jicatuyo

Ministry of Economic Development

Planned

Electricity Generation

$330 Million

32.68

Costa Rica

New Airport for San Juan

Directorate of Civil Aviation

Planned

Airports

$725 Million

32.68

Costa Rica

San Jose Sewer System Expansion

PMAASJ

Funded

Water & Wastewater $200 Million

32.08

Costa Rica

Moin/Limon

IDB

Under Construction

Ports & Logisitcs

$992 Million

32.04

Honduras

150MW Gas Fired Power Plant

Banco Continental

Planned

Electricity Generation

$200 Million

31.94

Puerto Rico

Florida to Puerto Rico Undersea Power Cable

Caribbean Business Inc.

Concept

Electricity Transmission

$3.55 Billion

31.93

El Salvador

El Salvador International Airport

The Autonomous Executive Port Comission

Tendered

Airports

$492.7 Million

31.48

Trinidad & Tobago

Transshipment Port in La Brea

GORTT

construction to start Ports & Logisitcs 2015

$500 Million

31.3

Honduras

124MW Energía Eólica de Globeleq Honduras S.A Mesoamérica Energy S.A.

Planned

$82 Million

31.2

Electricity Generation

Country

Project Name

Project Sponsor

Project Stage

Project Sector

Project Value

Project Score

Project Ranking

Puerto Rico

Train Caguas-San Juan

Puerto Rico Department of Transportation

Environmental Impact Assessment Approved

Urban Mass Transit

$400 Million

30.82

Guatemala

50MW San Antonio Villa Canales Solar Project

BCIE

Funded

Electricity Generation

$50 Million

30.46

Jamaica

Road Rehabilitation

Road Maintenance Fund (RMF) and the Jamaica Emergency Employment Programme (JEEP)

Announced in Dec 2013

Highways & Bridges $500 Million

30.03

Paraguay

Modernization of International Airport Silvio Pettirossi

Ministry of Public Works and Communications

Planned

Airports

$100 Million

29.25

Honduras

Port of Cortes

COALIANZAFICOHSA

Design

Ports & Logisitcs

$135 Millon

28.62

Paraguay

Upgrading and Widening Route 2

Ministry of Public Works and Communications

Planned

Highways & Bridges $120 Million

28.09

Guatemala

Dry Port Container Storage Area

APM Terminals

Planned

Ports & Logisitcs

$40 Million

27.88

Dominican Republic

Amber Cove Cruise Center

DR Cruise Port Ltd

Contract Awarded

Ports & Logisitcs

$65 Million

27.88

El Salvador/ Guatemala

Bridge extension on El Salvador - Guatemala Border

Ministry of Transportation

Planned

Highways & Bridges $28 Million

26.61

Guatemala

Tren de Carga del Pacífico ANADIE

Design

Rail

25.86

$40 Million

Country

Project Name

Project Sponsor

Project Stage

Project Sector

Project Value

Project Score

Project Ranking

Bolivia

San Jose Hydroelectric Project

CAF

Planning - Funding Approved

Electricity Generation

$245 Million

16.34

Argentina

Programa Obras Agua Potable AYSA 1

CAF

Approved

Water & Wastewater $120 Million

15.67

Venezuela

Puerto Cabello

Ministry of Transportation & Communications

Announced

Ports & Logistics

15.65

100

What's Next? Share your feedback on The Strategic TOP 100 list: info@cg-la.com Twitter: @cgla_infra

$520 Million

Meet face-to-face with project sponsors and 500+ industry experts at the 12th Latin American Leadership Forum.

RANKING THE PROJECTS & NOTES ON METHODOLOGY To select and rank the Strategic Top 100 LA projects CG/LA follows a

systematic and disciplined approach that is both qualitative and quantitative.

