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

  • Tamil Nadu road project in India
    April 9, 2020
    A key road project in India’s Tamil Nadu State has been awarded.
    Read More
  • Moscow-Kazan highway plans
    June 17, 2020
    The Moscow-Kazan highway plans form part of the nation’s future economic recovery.
    Read More
  • Algeria highway deal for consortium
    July 9, 2015
    The contract for a major highway project in Algeria worth US$242.3 million has been awarded to a consortium. The work involves building a 31km urban highway connecting the port of Skikda to the country’s East-West highway. Portuguese contractor Teixeira Duarte-Engenharia e Construccoes forms part of a consortium with Algerian groups Sero EST Batna and Nardjess Travaux Publics. The new highway will have three lanes in each direction and has to be completed within 24 months.
    Read More
  • Bulgaria signs Shipka Pass deal
    June 17, 2022
    The PSVT consortium picked up the Shipka Pass Tunnel project as part of the bypass for Gabrovo City, a town of around 50,000 situated on the Yantra River.
    Read More

Highlighted Content