Skip to main content

Mexico’s Siglo XXI highway concession award triggers US$211mn investment

A Mexican consortium comprised of Pinfra, Grupo Bursátil Mexicano and Aldesa Mexico has secured a concession to build, operate and maintain the Siglo XXI highway concession in Morelos state, according to the transport and communications ministry, SCT. Around US$211 million (2.76 billion pesos) will be invested in the 62km highway over the next two years. Five companies, including OHL Mexico, are reported to have bid for the concession, with the Pinfra consortium presenting one of the lowest bids. This is
December 2, 2013 Read time: 1 min
A Mexican consortium comprised of 1415 Pinfra, Grupo Bursátil Mexicano and Aldesa Mexico has secured a concession to build, operate and maintain the Siglo XXI highway concession in Morelos state, according to the transport and communications ministry, 3067 SCT.

Around US$211 million (2.76 billion pesos) will be invested in the 62km highway over the next two years.

Five companies, including 5494 OHL Mexico, are reported to have bid for the concession, with the Pinfra consortium presenting one of the lowest bids.

This is the first major highway tender to be awarded during Enrique Peña Nieto's presidency.

The SCT has also reportedly confirmed that tenders for the 80km Atizapán-Atlacomulco highway and the 70km Guanajuato-San Miguel de Allende highway are underway.

For more information on companies in this article

Related Content

  • Key Mexico highway tenders due
    September 2, 2015
    Mexico’s Secretariat of Communications and Transport (SCT) is preparing two tenders for new road projects. These will be carried out under the PPP model. The contracts include the road linking Queretaro and San Luis Potosi, and Coatzacoalcos, in Veracruz, and Villahermosa, in Tabasco. The SCT is expected to complete tenders for a total of 52 highways. In addition SCT will carry out tenders for 80 road projects. Of these 80 road projects, 60 will be for widening and upgrading work while 20 will be for new ro
  • Brazil launches new transport infrastructure investment plan
    August 30, 2012
    The Brazilian government has announced a new transport infrastructure investment plan involving the concession of motorway operations and modernisation of the railway sector. The private public partnerships are predicted to lead to an investment of US$65.68 billion (BRL 133bn) in the next 25 years, including US$ 39.63 billion (BRL 80bn) to be spent in the first five years of the contract.
  • Road improvements in Mexico’s Jalisco State
    November 11, 2022
    Road improvements have been carried out in Mexico’s Jalisco State.
  • Mexico roads and bridges being planned
    November 15, 2016
    Mexico’s Nuevo Leon state will benefit from a budget of US$455.4 million for infrastructure works during 2017. However this is a drop of 16% from the budget allotted for 2016. The funding will be split between road maintenance and building new roads, with a key project being work on the Saltillo-Monterrey-Nuevo Laredo road. Meanwhile the elevated interconnection road linking the Periferico Sur motorway with the Tlalpan toll booth in Mexico City is seen as crucial to helping develop tourism, protecting th