Mexican firm wins major Mexican highway contract

A Mexican firm has been awarded a major highway concession package in the country. Promotora y Operadora de Infraestructura (Pinfra) will build, operate and maintain La Raza-Indios Verdes-Santa Clara motorway for a 30-year concession. The package of works was awarded by the Mexican Secretariat of Communications and Transport (SCT). Pinfra’s offer was for a US$376.12 million deal for the implementation of the 10km route. This stretch of highway is expected to carry 50,000 vehicles/day. However, the offer
May 9, 2016 Read time: 1 min
A Mexican firm has been awarded a major highway concession package in the country. Promotora y Operadora de Infraestructura (1415 Pinfra) will build, operate and maintain La Raza-Indios Verdes-Santa Clara motorway for a 30-year concession. The package of works was awarded by the Mexican Secretariat of Communications and Transport (SCT).

Pinfra’s offer was for a US$376.12 million deal for the implementation of the 10km route. This stretch of highway is expected to carry 50,000 vehicles/day. However, the offer submitted by Pinfra was the only considered by SCT as all other competitors were disqualified on the technical stage. Pinfra will not receive subsidies or guarantees by the federal government. SCT informed that a stand-by loan for the project awarded by Banco Interacciones on 17th March 2016 will be retained by the general direction of road development (DGDC) until the contract is signed.
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