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

  • Turkey is investing in new motorway and bridge projects
    May 29, 2013
    Turkey is benefiting from new motorway and bridge projects constructed along the BOT model - Gülay Malkoç. Looking at Turkey’s economic development, road construction plays a crucial role. The investment in Turkey is becoming increasingly attractive for both local and foreign investors. There are significant huge road investments and projects being made in Turkey at present, compared with EU countries where the roads need mostly repair and maintenance. According to the approach of Turkey’s Ministry of Trans
    Read More
  • Series of new road projects in planning for Guatemala
    August 14, 2014
    A series of major road projects in Guatemala now look set to go ahead. A US$340 million loan from the Brazilian National Development Bank (BNDES) will most likely fund work to widen the 131km Mayuelas-Puerto Santo Tomas de Castilla route to four lanes. A final decision on the financial package required for this project is due in September 2014. Meanwhile the tender process is opening for a 100km stretch of road running through El Rancho, San Agustin Acasaguastlan, El Progreso to Mayuelas, Gualan, Zacapa. Th
    Read More
  • Highway project for Oman
    November 27, 2012
    The authorities in Oman are setting out plans for a major new highway project to improve connectivity in the country. The tender process is underway for the project management contract for the Batinah Expressway. Oman's Ministry of Transport and Communications is inviting bids from consultancy firms to manage the project, which will be divided into six construction packages. The 265km link will extend the Muscat Expressway to Khatmat Malaha, located in the border between the country and the UAE. Worth US$2.
    Read More
  • Road repair and maintenance programme for Mexico
    April 10, 2014
    A budget of US$5 billion has been set for road construction, maintenance and modernisation projects in Mexico during 2014. The programme has been set out by the Secretariat of Transport and Communications (SCT), which published 2,191 tenders by March 2014 and expects 80% of resources to be tendered by May 2014. The projects include the Indios Verdes-Santa Clara viaduct, works to 300km of rural and agricultural roads in Quintana Roo and pavement restoration in Benito Juarez. Also included are the Mexico-Pue
    Read More

Highlighted Content