Arriaga - Huixtla Toll Road

Cancelled

The concessionaire was responsible for the construction and maintenance of the toll road linking Arriaga to Huixtla. Autopistas Concessionadas de Chiapas has its ownership structure as follows: Autopista del Pacifico holds 40%, Iconsa and Constructora y Edificadora Mexicana hold 15% each, Perez Gil y Associados holds 12% and the remaining shares are divided among three other sponsors. Financial closure for the US$ 213.7 million project (US$ 220.1 million, 1993 value) was initially achieved as follows: 20% as private sponsors' equity; 30% as state government equity; 50% as debt provided by Atlantico and Mexival. According to the information obtained from the Mexican regulatory agency, the concession contract was cancelled in 1996.