Interest strong in Mexican highway tender

Interest has been strong for a Mexican highway contract. In all 13 companies are considering bidding for the Tuxpan-Tampico highway concession in Veracruz state, reports Business News Americas. Local firms Tradeco Infraestructura, OHL México, Mota Engil México, La Peninsular Compañía Constructora, Acciona Infraestructuras México and Coconal have all shown interest in the project. The contract is for a 106.6km highway, which will run from Tuxpan-Ozuluama and connect two of the country’s busiest Gulf Coast po
July 28, 2014 Read time: 1 min

Interest has been strong for a Mexican highway contract. In all 13 companies are considering bidding for the Tuxpan-Tampico highway concession in Veracruz state, reports Business News Americas. Local firms Tradeco Infraestructura, 980 OHL México, Mota Engil México, La Peninsular Compañía Constructora, 976 Acciona Infraestructuras México and Coconal have all shown interest in the project. The contract is for a 106.6km highway, which will run from Tuxpan-Ozuluama and connect two of the country’s busiest Gulf Coast ports. The deal involves a 30 year build, operate and maintain concession package. The concession will be awarded on September 2nd, 2014.

Finance & Funding

For more information on companies in this article

Related Content

  • A consortium has won the deal to build and operate Mexico’s 107km-long Tuxpan-Tampico highway
    October 2, 2014
    In Mexico a consortium headed by Moto-Engil has won the contract to build and operate the 107km-long Tuxpan-Tampico highway. According to Business News Americas, the winning bid that included a works cost of US$260 million, a subsidy of $95 million and venture capital of $73 million. Mota-Engil will now have construct the 107km of highway from Tuxpan to Ozuluama, and then maintain and operate it for the next 30 years. The Tuxpan-Tampico highway links two of Mexico's busiest Gulf coast ports and will be the
    Read More
  • Contractor consortium wins concession for Mexican highway
    June 12, 2014
    Contractor Mota-Engil is heading the consortium that has been awarded the Cardel-Poza Rica highway concession in Mexico. The package was awarded by Mexico's transport and communications ministry (SCT), reports Business News Americas. The Mota-Engil bid included work costs of US$269 million. The 30-year concession covers construction and operation of a 129km stretch of highway between Laguna Verde and Gutiérrez Zamora, improving connections in the coastal region of Veracruz state as well as connections to V
    Read More
  • 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
    Read More
  • Mota-Engil wins Cardel-Poza Rica motorway contract in Mexico
    June 13, 2014
    Mexico's Secretarat of Communications of Transport (SCT) has awarded the contract to build the Cardel-Poza Rica motorway to Portuguese company Mota-Engil. The proposal made by the company, together with PRODI, of US$266.48 million (MXN 3.47 billion), was deemed the most feasible technically and financially. The offer was below the $307.53 million (MXN 4 billion) estimated for the project in the National Infrastructure Plan (PNI). The road will be located in Veracruz, spanning 129km between Laguna Verde and
    Read More

Highlighted Content