New International Airport for Mexico City New International Airport for Mexico City Mexico City's New International Airport (NAICM) was announced in the State of the Union address of Mexican president Enrique Peña Nieto on September 2, 2014, and was the largest public infrastructure work in Mexico in a century. The new airport was set to replace current Benito Juárez International Airport, the busiest airport in Latin America transporting 41.7 million passengers in 2016. The development of NAICM was planned in four stages. Phase I, was scheduled to open by October 20, 2020, would have consisted of one main terminal of and three independent runways, which would
New International Airport for Mexico City billion worth of 10-year bonds pay annual interest of 4.25% and US$1 billion worth of 30-year bonds pay annual interest of 5.5%. The green bond issuance (the second by Mexico) became the largest in Latin America and the first green bond from an emerging market to receive a Green Bond Assessment grade from Moody's Investors Service. The airport started the building process in 2015 with its "starting phase". It is expected to put its first phase in operation in 2020. If completed as planned, the airport will have a passenger capacity of up to 68 million passengers and, if the