PUBLIC PRIVATE PARTNERSHIP NEWS AGGREGATOR: Mexico - Upcoming stories

SCT publishes revised Punta Colonet bidding rules, Mexico

anxora — Mon, 30 Nov 2009 21:58:31 GMT

Mexico's transport and communications ministry (SCT) has published revised bidding rules for the Punta Colonet port project in Baja California state. The concession will involve constructing and operating a railway line, providing rail transport facilities and related services, and building a port in Bahía Colonet, SCT said in a release.

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Slim’s Ideal Wins 4 Billion-Peso Mexico Highway Bid.Mexico

anxora — Mon, 30 Nov 2009 21:58:31 GMT

Billionaire Carlos Slim’sImpulsora del Desarrollo y el Empleo en America Latina SA won a bid to build and operate Mexico’s Pacifico Norte highway project. Ideal, as the Mexico City-based construction financing company is known, will invest as much as 4 billion pesos ($306 million) on the project, Mexico’s Transportation Ministry said today in an e-mailed statement. Ideal topped bids from a consortium led by Empresas ICA SAB and from Obrascon Huarte Lain SA, the ministry said.

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Goldman, ICA Sell 32% Stake in Toll Highway Company.Mexico

anxora — Mon, 30 Nov 2009 21:58:31 GMT

Goldman Sachs Group Inc. and Empresas ICA SAB raised 6.55 billion pesos ($478 million) by selling a 32 percent stake in a group of toll highways to investors through a trust fund. The proceeds will be used to pay debt at Red de Carreteras de Occidente, a toll highway holding company known as RCO, ICA said today in an e-mailed statement. Goldman and ICA also will add capital of 2 billion pesos to RCO. After the transactions, Goldman will own about 55 percent of RCO, down from 80 percent, and ICA will own about 14 percent, down from 20 percent.

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Mexico To Grant Road Contracts Worth MXN21.5 Billion By Year-End.Mexico

anxora — Mon, 30 Nov 2009 21:58:31 GMT

Mexico's Communications and Transport Ministry expects to grant five highway concessions worth a total of 21.5 billion pesos ($ 1.56 billion) by the end of the year, Infrastructure Minister Oscar De Buen said Monday. The concessions include three packages of existing highways that the government took over from private investors after the 1995 financial crisis.

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Global economic crisis causes at least four port concessions to fail, Mexico

anxora — Mon, 30 Nov 2009 21:58:31 GMT

The global economic crisis has caused at least four port concession projects in Mexico to fail, according to a maritime report by the UN's Economic Commission for Latin America and the Caribbean (Eclac) obtained by BNamericas. In addition to the postponement of the 50bn-peso (US$3.82bn) Punta Colonet tender in Baja California state, the report cites three other port tenders that have been negatively affected by the lack of private companies interested in or able to carry out the required investments under the terms stipulated by the federal government.

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ICA, SCT sign US$136mn concession agreement for La Piedad bypass, Mexico,

anxora — Mon, 30 Nov 2009 21:58:31 GMT

Mexico's largest construction firm ICA (BMV, NYSE: ICA) and the transport and communications ministry (SCT) signed the 30-year concession agreement for the La Piedad bypass, in Michoacán state, ICA said in a release.

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Mexico set to relaunch Farac II.Mexico

anxora — Mon, 30 Nov 2009 21:58:31 GMT

In contrast to the original Farac II package, which failed to attract much interest at an auction early in March, the new one will be split into two.

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ICA wins US$133mn La Piedad bypass concession. Mexico

anxora — Mon, 30 Nov 2009 21:58:31 GMT

Mexico's largest construction firm ICA (BMV, NYSE: ICA) has been awarded the 30-year, 1.89bn-peso (US$133mn) concession to build and operate the 21.3km La Piedad bypass, in Michoacán state, the company said in a release.

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Mexican Govt Rejects Bids For Highway Concession As Too Low.Mexico

anxora — Mon, 30 Nov 2009 21:58:31 GMT

The ministry, known as the SCT, received bids on the package from infrastructure firm Ideal (IDEAL.MX) and a consortium led by construction firm ICA (ICA), the SCT said in a weekend press release.

PUBLIC PRIVATE PARTNERSHIP NEWS AGGREGATOR: Mexico - Upcoming stories

SCT publishes revised Punta Colonet bidding rules, Mexico

Slim’s Ideal Wins 4 Billion-Peso Mexico Highway Bid.Mexico

Goldman, ICA Sell 32% Stake in Toll Highway Company.Mexico

Mexico To Grant Road Contracts Worth MXN21.5 Billion By Year-End.Mexico

Global economic crisis causes at least four port concessions to fail, Mexico

ICA, SCT sign US$136mn concession agreement for La Piedad bypass, Mexico,

Mexico set to relaunch Farac II.Mexico

ICA wins US$133mn La Piedad bypass concession. Mexico

Mexican Govt Rejects Bids For Highway Concession As Too Low.Mexico

Mexican infrastructure: Funding fogs Farac