Mexican PPP highways face construction delays

Delays are affecting a series of PPP road projects in Mexico.
February 29, 2012 Read time: 1 min
Delays are affecting a series of PPP road projects in Mexico. Financial issues have been identified as the cause of the delays, most of which are in excess of 12 months. The PPP highways from Barranca Larga-Ventanilla in Oaxaca state, Perote-Banderilla and bypasses around the cities of Chihuahua, Xalapa, La Piedad and Culiacan are all affected by delays. The Barranca Larga-Ventanilla PPP project in Oaxaca state is delayed as the concessionaire Grupo Omega is still in the process of completing its funding for the work.

Related Content

  • Slovakia: D4/R7 Bratislava bypass work to start early this year
    January 10, 2017
    Construction will start early this year on 59km of highway as part of the D4/R7 bypass of the Slovakian capital Bratislava. Ferrovial through its subsidiaries Cintra Infraestructuras and Ferrovial Agroman is leading the consortium on the public-private partnerships deal worth around €1.9 billion, according to media reports. Ferrovial reached financial close on the project in June, noting that their investment would be around €975 million. The first stage of the design, build, financing, operate and ma
    Read More
  • Slovakia road tenders opening
    November 10, 2022
    Slovakian road tenders are opening for bids.
    Read More
  • Funding for key Russian highway projects
    May 10, 2012
    A notable partnership deal looks set to provide funding for key Russian highway projects. A memorandum of cooperation has been signed between the state-owned Russian Highways (Avtodor) and the European Bank for Reconstruction and Development (EBRD). Under this deal the EBRD may provide loans to Avtodor, redeem bonds, or co-operate on concession agreements. This funding stream will allow Avtodor to implement its key PPP projects. Avtodor and the EBRD have been discussing the highway linking Moscow with St Pe
    Read More
  • Increase in US pedestrian deaths in 2022
    March 8, 2023
    New data shows an increase in US pedestrian deaths in 2022.
    Read More

Highlighted Content