Link deals awarded in Mexico

In Mexico the contractor Ideal has been awarded a package of highway and road works worth a total of US$667 million in all.
February 24, 2012 Read time: 1 min
In Mexico the contractor 3136 Ideal has been awarded a package of highway and road works worth a total of US$667 million in all. The concession package is for a highway measuring 169km and road sections that are 111km and 30km long. The highway connects Guadalajara and Tepic while the 111km road is in Guadalajara and the 30km road is in Tepic. The agreement is for a 48 month construction period with work commencing in January 2012. Ideal is part of the 3135 Carso group and the company will pay $342 million to the authorities now that it has the package of works, with the rest of the payment to come later. Seven firms tendered for the works in all, including ideal.

For more information on companies in this article

Related Content

  • Israel tunnel deal awarded
    August 27, 2020
    A major tunnel project has been awarded in Israel.
    Read More
  • El Sillar – Bolivia’s challenging road project
    February 6, 2020
    Construction of Bolivia’s El Sillar highway, the country’s most complicated road project – Mauro Nogarin reports
    Read More
  • New Vietnam bridge project to cut congestion
    October 24, 2016
    A new bridge project in Vietnam’s Ho Chi Minh City will help cut traffic congestion. The project is expected to cost in the region of US$157 million and four contractors will work on the construction of the 3.2km long Bình Tiên Bridge. The plans call for the bridge to carry four traffic lanes and be from 30-40m wide, although the design has yet to be finalised. The work will be carried out in two separate sections, while the client for the Bình Tiên Bridge and Road project is Ho Chi Minh’s Transport Departm
    Read More
  • Highway traffic management and tunnel safety
    May 14, 2012
    Austria’s new A5 autobahn is now officially open to traffic and the highway is also the first in the country being built under the PPP model. The first 16km stretch of the highway was opened in November 2009 on schedule with the second 35km section now having been opened as well. The contract was carried out by concession company Bonaventura Strassenerhaltungs, a partnership headed by German company Hochtief and Austrian firm Alpine Bau each with 44.4% stakes while French firm Egis Preojects holds the remai
    Read More

Highlighted Content