Mexico City's congestion beating highway

A contract worth US$491 million has been awarded for a new tolled highway section in Mexico City. The project will be carried out by Spanish firm OHL and local company Copri in a 50/50 joint venture agreement.
February 8, 2012 Read time: 1 min
A contract worth US$491 million has been awarded for a new tolled highway section in Mexico City. The project will be carried out by Spanish firm 980 OHL and local company Copri in a 50/50 joint venture agreement. The contract is for a 33 year term and the new 5km link will help reduce congestion to the south-west of the city towards the cities of Cuernavaca and Acapulco. The work is expected to take until 2012 to complete and the joint venture company is called Controladora Via Rapida Poetas.
Highway & Network Management

For more information on companies in this article

OHL

Related Content

  • Mexico City infrastructure development plans
    January 5, 2015
    A series of major works is planned for Mexico City in 2015. The Mexican capital will benefit from a series of transportation project intended to deal with the city’s chronic congestion and pollution issues, as well as to improve international access. A second 13.3km long level will be added to the Mexico-Puebla highway and this is due for completion in July 2016. A second 7.7km level will also be added to the highway to Cuernavaca and this is due for completion in 2018. Construction will begin on a new airp
    Read More
  • Bangladesh highway contract awarded
    November 15, 2022
    A major Bangladesh highway contract has been awarded.
    Read More
  • Costa Rica highway concession package cancelled
    March 19, 2014
    The Costa Rican Government is paying compensation worth US$28.4 million for the cancellation of a highway concession package. The compensation relates to the San José-San Ramón highway concession and is being paid to the Brazilian construction company OAS, reports Business News Americas. This follows a legal dispute over the project and is some $10 million less than OAS originally claimed in compensation. The 30 year concession package was cancelled last year due to opposition. There were allegations of a c
    Read More
  • A key expressway project is due in Nepal
    July 26, 2012
    The Nepalese Government plans to open a key expressway project to tender. The Ministry of Physical Planning works and Transport Management is inviting bidders to show their interest in the construction of the Kathmandu-Nijgadh-Pathlaiya Terai/Madesh Expressway project. This new road link is intended to be offered under a PPP/BOT model. The 76km expressway is expected to cost US$853 million to construct. A feasibility study has been carried out and the expressway will be designed to meet the Class – A Catego
    Read More

Highlighted Content