Contractor consortium wins concession for Mexican highway

Contractor Mota-Engil is heading the consortium that has been awarded the Cardel-Poza Rica highway concession in Mexico. The package was awarded by Mexico's transport and communications ministry (SCT), reports Business News Americas. The Mota-Engil bid included work costs of US$269 million. The 30-year concession covers construction and operation of a 129km stretch of highway between Laguna Verde and Gutiérrez Zamora, improving connections in the coastal region of Veracruz state as well as connections to V
June 12, 2014 Read time: 1 min
Contractor Mota-Engil is heading the consortium that has been awarded the Cardel-Poza Rica highway concession in Mexico. The package was awarded by Mexico's  transport and communications ministry (SCT), reports Business News Americas. The Mota-Engil bid included work costs of US$269 million. The 30-year concession covers construction and operation of a 129km stretch of highway between Laguna Verde and Gutiérrez Zamora, improving connections in the coastal region of Veracruz state as well as connections to Veracruz port. Works are expected to be complete in 2017.
Road Structures Finance & Funding

Related Content

  • Mexico highway development in Queretaro State and Coahuila State
    August 22, 2018
    Mexico has made a significant advance in developing its road network in Queretaro State and Coahuila State. Some US$900 million was used to develop the road network on Queretaro State during the 2012-2018 period, while $370.1 million was used to improve the road network in Coahuila State during the 2014-2018 period. Mexico’s Secretariat of Communications and Transport (SCT) said that major projects in Queretaro State included building the Queretaro bypass and a road link connecting Portezuelo with Palmillas
    Read More
  • Consortium constructing challenging route in Chilean capital Santiago?
    January 29, 2014
    The concession package for the US$1.06 billion Américo Vespucio Oriente (AVO) expressway in Santiago, Chile looks set to be awarded to a consortium headed by OHL Concesiones Chile. OHL's proposal of a subsidy close to 20% of the project's cost beat Spanish group Cintra's bid, according to a report from Business News Americas. Of 15 companies that prequalified for the project, only OHL in an alliance with Sacyr Concesiones Chile and Cintra had submitted technical offers for the 40-year concession. Constructi
    Read More
  • New road projects are being proposed for the Philippines
    January 6, 2017
    Major new highway projects are now underway in the Philippines. The tender process is opening for the Laguna Lakeshore Expressway-Dike project, which will be worth some US$2.59 billion in all. The new expressway will connect Los Banos with Taguig City and when it is complete, will improve journey times from Laguna to Metro Manila by cutting congestion. Just over half of the sum will be used to build the expressway itself, while the rest will be used to construct a new flood control dike as well as to carry
    Read More
  • Progress for new highway project in Colombia
    June 5, 2014
    In Colombia the firm Estructura Plural Mario Alberto Huertas-Constructora MECO has been awarded the Girardot-Puerto Salgar 4G highway concession. The US$674 million concession was awarded following a short delay due to legal complexities by Colombia's national infrastructure agency ANI, reports Business News Americas. The 214km Girardot-Puerto Salgar highway is in central Colombia and the concession package includes the construction of 190km of the route, of which 22km will be totally new. A 135km stretch w
    Read More

Highlighted Content