France's Egis and its Mexican partner Omega have closed the financing of the Golfo Centro highway project in Mexico.
Public development bank Banobras financed the project in January 2018 and Mexican financial group, Grupo Financiero Banorte, has given more than €100 million to the concessionaire.
The PPP project includes a 13-year contract for the operation, maintenance and reconstruction of 142km of toll roads between Mexico City and the port of Tuxpan, in Mexico’s Gulf coast.
This road unites the centre of the country (Mexico city) with the port of Tuxpan in the Gulf of Mexico and average daily traffic amounts to 170 000 vehicles.
Country updates
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October 30, 2018
Mexican President cancels airport concession
The President-elect of Mexico Andrés Manuel López Obrador has cancelled the concession for the development of a new international airport in Mexico City. ...
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October 03, 2018
CPPIB and Ontario Teachers agree to acquire 49% stake in Mexican toll road
Impulsora del Desarrollo y el Empleo en América Latina, S.A.B. de C.V. (IDEAL), Canada Pension Plan Investment Board (CPPIB) and Ontario Teachers’ Pension Plan have announced th...
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August 05, 2018
Procedure announced to revoke the west carriageway concession in Aguascalientes
The Government of the State of Aguascalientes initiated an administrative procedure to revoke the concession of the west carriageway from Concessionaire of Autopistas SA de CV, for non-compliance...
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May 25, 2018
Sacyr signs financing for hospital and highway PPPs in Mexico
Sacyr Concesiones has announced the close of financing of its two concessions in Mexico. The company has secured EUR86 million (US$100.82 million) for the Tlahuac hospital in Mexico Cit...
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May 04, 2018
IDB to invest US$200 million in waste-to-energy PPP in Mexico
The private investment arm of the Inter-American Development Bank (IDB), the Inter-American Investment Corporation, has approved a US$200 million loan for the construction of a thermal...
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