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.
Road Structures Highway & Network Management

For more information on companies in this article

Related Content

  • Brazil’s ANTT launches public consultation for NovaDutra extension
    March 18, 2016
    Brazil's national land transport agency ANTT has launched a public consultation concerning a proposed contract extension of 13 years for the NovaDutra highway concession held by CCR. The deal covers the Rodovia Presidente Dutra highway between Rio de Janeiro and Sao Paulo, according to a report by the Valor Economico newspaper. Consultations will run for 30 days until mid-April and include two sessions in Sao Paulo and Rio de Janeiro.
    Read More
  • Czech tender interest from international companies
    December 13, 2012
    The tender process for upgrade works on the D1 highway in the Czech Republic is attracting international bidding. The five sections of highway are worth €173.2 million in all, with investments of €59 million planned for 2012. Companies entering bids so far include Metrostav, Skanska, Strabag, Eurovia CS, Swietelsky Stavebni, OHL ZS, Dalnicni Stavby Praha. Bidders also include several consortia including one comprising M-Silnice, Bogl a Krysl and Berger Bohemia and one made up of Hochtief CZ and Silnice Casl
    Read More
  • US$766.15bn to be invested in China road network expansion
    June 24, 2013
    Over the next 17 years, China will invest US$766.15 billion (CNY 4.70tn) to expand the country's major road network by over two times. By 2030, the length of roads in China is expected to total 5.8 million kilometres, with trunk ways and highways making up 7% of the total. Provincial and countryside roads are expected to account for 9% and 84% respectively. According to a road expansion blueprint approved in May 2013 by the State Council, the length of toll-free trunk ways and toll highways should by 2030 i
    Read More
  • Colombia's roads to recovery
    February 8, 2012
    Colombia's Ministry of Transport is suggesting that the Avenida Longitudinal de Occidente (ALO) road project in Bogota should be carried out by Colombian energy company Empresa de Energia de Bogota (EEB).
    Read More

Highlighted Content