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

  • Tunnel contract for Bosnian highway
    December 17, 2012
    Turkish company Cengiz Insaat has reportedly been awarded the €115 million contract for the construction of the Suhodol-Tarcin motorway in Bosnia. The works, which will be done in cooperation with Bosnian company Euroasfalt, will include two tunnels. One of them will be 400m long, while the other will be 2.5km. Works are expected to be completed by 2014. Meanwhile, bids are now being offered for a major highway project in Bosnia. This follows the opening of the tender process for the project by Bosnian high
    Read More
  • Norway’s E10 project is officially underway
    August 7, 2023
    Hålogalandsvegen/Skanska will finance, build, maintain and operate a section of the E10 Hålogalandsvegen and Highway 85 Tjeldsund–Gullesfjordbotn–Langvassbukt north of the Arctic Circle.
    Read More
  • Ukraine's pivotal plans
    February 16, 2012
    The authorities in the Ukraine are in discussions regarding financing for a major road project, as well as making plans for the country's first ever highway concession.
    Read More
  • Slovakia’s D1 highway project underway
    August 11, 2022
    Work on Slovakia’s D1 highway project is underway.
    Read More

Highlighted Content