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

  • Major Australian tunnel contract has been awarded
    October 29, 2021
    A major Australian tunnel contract has been awarded to a consortium.
    Read More
  • Kosovo's award-winning green highway construction
    March 20, 2012
    A new highway is proving an economic lifeline for the tiny country of Kosovo – Mike Woof reports. Road projects in Europe rarely meet such widespread public approval and support as the new Route 7 highway being built in the new Balkan state of Kosovo. The first sections of the new road opened to traffic in November 2011, with locals turning out in large numbers to celebrate the event. The official opening was carried out by the country’s prime minister Hashim Thaçi, president Atifete Jahjaga, and members of
    Read More
  • New Zealand's transport plans
    February 8, 2012
    New Zealand's Government is now setting budgets for transport improvements. In Auckland transport projects look set to commence following a design agreement worth US$10.52 million. This will be for the $937 million eastern suburban transport projects package.
    Read More
  • Contractors demand tenders for Carillion’s work in Alberta, Canada
    July 25, 2018
    Road contractors in the Canadian province of Alberta are demanding tenders be conducted for maintenance contracts that are currently run by Carillion, now in receivership. Carillion, based in the UK, went into receivership in January, and its Canadian operations did so as well, around a week later. The call for tenders in Alberta arose when the Alberta Roadbuilders and Heavy Construction Association learned that more than US$380 million worth of road contracts are likely to be handed over to Emcon, a
    Read More

Highlighted Content