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

  • Tender open for key Florida highway
    April 30, 2013
    Competition is strong in the tender process for a highway project in Florida. The contract is to design, construct, finance, operate and maintain the interstate I-4 highway and the investment required for the project is expected to exceed US$1.95 billion. The tender is being held by the Florida Department of Transport through a public-private partnership. The project includes the reconstruction of 35km of the I-4 and the revamped route will feature four tolled lanes. Spanish firms OHL and FCC are partnering
    Read More
  • Malaysia’s West Coast Expressway gets project finances in order
    July 2, 2015
    Malaysia’s West Coast Expressway company has reported that it will inject nearly US$425 million into its West Coast Expressway project. Total cost of the West Coast Expressway, which will stretch 233km between Banting in Selangor state and Taiping in Perak state on the Malaysian peninsula, is expected to be around $1.56 billion. The highway will be built over five years as a build-operate-transfer project with a concession of 50 years, The Star newspaper reported in February 2014.
    Read More
  • British Columbia decides on Massey Tunnel
    August 20, 2021
    Canada’s Pacific coast province of British Columbia has announced the George Massey Tunnel replacement will be another tunnel and not a bridge as decided earlier.
    Read More
  • Oman’s new US$390 million highway
    December 5, 2024
    Oman is building a new US$390 million highway.
    Read More

Highlighted Content