Mexico: OHL to bid for La Raza-Indios Verdes-Santa Clara contract

OHL Mexico, a subsidiary of Spanish construction firm OHL, has confirmed it will bid for the construction and operation contract for Mexico’s La Raza-Indios Verdes-Santa Clara motorway. The 9.5km road worth around US$364 million will be let as a public-private partnership under the federal government’s National Infrastructure Programme, Mexico’s El Economista newspaper reported. A total of 14 companies are interested in the project, including Pinfra, Ideal, Prodemex, China Harbour Engineering Mexico
June 22, 2015 Read time: 2 mins
5494 OHL Mexico, a subsidiary of Spanish construction firm 980 OHL, has confirmed it will bid for the construction and operation contract for Mexico’s La Raza-Indios Verdes-Santa Clara motorway.

The 9.5km road worth around US$364 million will be let as a public-private partnership under the federal government’s National Infrastructure Programme, Mexico’s El Economista newspaper reported.

A total of 14 companies are interested in the project, including Pinfra, Ideal, Prodemex, China Harbour Engineering Mexico and GIA+A. All interested firms must present their economic and technical proposals by September 25.

According to the tender conditions, the winning company will be authorised to charge a maximum toll of fare of nearly 17 cents US per kilometre, although this could change if the country's financial situation affects substantially the economics of the contract.

OHL’s announcement comes after disagreements over progress on another project, Mexico’s Atizapan-Atlacomulco highway. Almost one year after work started, little progress appears to have been made. OHL said that the apparent lack of progress is due to the government not having arranged access to the road.

Sergio Hidalgo, director general for OHL Mexico, told investors in June that the land for the first of three stages of the project, covering 25km between Atlacomulco and Ixtlahuaca was released only in the first part of this year. Because of this late release, construction work can begin earliest this summer.

But the secretary of communications and transport has argued that OHL could have started work months ago. The government indicated that 53% of the land for the project has been released so far, providing sufficient area for work to start. The highway will cover 74km, with OHL's contract valid for 30 years, expiring in 2044.

OHL Mexico won the contract to build and operate the 74km road in central in March last year. The road will link Mexico's capital Mexico City and the western city of Guadalajara. The deadline for the highway to begin operating was originally May 15, 2016.
Finance & Funding

For more information on companies in this article

Related Content

  • Foundations for Mexico highway with help from Liebherr
    November 9, 2017
    A Liebherr rotary drill rig and oscillator combination has been working in Mexico on a highway project for contractor Mota-Engil. A Liebherr piling rig is playing an important role on a major Mexican highway construction project being carried out by a division of the Portuguese firm Mota-Engil. The use of the rig by Mota-Engil Mexico’s newly formed geotechnical division is helping to set new quality standards for piling in the country. The contractor is leasing one of the latest Liebherr LB 24-270 rotary
    Read More
  • Cemex wins over 90% acceptance for debt exchange offer
    August 22, 2012
    Cemex, the largest cement maker in the Americas, has won more than 90% acceptance of an offer to extend maturities on US$ 7.25 billion of loans by three years. Support for the proposal, whose acceptance deadline was extended to 7th September, is said to have bolstered Cemex’s efforts to prevent a financing crunch in 2014 by pushing maturities to 2017.
    Read More
  • Costa Rica: environmental possibly loom for Route 32 to Moin port
    October 18, 2016
    A construction start to the extension of Route 32 between Rio Frio and Limon is set for another setback after the government demanded more environmental work to be done. La Republica newspaper is reporting that Costa Rica’s Secretariat of Environment (Setena) Wants China Harbour Engineering Company (CHEC), to provide more information on the environmental impact of the proposed 107km project. Marco Arroyo, president of Setena, has told CHEC would it has until April 2017 to provide the information on v
    Read More
  • Tenders received for Mersey Gateway project
    April 10, 2013
    Tenders have now been received for the Mersey Gateway Project from all three shortlisted bidders competing to deliver the project on behalf of Halton Borough Council. The full and final tenders were delivered to the project’s offices overlooking the River Mersey ahead of the deadline. The project team and its expert advisors will now spend the next few weeks assessing the three bids. The bidding teams have spent the last 18 months working on their plans to become Halton Borough Council’s private sector par
    Read More

Highlighted Content