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

  • Polish project hits rocky road
    March 5, 2012
    The project to build a section of the A4 highway in Poland between Brzesko and Wierzchoslawice in the South of the country looks set to hit major legal issues.
  • Russia highway project awarded
    November 16, 2017
    Contractor Sibmost is to handle construction work for the Khabarovsk Bypass project. The new road will provide a link between the A-370 Ussuri, R-297 Amur and A-375 Vostok highways. With the construction of the Amur River bridge crossing also in hand, the new link will help provide improved transport between Russia and China. Discussions over the Amur River crossing between Russia and China first commenced in the 1980s and the project has finally come to fruition. The new tolled highway stretch being built
  • Poland's highway plans to go ahead
    May 15, 2012
    In Poland, the European Investment Bank has committed itself to maintaining its loan agreement for the A1 highway, despite recent problems over the project. The e1.1 billion loan that the EIB had agreed with Autostrada Poludnie for construction of a 180km section of the A1 highway from Strykow to Pyrzowice, will now be placed at the disposal of the Polish highway authorities. To carry out the work, Poland has to raise a further e503 million, which could be obtained from an issue of road bonds. Autostrada Po
  • Bidding strong for New York bridge link
    February 10, 2012
    Bidding is strong for the 30 year concession deal covering the Goethals Bridge linking New York and New Jersey. The contract will include financing, construction and management of the bridge and changes to the road alignment in a deal worth US$1.3 billion.