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

  • Sacyr enters Paraguay road sector
    October 25, 2016
    Sacyr subsidiary Sacyr Concesiones is leading a consortium to will build and operate the Road 2 and Road 7 routes in Paraguay. The Road 2 route will connect Asunción and Coronel Oviedo. Meanwhile the Road 7 route will run from Coronel Oviedo to Caaguazú. Construction is expected to cost US$520 million with the concession package being for a period of 30 years. The Route 2 and Route 7 combined deal is of note as this will be Paraguay’s first PPP for a highway project. The consortium is headed by Sacyr Conces
    Read More
  • Mexican authorities set out plan for infrastructure
    March 18, 2014
    The Mexican authorities have set out further details on the country’s ongoing infrastructure development plans. Mexico's Transport and Communications Secretariat (SCT) will commence the call for proposals process for highway projects worth a total of US$2.11 billion. The projects include the Paso Express de Cuernavaca, Tuxpan-Tampico highway, Ciudad Obrego by-pass and Barretal by-pass. They also include widening the Tlalpan and Puebla routes. Around $4.366 billion will be invested in roads in Mexico during
    Read More
  • Major Central American infrastructure projects
    February 23, 2012
    Mexico and Central America are home to some of the world's most spectacular infrastructure projects as Patrick Smith reports
    Read More
  • Mexico highway concession open for bids
    June 26, 2020
    A series of highway works are now open for bids in Mexico.
    Read More

Highlighted Content