Skip to main content

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.

For more information on companies in this article

Related Content

  • OHL working on new Mexican highway projects
    October 2, 2013
    Spanish firm OHL’s subsidiary, OHL Concesiones, will carry out a series of highway projects in Mexico. The company has a loan facility of US$404.6 million to carry out highway work in Mexico. At present OHL operates six highway concessions in Mexico. Three of these highways are open to traffic, with a further two under construction at present and work on the last due to commence shortly.
  • Construction work on new Mexican motorway link is underway
    July 14, 2014
    In Mexico work is now underway on the La Marquesa-Toluca highway. The project is costing some US$269.5 million in all. The construction is due for completion in December 2015. The work is being carried out jointly on the first stretch of the highway by Spanish contractor OHL working in partnership with local company La Peninsular.
  • Mexico to boost budget for road studies in 2018
    August 17, 2017
    Mexico’s Secretariat of Communications and Transport is looking to inject US$84.2 million into the Road Studies and Projects Programme in 2018. The studies are geared towards increasing the efficiency of the national road agency Direccion General de Carreteras to keep projects on budget and improve the record of completion times for new roads and upgrade works. During 2018, the agency will be conducting studies related to 14 projects as part of the National Infrastructure Programme and 91 projects inc
  • New bridge and road projects underway for Chile
    December 18, 2013
    Strong bids have been received for Chile’s Puente Industrial road bridge project, which will be built in Region VIII. Bidders included Spanish firm OHL as well as Besalco Concesiones-Concesiones Viarias Chile Tres and Sacyr Concesiones Chile. Work on the 2.5km bridge is expected to commence in 2014 and the project will cost some US$170 million to construct, with completion expected in 2017. The deal for the four lane bridge includes building access roads and involves a 30 year concession package. The Puente