Skip to main content

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.

For more information on companies in this article

Related Content

  • Macquarie funds Mexican highway deal
    May 3, 2012
    Late in 2010 Macquarie Mexican Infrastructure Fund (MMIF), the first peso-denominated fund focused solely on investment opportunities in Mexican infrastructure projects, completed the acquisition of a northern Mexico highway package.
  • Strong bidding for key Mexican highway project
    July 1, 2013
    Bidding is strong for the contract to build and operate a key stretch of highway in Mexico in a project expected to cost some US$179 million. The Siglo XXI highway will be constructed in Morelos State in Mexico's Morelos state. The deal is for a 30 year concession for the 62km section of highway, which will connect Jantetelco with El Higuerón. The Spanish contractor Acciona is one of several firms preparing its bid for the project and the company is also interested in other Mexican infrastructure works, wit
  • Mexico to allocate $3.3 billion for road infrastructure in 2016
    February 9, 2016
    Mexico’s sub-secretary of infrastructure, Raul Murrieta Cummings, has announced that the Mexican Secretariat of Communications and Transport will US$3.3 billion in road infrastructure projects during 2016. Murrieta indicated that works will be carried out on 20 motorways and 10 federal roads. By the end of the year, SCT expects to complete 40 motorways and 63 federal roads out of a programme of 52 motorways and 80 roads scheduled for the current term. Murrieta specified that 18,000km of road infrastru
  • Mexico’s strong road investment programme for 2014
    December 4, 2014
    The Mexican Government says it has managed to boost road investment in 2014, compared with 2013. According to the Secretariat of Communications and Transport (SCT), investment in road projects between January and October 2014 hit US$5.39 billion, some $56 million more than for the whole of 2013. Mexico’s National Infrastructure Project (PNI) includes 266 government pledges, of which the SCT is responsible for 105. By the end of 2014, there will be four new motorways n Mexico costing over MXN 4bn (the Mazatl