Infrastructure Project of the Year Winners Announced.

5th Annual Latin American Leadership Forum

WASHINGTON -- CG/LA Infrastructure LLC, the world leader in strategic infrastructure consulting, announced the winners of five Project of the Year awards at the 5th Annual Latin American Leadership Forum. Over 600 executives from 34 countries participated in the Leadership Forum, held in Santo Domingo; 71 projects were presented from 17 Latin American countries. Projects of the Year were won in five critical categories: Long-term Performance; Engineering; Finance; Equity/Job Creation; and Strategic. Winners were selected by a 12 person jury, consisting of experts from Spain, Brazil, Mexico, Chile, the US and Colombia.

"Project of the Year Awards recognize the imagination and dedication of a select group of visionary executives, and their projects, that are changing the face of Latin America - improving the region's competitiveness and creating opportunity for the region's 500 million people," said Norman F. Anderson, President & CEO of CG/LA Infrastructure and the Leadership Forum.

The Long-term Performance award, recognizing that project that over a period of at least five years that demonstrated a combination of outstanding physical and financial performance, was won by the TransMilenio Urban Mass Transit project of Colombia. The eighty-four kilometer network, consisting of 951 buses and 116 stations, transports up to 70,000 passengers per hour. TransMilenio is a public private partnership, combining private operation and maintenance of the rolling stock with public tendering, regulation and supervision. At $0.36 per ride the system operates without subsidies, at a capital cost of only $5.2 million per kilometer, and at a fraction of the $90 million per kilometer cost of a traditional metro system. Minister Uriel Gallego, Colombia's Minister of Transport, accepted the award on behalf of the TransMilenio project.

The Engineering award, recognizing that project that - through the wonders of modern engineering - will create critical new value and opportunities for the businesses and people of the Americas, was won by the Valley of Mexico water system. This $3 billion revitalization of the Mexico City water system will ensure that the city is supplied with an average of 32.65 cubic meters per second of water to meet its current demand, particularly including massive efficiency improvements. Ing. Jose Ramon Ardavin accepted the award on behalf of Mexico's Commission Nacional de Agua.

The Equity/Job Creation award, recognizing that project that created - or promises to create - the highest number of good paying jobs and/or business opportunities in the Americas, was won by Brazil's Ethanol/Biodiesel Program. Projects range from financing agri-business to the transport of ethanol, co-generation of electricity and construction and operation of storage facilities at the country's ports. The growing agri-business cluster for fuels in Brazil is successfully creating long-term jobs. The sector was responsible for the creation of 13,000 new direct jobs during the month of January in the State of Sao Paulo alone. Ing. Jaldir Freire Lima accepted the award on behalf of Brazil's National Bank for Social and Economic Development (BNDES).

The Finance award, recognizing that project that through an innovative or inclusive financing structure, acts as a model for the rapid financing of good projects, in that sector or other sectors, throughout the Americas was won by the Southern Oceanic Corridor Project. Connecting Brazil to Peru and the Pacific Ocean, this project employed innovative financing to tighten the relationship between private and public organizations on national and international scales - and ultimately leading to the creation of 22,000 jobs and laying the framework for long-term growth of tourism and access to education and health services. Ing. Javier de Souza of Odebrecht accepted the award on behalf of Peru's ProInversion.

The Strategic award, recognizing that Project that affects the strategic competitiveness of the region, through a dramatic physical change in the region's capabilities, was won by the Central American Feristsa Rail Project. The project will ultimately be a 3,657 km commercial standard gauge railroad running from the Panama Canal, throughout the entire length of Central America, and connecting with the North American railroad system in central Mexico. Mr. Jay Dick, of the Shaw Group, accepted the award on behalf of the five Central American governments.

The Andean Development Corporation (CAF) sponsored the Project of the Year awards, which were presented by Antonio Juan Sosa, Vice President for Infrastructure. "These awards represent the best that Latin America has to offer in the critical area of infrastructure - when you look at these projects you look at the future of the region, and it is a great future," said Sosa.

CG/LA Infrastructure LLC:

Based in Washington DC, CG/LA focuses on creating opportunity in the global infrastructure marketplace by assisting countries, regions, and companies to become increasingly competitive in areas of strategic advantage. CG/LA operates the Leadership Forum as a separate business unit, focused on the creation of public value through infrastructure project design, finance and operation.

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