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

  • Indian expressway concession agreed
    January 24, 2022
    A key expressway concession is agreed for Uttar Pradesh in India.
  • New northern relief road for Moscow
    August 20, 2015
    New Concession Company to build northern relief road of Moscow Kutuzov Avenue – Eugene Gerden writes New Concession Company has won a tender for the building of the Northern relief road of Kutuzovsky Avenue, a major radial avenue in the Russian capital Moscow. The firm is part of Leader company (one of Russia's largest management companies), owned by Yuri Kovalchuk, a well-known Russian businessman, who is reportedly close to Russia’s president Vladimir Putin. It is planned that the building of the n
  • Serbia’s Corridor 11 highway concession
    October 8, 2013
    In Serbia plans are moving forward for the Corridor 11 highway. The contract for the 48km of highway looks set to be carried out under a concession model by Chinese companies. The deal will also involve the 103km Obrenovac-Preljina highway. The cost of the Corridor 11 highway project has not yet been disclosed. A decision has yet to be made regarding the Horgos-Belgrade-Pozega highway. Part of this route was to be built under a concession awarded to Alpine and Porr and this deal included work on some 250km
  • Chinese investment
    February 6, 2012
    China's Ministry for Transport reveals that it beat its target for upgrading rural roads during 2009. Some 381,000km of rural roads were improved, beating the target of 300,000km by a considerable margin.