Irapuato-La Piedad road

completed

_x000C_The Irapuato-La Piedad project consists of the expansion, upgrading, operation and maintenance of a 74.3 km long road beginning in the junction of the Querétaro-Irapuato highway with the Irapuato-La Piedad road, and ending at km. 77 of the junction with the future bypass of La Piedad de Cabadas in the State of Guanajuato, in the Central part of Mexico. The Project will be developed pursuant to a 20-year Concession and a 20-year Services Contract entered into by and between the Mexican Ministry of Communications and Transportation (SCT) and Concesionaria Irapuato La Piedad, S.A. de C.V. (the Company) on September 12, 2005. The Company is a wholly-owned subsidiary of Ingenieros Civiles Asociados S.A. de C.V. (ICA), the largest construction company in Mexico. The Irapuato-La Piedad road is the first project awarded to the private sector under an innovative program for public private partnerships (PPS program) developed during the last three years by the Government of Mexico (GOM) for the provision of much needed infrastructure services.