Contract awarded for USD614.80 million highway PPP project in Mexico
The National Bank of Public Works and Services (Banobras) has awarded the concession contract for Tepic-Compostela and Jala-Compostela-Las Varas highways to Mota-Engil México SAPI SA de CV in Mexico.
Mota-Engil Mexico will be responsible for the construction, maintenance, rehabilitation and operation of the Tepic-Compostela highway (26 km type A2), sub-segment B of segment 2 Compostela-Las Varas, of the Jala-Compostela-Las Varas highway and branch to Compostela (includes the El Capomo junction, 18.3 km type A4) and the maintenance, rehabilitation and operation of sub-segment A of segment 2 Compostela-Las Varas (11 km type A4).
The project has an estimated investment of MXN12,417 million (US$614.80 million).
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