Tender process in hand for Mexican highway

In Mexico the tender process is being developed for a major new highway project. The US$466.5 million highway project will be built under the PPP model. The 83km route will provide an improved connection between Las Varas, Bucerias and Puerto Vallarta. The country's Secretariat of Communications and Transport (SCT) is preparing the tender at present. Mexican construction firm Impulsora del Desarrollo y el Empleo en America Latina (IDEAL) initially put forward a proposal for the project, which looks likely t
June 4, 2015 Read time: 1 min
In Mexico the tender process is being developed for a major new highway project. The US$466.5 million highway project will be built under the PPP model. The 83km route will provide an improved connection between Las Varas, Bucerias and Puerto Vallarta. The country's Secretariat of Communications and Transport (SCT) is preparing the tender at present. Mexican construction firm 4881 Impulsora del Desarrollo y el Empleo en America Latina (IDEAL) initially put forward a proposal for the project, which looks likely to be put out to tender before the end of 2015.
Road Structures Finance & Funding

For more information on companies in this article

Related Content

  • Deal struck for Poland's A2 highway
    February 27, 2012
    Work on two sections of Poland's A2 highway originally planned to be built by the Chinese COVEC will now be constructed by two consortia.
    Read More
  • Mexico cutting motorway budget
    February 23, 2015
    Mexico is cutting its planned motorway construction budget. The country's Secretariat for Transport and Communications (SCT) has said the budget will be cut by US$268.8 million, a reduction of 17% from the figure planned originally. The 130 different projects that were to have been carried out under the original budget will still be built, but a number may be delayed. Road construction has been a key priority for this government in Mexico. In all some 46 new motorways will have been constructed by the prese
    Read More
  • New routes planned in and around Russian cities
    January 5, 2022
    New routes are being planned in and around Russia’s two biggest cities.
    Read More
  • Major Mexican motorway plan in hand
    February 2, 2015
    The Mexican Government plans to invest some US$13.72 billion in all into 46 motorway construction projects. Work on these new routes will be carried out during the current administration. The new motorways come in addition to the 85 motorways operating in 2012, when the current administration entered office. So far 13 new motorways have been built with funds of close to $3.77 billion. The 1.4km Distribuidor Vial Palmira motorway was recently opened inaugurated while the 10 lane Cuernavaca beltway project ha
    Read More

Highlighted Content