Mexican state of Guanajuato to invest US$287.74mn in roads

The Mexican state of Guanajuato is to invest US$287.74 million (MXN 3.7 billion) in roads infrastructure projects. Announcing the investment, Guanajuato state governor Miguel Marquez Marquez said the funds would cover over 300 construction, refurbishment, connectivity and modernisation projects. It is part of Marquez's so-called ‘Impulso’ programme which covers several areas of his administration, such as economic development, infrastructure and social programmes. Meanwhile, elsewhere in Mexico, it has em
May 28, 2014 Read time: 1 min
The Mexican state of Guanajuato is to invest US$287.74 million (MXN 3.7 billion) in roads infrastructure projects.

Announcing the investment, Guanajuato state governor Miguel Marquez Marquez said the funds would cover over 300 construction, refurbishment, connectivity and modernisation projects. It is part of Marquez's so-called ‘Impulso’ programme which covers several areas of his administration, such as economic development, infrastructure and social programmes.

Meanwhile, elsewhere in Mexico, it has emerged that Portuguese construction company Mota-Engil leads the tender process for the construction of the first section of the Cardel-Poza Rica motorway. The construction of the 129km stretch linking Laguna Verde and Gutierrez Zamora is estimated to cost around $315.54 million (MXN 4.06 billion), according to the National Infrastructure Programme. The offer submitted by Mota-Engil proposes a total investment for the project of $269.49 million (MXN 3.47 billion), with a risk capital of $100.18 million (MXN 1.29 billion) and a state aid of $64.22 million (MXN 827 million).
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