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

  • Mexico sets major agenda for infrastructure investment
    September 8, 2014
    A major programme of infrastructure investment in Mexico is seeing the country developing 46 highway projects that are due for completion in 2018. The country’s transport and communications ministry (SCT) says that 28 of the highway projects are under construction at present, while eight were completed recently and work on a further seven will commence before the end of 2014. This programme of works forms part of the National Infrastructure Plan (PNI). In all, the programme for the 46 highways is worth arou
    Read More
  • Mexico’s programme of infrastructure development
    September 12, 2018
    The Mexican Government is on track with its programme of infrastructure development for the time period from 2012 and 2018. Work completed includes the construction of 38 highways and 33,000km of rural roads. In addition, 77 federal roads have also been widened and rebuilt. The country’s Secretariat of Communications and Transport (SCT) says that much of this work has been carried out under the PPP model, with financing of around US$3 billion. The new highways stretch for a total of 2,400km and includes urb
    Read More
  • Mexico highway funding package secured by OHL
    October 4, 2017
    Funding has been found to help pay for building and operating Mexico’s Atizapan-Atlacomulco highway. OHL is building the link and has secured US$364.6 million in loans for the project. The financing package is being provided by several banks, including Santander, Institucion de Banca Multiple, Banco Nacional de Obras y Servicios Publicos (Banobras) and Santander Mexico.
    Read More
  • Mexico developing and maintaining key transport infrastructure
    January 10, 2019
    Mexico is setting out an ambitious programme of infrastructure development to the Tehuantepec Isthmus area in Oaxaca State in the south of the country. The work will include widening and upgrading the Salina Cruz-Coatzacoalcos road link, as well as building the Matias Romero bypass and the Acayucan-La Ventosa road section. This infrastructure development plan is expected to cost just over US$425 million in all and also includes improvements to rail connections and ports in the area. Road maintenance works
    Read More

Highlighted Content