A consortium has won the deal to build and operate Mexico’s 107km-long Tuxpan-Tampico highway

In Mexico a consortium headed by Moto-Engil has won the contract to build and operate the 107km-long Tuxpan-Tampico highway. According to Business News Americas, the winning bid that included a works cost of US$260 million, a subsidy of $95 million and venture capital of $73 million. Mota-Engil will now have construct the 107km of highway from Tuxpan to Ozuluama, and then maintain and operate it for the next 30 years. The Tuxpan-Tampico highway links two of Mexico's busiest Gulf coast ports and will be the
October 2, 2014 Read time: 1 min
In Mexico a consortium headed by Moto-Engil has won the contract to build and operate the 107km-long Tuxpan-Tampico highway. According to Business News Americas, the winning bid that included a works cost of US$260 million, a subsidy of $95 million and venture capital of $73 million. Mota-Engil will now have construct the 107km of highway from Tuxpan to Ozuluama, and then maintain and operate it for the next 30 years. The Tuxpan-Tampico highway links two of Mexico's busiest Gulf coast ports and will be the first project in the country to be developed under the public-private partnership (PPP) law's unsolicited proposal provision.

Other bidders included Coconal, in association with Operadora de Autopistas, and Acciona Infraestructuras, in consortium with Constructora y Edificadora Gia+A and HI Cuadrada Tuxpan.

Related Content

  • Increased mobility for Mexico
    June 14, 2012
    Urban mobility is high on the infrastructure agenda in Mexico. Business News Americas spoke with Salvador Herrera, executive director of the Centre for Sustainable Transport (CTS), about the elements of a sustainable transport system and Mexico City's addiction to the car At the heart of Mexico City's transport policy is a contradiction that is typical of the country as a whole. The government is spending big on Line 12 of the metro system and has introduced the first Metrobús bus rapid transit (BRT) l
    Read More
  • Columbia’s Agencia Nacional de Infraestructura nears PPP deal
    October 21, 2014
    Columbia’s Agencia Nacional de Infraestructura (ANI) will announce the winning consortium for the country’s first public-private partnership (PPP) road project in November. The 235km project will be the second road linking Ibague and Cajamarca. A consortium made up of Colpatria, Latinco, Mincivil, HB Estructuras Metalicas and Termotecnica Coindustrial is bidding for the contract that is expected to need nearly US$21millon in funding. Construction will be done in five different sections and conducted
    Read More
  • Plans in hand for Colombian highway project
    December 5, 2013
    The Colombian authorities have plans in hand for a US$240 million highway upgrade project. In all, 10 groups have been pre-selected for the tender process for the work, according to a report by Business News Americas. The project is for upgrades and improvements to a 173km stretch of the Puerta de Hierro-Cruz del Viso highway. This work includes improvements to access roads in the area, which lies in Colombia’s northern Sucre, Bolívar and Atlántico departments. The country’s infrastructure agency, ANI, has
    Read More
  • Mostotrest won another tender for building of Moscow-St Petersburg highway
    February 20, 2014
    The award for a key stretch of the Moscow-St Petersburg highway has been awarded - Eugene Gerden writes As expected by analysts, Mostotrest, owned by the Rotenberg brothers, won the tender for the construction of the sixth and longest section of the Moscow-St Petersburg highway. Under the conditions of the tender the company will build 209km of the highway (334-543km), which will pass through the Tver and Novgorod regions of Russia. The cost of construction is 144.6 billion Rubles (US$4.51 billion), 16 bill
    Read More

Highlighted Content