Mexican highway deal

Spanish construction firm 980 OHL presented an offer to operate the 56km Guadalajara-Colima motorway in Mexico for 12 years. The motorway is being heavily restructured, with the expansion of its four lanes. The first phase of these works has already been completed and investment to date has totalled US $54.81million. A further $263.66 million is being invested by 6536 Banobras on current works. All offers to operate the Guadalajara-Colima motorway were due for presentation by mid-September 2012. 5494 OHL Mexico has committed to an investment of $3.73 million in Mexico, with 360km of motorway in operation via Grupo Autopistas Nacionales, Autovias Concesionados de OHL, Autopista Urbana Norte, Concesionaria Mexiquense and Viaducto Bicentenario.