A consortium led by Portuguese construction company Mota-Engil has closed the financing for the Tampico-Ciudad Victoria road concession, which involves the rehabilitation and conservation of five highway sections in Tamaulipas, located in the northeast of Mexico.
The MXN5.2 billlion (US$273.53 million) project was awarded to a consortium of companies composed of Mota-Engil México SAPI SA de CV, Construcciones y Mantenimiento Roca SA de CV, Grupo Rio San Juan, SA de CV and Grupo R. Exploración Marina, SA de CV in May 2018.
Altogether, the road segments covered by the concession contract have a linear length of 224.88 km and an equivalent length of 279.21 km.
Country updates
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January 17, 2019
Mexican government announces US$1.4 billion road concession programme for 2019
The government of Mexico is planning to launch 20 road concessions over the course of 2019 with a total investment of MXN27.3 billion (US$1.44 billion). To be developed through public-private partners...
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December 21, 2018
PINFRA agrees to acquire 100% of Mexican highway concession
PINFRA (Promotora y Operadora de Infraestructura) has announced that its subsidiary Fibra Vía has acquired 100% of the Michoacán highway package concession for MXN10 billion (US$500.7 mi...
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December 03, 2018
Local consortium secures financing for US$470 million road project in Mexico
A consortium of local companies - Grupo Indi, Idinsa, Supra and Constructora Cañeros - has secured a MXN3 billion (US$147 million) facility to finance the Arriaga-Tapachula highway rehabilitati...
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November 28, 2018
Financial close for Golfo Centro highway project in Mexico
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 Mex...
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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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