Torreon-Saltillo Toll Road
Sector: Road • Location: Mexico
Source: World Bank Group
The 300-km toll road is operated by the Triciesa/ICA Consortium (Triciesa, owned by Tribasa - 80% - and CIESA - 20% - holds 49% of the concession company shares, while ICA holds 51%; CIESA was acquired by Tribasa in 1993). Financial closure was initially achieved as follows: 40% in equity and 60% in debt from Atlantico and Probursa. The performance below the expected level led the sponsor to face
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | cancelled |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The 300-km toll road is operated by the Triciesa/ICA Consortium (Triciesa, owned by Tribasa - 80% - and CIESA - 20% - holds 49% of the concession company shares, while ICA holds 51%; CIESA was acquired by Tribasa in 1993). Financial closure was initially achieved as follows: 40% in equity and 60% in debt from Atlantico and Probursa. The performance below the expected level led the sponsor to face financial problems; for this reason, in 1997, the Mexican government included this project in its "bail-out program" (the government agreed to pay the debt related to the project and the concessionaire will return to toll road to government operation by 1999). |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |