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

  • Concrete - a competitive option for road construction?
    February 10, 2012
    The use of advanced control technology help boost the percentage of roads built using concrete - Mike Woof reports New technologies mean that concrete offers a highly competitive option for road construction.
    Read More
  • New Brazil road tender process due
    June 6, 2019
    The tender process for Brazil’s 364/365 highway will commence in mid-September 2019. The 437km route connects Jatai, Ituiutaba and Uberlandia in Minas Gerais State. The concession deal will be for 30 years and investment in the road is expected to be worth US$1.22 billion. The tender will be awarded to the firm offering the lowest toll rate. The national land transport agency, ANTT, is overseeing the tender process.
    Read More
  • Mexico highway development in Queretaro State and Coahuila State
    August 22, 2018
    Mexico has made a significant advance in developing its road network in Queretaro State and Coahuila State. Some US$900 million was used to develop the road network on Queretaro State during the 2012-2018 period, while $370.1 million was used to improve the road network in Coahuila State during the 2014-2018 period. Mexico’s Secretariat of Communications and Transport (SCT) said that major projects in Queretaro State included building the Queretaro bypass and a road link connecting Portezuelo with Palmillas
    Read More
  • Road user charging comes to the UK?
    December 14, 2017
    A new funding scheme for England’s proposed Major Road Network was greeted with enthusiasm by local authorities which partly pay for road upkeep. But this enthusiasm may be premature, explains Alan Pauling*
    Read More

Highlighted Content