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 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
  • Colombia dual carriageway concession awarded
    January 29, 2021
    A key Colombian dual carriageway concession has been awarded.
    Read More
  • Russia to commission new Moscow-St Petersburg highway by 2020
    June 20, 2017
    Final delivery of the final stretch for Russia’s key highway project looks set to be delayed – Eugene Gerden writes. I now looks as if Russia’s most ambitious project in the field of road building in recent years, the building of a new high-speed road link between Moscow and St Petersburg, the country’s largest cities, will not be complete in time. The project was set up by the Russian government and several private investors. According to initial state plans, building of the new road should have been compl
    Read More
  • Interest strong in Mexico road concession
    February 18, 2016
    Interest is strong in the project to build and operate La Raza-Indios Verdes-Santa Clara road concession in Mexico. Seven firms have expressed interest in the La Raza-Indios Verdes-Santa Clara road concession. Caabsa, Constructora Garza Ponce, Ideal, Idinsa, OHL Mexico, Omega and Pinfra and are all in the running for the project at present. The winner of the tender process for the 10km route will be announced on 21st April 2016. The road will be built under the public-private partnership model and the conce
    Read More

Highlighted Content