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Maravatio-Zapotlanejo Toll Road

Sector: Road • Location: Mexico

Source: World Bank Group

Project
Cancelled

The project company ownership is distributed as follows: ICA has 35%; Tribasa and Grupo Mexicano de Desarrollo have 25% each. Financial closure was initially achieved as follows: 30% in equity from the private sponsors and 70% in debt from Nafin, Atlantico and other financial institutions. This project has been selected to be turned over to the government in 1999: the sponsors difficulties in hono

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The project “Maravatio-Zapotlanejo 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

Contact name

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Phone

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Email

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Address

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Description

Description

The project company ownership is distributed as follows: ICA has 35%; Tribasa and Grupo Mexicano de Desarrollo have 25% each. Financial closure was initially achieved as follows: 30% in equity from the private sponsors and 70% in debt from Nafin, Atlantico and other financial institutions. This project has been selected to be turned over to the government in 1999: the sponsors difficulties in honoring the project related debt led to the establishment of an agreement in the end of 1997 in which the government will pay the sponsors' debt in exchange for the concession rights (the government will start operating the road in 1999).

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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Country

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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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