Ranking the projects begins after narrowing down CG/LA’s proprietary project database from 640 eligible infrastructure projects to a list of approximately 150 high quality, opportunity-rich projects. Our model incorporates a number of data points, - including infrastructure sector, project USD value, country, and jobs created and rates each project according to six weighted criteria:

Competitiveness - 40%. Our goal here is to determine how a project fits within the country’s overall economic vision. This is the defining question behind the creation of this list, because it’s critical to distinguish political projects from real projects; this ensures that each project on our list has a legitimate purpose, helping to fulfill a country’s vision to prosperity. Productivity - 10%. Here we want to include how this project helps people do their jobs better -- cutting down on their commutes, providing clean, cheap energy, maximizing a country’s competitive advantage. This IS measurable, and is often measured in feasibility studies. A project’s score hinges on a leader’s ability to build a consensus vision around its priority project by clearly demonstrating how the project will contribute to removing inefficiencies in moving people, goods and information. Job Creation - 10%. Here we look to measure direct, indirect and induced jobs created through the project’s construction, jobs created by suppliers to the project, and jobs created through the economic

CG/la Strategic top 100 LA

$139 B

In Infrastructure Projects Producing Real Value in the Next 3 - 18 Months

CG/LA brings you a disciplined and systematic approach to the largest and most substantial business opportunities in the Latin American Infrastructure Marketplace

Notes on Methodology

development of the surrounding area. The World Bank’s figure that for every US$1B invested in infrastructure, 16,000 direct jobs are created, we posit that the number of direct jobs is about half that number, at 8,000.

Business Creation - 10%. Projects are ranked according to the likelihood of a business ‘event’ happening in the next 3-18 months (this can be anything from a feasibility study, to an RFI, through to funding, financing, bidding, procurement, and even O&M contracting); it’s absolutely critical to the Leadership Forum that these projects have concrete business opportunities for the private sector. Environmental and Carbon Efficiency - 10%. Here we give credit to projects that are cleaner and that allow cities, regions and nations to operate more efficiently. Transit projects, renewable generation projects, a bridge that reduces congestion and long commutes and water treatment facilities are examples of projects increasing technological capabilities and connecting the region.

Country Rating - 20%. We rate each country according to CG/LA’s “Country Infrastructure Capacity” model, which examines 8 criteria: vision; public sector technical capacity; public sector strategic capacity; ability to deliver strategic projects on time and on budget; leadership; performance; local EPC firms; local equity capacity. We rate each country from 0 to 1 with Chile with the highest rating of .9 and Venezuela with the lowest rating .25. Our goal is to increasingly rely on quantitative measures in our scoring. With that in mind, we have included our internal ranking for display in this year’s Strategic Top 100 LA. Infrastructure is a tremendous mix of the qualitative and the quantitative - art as much as science. Our ranking system strives to be as rigorous as possible, while still leaving a great wide open space for the driving force behind so many infrastructure projects: the human imagination!

Strategic top 100 Ranking Criteria Competitiveness

Productivity

Job Creation

Business Creation

Carbon Efficiency

Country Rating

Strategic

top 100 LA What makes The Strategic Top 100 Latin America so vibrant is the collaborative nature of the report. Through our extensive network of infrastructure thought leaders and executives around the globe, we were able to harness their insights and recommendations to produce a list that reflects what is really moving forward in the global infrastructure market.

Special Thanks: Joe Nicklaus Nielsen, CEO Latin America, APM Terminals, Panama

Martin Del Popolo, Director de Infraestructura, Agencia de Promoci贸n de Inversiones, Argentina

Peder Hanson, President, ph-consulting group, USA

Anand Hemnani, Senior Vice President CG/LA Infrastructure - Brazil Office, Brazil

William Camargo, Director, Instituto de Desarrollo Urbano, Colombia

Carlos Roberto Silverstrin, CEO COGEN, Brazil

Martin Jatival Lopez, Director, ProEcuador, Colombia

Romeu Temporal, Chief Economist Secretariat of Planning of Bahia, Brazil

Marcela Huertas, Executive President, Gerencia de Gesti贸n e Innovaci贸n de Proyectos (GIP), Colombia

Saul Feder, Consultant, Mexico

Dimitri Zaninovich, Director, Infrastructure & Energy, Departamento Nacional de Planeaci贸n, Colombia

Carlos Ortega, Managing Partner, OROZ International Business Consultants, Colombia

CG/la Global top 100