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

  • Paraguay road contract financing model changed
    October 15, 2019
    A different financing model will now pay for work to upgrade Paraguay’s Route 2 road link.
  • New highway projects for Vietnam
    February 14, 2012
    In Vietnam the Nam Cuong Group (Nam Cuong) is restarting work on a key a 63km road connecting the north and south of Hanoi.
  • Bulgaria plans for operating road infrastructure
    February 21, 2012
    There is a lot of work to do on Bulgarian roads, but the government has plans to increase the length of highways built each year as Krasimir Krastanov reports. Bulgarian roads with a pavement make up 98.4% of all the country's roads, while 92.5% of them have an asphalt surface and 82.8% of them are able to carry 10tonnes/axle.
  • Key Colombian contract – contractor change
    July 8, 2019
    A new contractor will take over work for Colombia’s Santana-Mocoa-Neiva road. The project is worth around US$956 million and forms part of the country’s 4G infrastructure development programme. The work will now be handled by Grupo Ethus and involves a series of improvements, upgrades and widening to be carried out along 457km of the route, including building a 54km section. This project will be carried out in seven sections and is due for completion in 2023. The work was originally awarded to a concession