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 road projects moving forward in India
    August 3, 2012
    The Mumbai Metropolitan Region Development Authority has selected a consortium for the 45-year Mumbai Trans Harbour Link concession. The consortium comprises Spanish firm, OHL Concesiones, Indian firm, Gammon Infrastructure Projects, and South Korean firm, GS Engineering & Construction. The 22km highway will connect Sewri with Nhava andwill include a 16km bridge over the bay of Mumbai. Meanwhile the authorities in Uttar Pradesh state are planning to invest US$279.54 million in road improvements during the
  • Key highway projects planned for Vietnam
    February 22, 2012
    Vietnam's new highway projects Key highway projects are being planned in Vietnam including the Ninh Binh-Thanh Hoa Expressway, which will run for 127km and is expected to cost US$1.6 billion to construct.
  • Key highway projects planned for Vietnam
    April 5, 2012
    Vietnam's new highway projects Key highway projects are being planned in Vietnam including the Ninh Binh-Thanh Hoa Expressway, which will run for 127km and is expected to cost US$1.6 billion to construct.
  • Brazil road concessions ending
    January 8, 2019
    A number of major road concession agreements in Brazil are coming to the end of their terms by 2021. This includes eight concession packages for key routes, extending some 2,400km in all and generating over US$521 million/year in toll revenue. Tendering will have to be carried out for all of these routes, with two of the most prominent being the Nova Dutra highway linking Sao Paulo with Rio de Janeiro and the 218km Washington Luis highway in Sao Paulo State. At present CCR has the concession for the Nov