Skip to main content

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

  • Colombia's road plans
    March 22, 2012
    The Colombian authorities have launched 17 road infrastructure tenders worth a total of US$1.89 billion. The tender process is remaining open until 30th January 2012.
  • Mexican highway deal
    November 27, 2012
    Spanish construction firm OHL presented an offer to operate the 56km Guadalajara-Colima motorway in Mexico for 12 years. The motorway is being heavily restructured, with the expansion of its four lanes. The first phase of these works has already been completed and investment to date has totalled US $54.81million. A further $263.66 million is being invested by Banobras on current works. All offers to operate the Guadalajara-Colima motorway were due for presentation by mid-September 2012. OHL Mexico has commi
  • Ethiopia highway deal awarded to South Korean firm
    December 6, 2018
    South Korean contractor Hyundai Development has been awarded a major road project in Ethiopia. The firm will carry out the US$138 million project to construct a 143km road link between Ethiopia’s Tepi Region and Gore Region. The firm will commence construction activity in January 2019. The package of works was awarded to the firm by the Ethiopian Roads Authority. The project is important for Ethiopia economically as it will help develop trade and transport.
  • New bridge and road projects underway for Chile
    December 18, 2013
    Strong bids have been received for Chile’s Puente Industrial road bridge project, which will be built in Region VIII. Bidders included Spanish firm OHL as well as Besalco Concesiones-Concesiones Viarias Chile Tres and Sacyr Concesiones Chile. Work on the 2.5km bridge is expected to commence in 2014 and the project will cost some US$170 million to construct, with completion expected in 2017. The deal for the four lane bridge includes building access roads and involves a 30 year concession package. The Puente