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Cadereyta-Reynosa Toll Road

Sector: Road • Location: Mexico

Source: World Bank Group

Project
Cancelled

The construction of the toll road started in Aug. 1990 and was completed in Feb. 1993. The estimated traffic volume daily was 3,115 vehicles, but the actual volume as lower. Financial closure was initially achieved as follows: 20% in equity; 80% in debt from BANOBRAS (state owned bank). This project was turned back to the government in the end of 1997 (among other 22 projects), because its perform

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The project “Cadereyta-Reynosa Toll Road” is an infrastructure initiative in the Road sector, located in Mexico. Taiyo aggregates data on it from World Bank Group.

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Participants

Sponsoring Agency

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Company

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Status

Original status

cancelled

Taiyo status

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Taiyo last update

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Available timestamps

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Contact

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Phone

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Email

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Address

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Description

Description

The construction of the toll road started in Aug. 1990 and was completed in Feb. 1993. The estimated traffic volume daily was 3,115 vehicles, but the actual volume as lower. Financial closure was initially achieved as follows: 20% in equity; 80% in debt from BANOBRAS (state owned bank). This project was turned back to the government in the end of 1997 (among other 22 projects), because its performance was well below the estimated; the Mexican government agreed to pay the sponsor's debt related to the project and the concessionaire agreed to turn the operations to the government in 1999. (Note: all values were converted to 1990 values from their original 1993 values.)

Original sub-sector

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Original Currency

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Original budget

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Procurement method

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Budget

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Location

Region

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State

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County

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

Project Type

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Article Published Date

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