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

  • Philippines to rethink Laguna Expressway highways work
    May 3, 2016
    The Philippines might separate a 47km six-lane road construction element from a complicated land reclamation and dike development contract recently shunned by preferred bidders. None of the three qualified bidders for the Laguna Lakeshore Expressway Dike public-private partnership deal submitted final bids for the contract. There were concerns over the legality of reclaiming 700 ha of land and whether investors could make money from it.
    Read More
  • Consortium Via al Puerto to finish Colombia’s Buga-Buevantura road
    May 24, 2016
    Colombia’s National Infrastructure Agency (ANI) has approved Consorcio Estructura Plural Via al Puerto to build the remaining 26.5km of the Buga-Buenaventura dual carriageway. Construction costs will be just under US$358 million with another $645 million likely needed to maintain and operate the public-private partnership road for 30 years. Works include construction of two tunnels, 12 bridges, 7.5km of cycle lanes, as well as maintenance of 111km of the main road, according to a report by El Pais new
    Read More
  • Tender open for key Florida highway
    April 30, 2013
    Competition is strong in the tender process for a highway project in Florida. The contract is to design, construct, finance, operate and maintain the interstate I-4 highway and the investment required for the project is expected to exceed US$1.95 billion. The tender is being held by the Florida Department of Transport through a public-private partnership. The project includes the reconstruction of 35km of the I-4 and the revamped route will feature four tolled lanes. Spanish firms OHL and FCC are partnering
    Read More
  • Canada: Champlain Bridge deal awarded to SNC-Lavalin consortium
    April 17, 2015
    The Canadian government has awarded a multi-billion dollar contract for the Champlain Bridge in Montreal, in the province of Quebec, to a consortium led by SNC-Lavalin. The firm, based in Montreal, will design, build, maintain and operate the toll bridge under a 35-year public-private partnership deal worth between US$2.5-$4.1 billion. The consortium called Signature on the Saint-Lawrence Group includes Spanish firms Dragados Canada and ACS Infrastructures and the US firm Flatiron Construction. Other
    Read More

Highlighted Content