Penon - Texcoco Toll Road
Sector: Government • Location: México, Mexico
Source: World Bank Group
The construction works on this 15.6 km toll road was concluded in 1994. Financing for the US$ 46.5 million (NP$ 145 million) was achieved with securities which are dollar-indexed and payable in pesos (the interest rate is 11% and they mature in 2009). The management fee constitutes 18% of the toll revenues but it is not currently being paid because it is subordinated to the debt services.
On No
- Status
- Prospective
- Sector
- Government, Road, Commercial
- Location
- México, Mexico
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency |
Status
Original status | Active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The construction works on this 15.6 km toll road was concluded in 1994. Financing for the US$ 46.5 million (NP$ 145 million) was achieved with securities which are dollar-indexed and payable in pesos (the interest rate is 11% and they mature in 2009). The management fee constitutes 18% of the toll revenues but it is not currently being paid because it is subordinated to the debt services. On November 28, 2003, the Federal Government modified the Concession in order to extend the term to 30 years counted from March 26, 1993. In the Stockholders’ General Regular and Extraordinary Meeting held on December 14, 2005, the name of “Grupo Tribasa, S. A. de C. V.” was replaced by “Promotora y Operadora de Infraestructura, S. A. de C. V.” In the Stockholders’ General Regular and Extraordinary Meeting held on December 22, 2006, the name of “Promotora y Operadora de Infraestructura, S. A. de C. V.” was replaced by “Promotora y Operadora de Infraestructura, S.A.B. de C.V.” |
Original sector | Transport |
Procurement method | |
Budget |
Location
Country | Mexico |
State | México |
Source
Source reliability | High |
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Government, Road, Commercial |
Article published date | 2023-02-20 |
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