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

  • Implementation of road building projects in Russia’s Moscow may be significantly delayed
    May 15, 2014
    Implementation of some large-scale investment projects for road building in Russia’s capital Moscow may be significantly delayed A series of major documentation issues are the cause of the problem. These have delayed projects for up to nine tenders on the total sum of US$2.6 billion (95 billion rubles), with anomalies having been found by the Russian Federal Anti-Monopoly Service.
  • Interest strong in Mexico road concession
    February 18, 2016
    Interest is strong in the project to build and operate La Raza-Indios Verdes-Santa Clara road concession in Mexico. Seven firms have expressed interest in the La Raza-Indios Verdes-Santa Clara road concession. Caabsa, Constructora Garza Ponce, Ideal, Idinsa, OHL Mexico, Omega and Pinfra and are all in the running for the project at present. The winner of the tender process for the 10km route will be announced on 21st April 2016. The road will be built under the public-private partnership model and the conce
  • Mexico’s new highway for Oaxaca
    May 3, 2023
    Mexico’s Oaxaca State is to benefit from a major new highway link – Mauro Nogarin and Mike Woof report
  • Malaysian firm building Indian link
    March 5, 2012
    Plans are now in hand in India for construction of the Jetpur-Somnath Section NH-8D highway in the state of Gujarat.