Mexico highway funding package secured by OHL

Funding has been found to help pay for building and operating Mexico’s Atizapan-Atlacomulco highway. OHL is building the link and has secured US$364.6 million in loans for the project. The financing package is being provided by several banks, including Santander, Institucion de Banca Multiple, Banco Nacional de Obras y Servicios Publicos (Banobras) and Santander Mexico.
October 4, 2017 Read time: 1 min

Funding has been found to help pay for building and operating Mexico’s Atizapan-Atlacomulco highway. 980 OHL is building the link and has secured US$364.6 million in loans for the project. The financing package is being provided by several banks, including Santander, Institucion de Banca Multiple, Banco Nacional de Obras y Servicios Publicos (Banobras) and Santander Mexico.

Finance & Funding

For more information on companies in this article

OHL

Related Content

  • Mexican motorway under construction
    August 27, 2019
    Construction work is underway for Mexico’s Atizapan-Atlacomulco motorway project. The project will now be complete in 2021, although it was originally planned to be ready for traffic in 2016. A series of delays hit the contractor originally working on the project, which then resulted in Mexico’s Secretariat of Communications and Transport (SCT) awarding the contract to another group. The concession for the project is now being handled by Aleatica.
    Read More
  • Highways expansion project in Los Angeles area
    August 9, 2017
    A loan worth US$629 million will help pay for a highway upgrade for the I-405 route in Orange County, California. The stretch of I-405 connects with Costa Mesa, on the southern side of Los Angeles. The federal loan is being provided by the US Department of Transportation to the Orange County Transportation Authority (OCTA). The work is to upgrade a 22.4km stretch of I-405 between its junction with the I-605 Interstate, close to Rossmoor, and the SR 73 route at Costa Mesa, which connects with the nearby John
    Read More
  • Uganda bridge project -financing secured
    March 26, 2018
    Financing now looks set to be secured for a major bridge project for Uganda. A loan is being supplied by various European and Japanese banks will help pay for the new River Nile Bridge. In all the bridge project is costing US$125.7 million. The 525m-long by 23m-wide link is needed to replace the ageing xxx structure. After the new bridge opens to traffic, the old bridge will be decommissioned.
    Read More
  • Funding package for Sri Lanka tunnels
    June 2, 2017
    A key portion of the funding required for the project to build new tunnels in Sri Lanka has been secured. A loan worth US$199 million is being provided by the Korea Economic Development Cooperation Fund (EDCF) for the project, which will be carried out in the city of Kandy.
    Read More

Highlighted Content