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Tuneles Concesionados de Acapulco

Sector: Road • Location: Mexico

Source: World Bank Group

Project
Active

Tuneles Concesionads de Acapulco (TUCA) was awarded the contract to build and operate the Acapulco Tunnel in Jul. 1994. The tunnel has been operational since Nov. 1996. It cuts through the mountains above the tourist resort of Acapulco to provide faster access to the downtown area. The average daily traffic flow is 4,700 vehicles. TUCA is a subsidiary of Maxpistas, a company wholly-owned by the Me

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The project “Tuneles Concesionados de Acapulco” is an infrastructure initiative in the Road sector, located in Mexico. Taiyo aggregates data on it from World Bank Group.

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Description

Description

Tuneles Concesionads de Acapulco (TUCA) was awarded the contract to build and operate the Acapulco Tunnel in Jul. 1994. The tunnel has been operational since Nov. 1996. It cuts through the mountains above the tourist resort of Acapulco to provide faster access to the downtown area. The average daily traffic flow is 4,700 vehicles. TUCA is a subsidiary of Maxpistas, a company wholly-owned by the Mexican construction company ICA. A total of US$ 112.7 million was invested in the infrastructure works. In 2001, BBVA-Bancomer issued US$ 18 million in securities to refinance part of the debt backing the Acapulco Tunnel concession. None None

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High

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