Mexican PPP highways face construction delays

Delays are affecting a series of PPP road projects in Mexico.
February 29, 2012 Read time: 1 min
Delays are affecting a series of PPP road projects in Mexico. Financial issues have been identified as the cause of the delays, most of which are in excess of 12 months. The PPP highways from Barranca Larga-Ventanilla in Oaxaca state, Perote-Banderilla and bypasses around the cities of Chihuahua, Xalapa, La Piedad and Culiacan are all affected by delays. The Barranca Larga-Ventanilla PPP project in Oaxaca state is delayed as the concessionaire Grupo Omega is still in the process of completing its funding for the work.

Related Content

May 22, 2012

Mexican work delayed

The commencement of work on a key road project in Mexico that will link Oaxaca and Puerto Escondido has now been delayed for 30 months. The project is expected to cost US$318 million to build and the construction work will start in January 2012. Once the highway is complete it will reduce the journey time between Oaxaca and Puerto Escondido from the current 6-7 hours to just 2-2.5 hours. Omega has awarded the work to contractor ICA. Delays with the project have been a result of Omega having difficulties in
boombox1

Highlighted Content

boombox2