At least 13 consortiums will tender to build and operate a tunnel and toll highway in Mexico’s Guerrero state capital Acapulco, said State Cabinet Chief Carlos Mateo Aguirre, at a Mexican infrastructure summit today, Wednesday, February 15.
Consortiums that have expressed an interest so far include Spanish companies such as OHL and Aldesa, and Mexican infrastructure companies IDEAL (BMV: IDEAL), ICA (BMV, NYSE: ICA), Omega, Prisma and GMD (BMV: GMD).
Bids are due in May and the project should be awarded during July. Construction is scheduled to start this September and wrap up within the next two years, Aguirre said.
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The urban tollroad, called Escénica Alterna, will form the access road to Acapulco de Juárez municipality, including a 3.3km tunnel and a 4.7km road to connect it with the Zona Diamante area. The 20-year concession also includes the construction and operation of three bypass roads.
The project requires an estimated investment of 2.6bn pesos (US$204mn), which will be partly funded through national infrastructure fund Fonadin. Construction should create 850 direct jobs, Mateo said.