Project

CONSTRUCTION, OPERATION, MAINTENANCE, CONSERVATION AND EXPLOITATION OF THE ECATEPEC-PIRAMIDES HIGHWAY AND ECATEPEC-PEÑON SECTION, IN THE STATE OF MEXICO and mexico city.

Sector: Transport


Last Revision

June 03, 2024
 
Short Name of the Project:
0088 Ecatepec-Piramides Highway and Ecatepec-Peñon Section
Type of Investment:
Brownfield
Subsector:
Highways / bridges
Asset (s):
 Highway 44.40 KM 
Contract Currency:
Mexican Pesos MXN
Estimated Investment MXN:

N.A.

Estimated Investment USD:

N.A.

Exchange rate (USD/MXN) used by the Ministry of Finance for the economic plan 2024: $ 17.1
Contract Scope:
  Construction,  Operation,  Maintenance,  Conservation,  Exploitation

DESCRIPTION

ORIGINAL CONCESSION (Jan. 25, 1991). Build, operate, exploit, conserve and maintain the 22.2 km long Ecatepec-Piramides toll highway in the State of Mexico. The term of the concession is 3 years 11 months.
FIRST ADDENDUM (Dec. 17, 1992). The term of the concession is extended to 19 years starting from 12/17/1992.
SECOND MODIFICATION (July 07, 2006). The term of the concession is extended to 30 years. The concessionaire transferred its rights and obligations derived from the concession in favor of Concesión "Ecatepec Pirámides".
THIRD MODIFICATION (Mar. 31, 2009). The construction, operation, exploitation, conservation and maintenance of a road section of up to 22.2 km in length of the Ecatepec-Peñón highway is added.
FOURTH MODIFICATION (Nov. 19, 2010). The possibility of increasing the validity of the concession is established in order to recover the investments made by the concessionaire.
FIFTH MODIFICATION (Feb. 25, 2011). The term of the concession is 30 years, which may be extended up to 30 more years.
SIXTH MODIFICATION (June 20, 2016). The concession is renewed: I) build, operate, exploit, conserve and maintain one direction of the 22.2 km long Ecatepec-Piramides toll highway; ii) exploit, operate and conserve, the other direction of the 22.2 km long Ecatepec-Piramides toll highway; iii) build, operate, exploit, conserve and maintain the 17 km long Ecatepec-Peñon toll highway, an extension of the Ecatepec-Pirámides toll highway, connecting with the Peñon-Texcoco toll highway.; iv) build, operate, exploit, conserve and maintain the 5.2 km long road, from Peñon-Texcoco, at Periferico, along 602 Avenue until its intersection with Oceania Avenue and possible connections with the Mexico City New International Airport.
Included in a listed vehicle

LEGAL AND FINANCIAL STRUCTURE

Type of Project
  Public / Private
Type of Contract
  Concession
Term
60 years
Selection Process
Public Bid
Payment Source
Project revenues / Rate
The main project´s source of payment are the toll fees collected by the concessionaire.

STATUS

Stage
  Operation
Substage
  > 5 years of operation
RELEVANT DATES
Contract Signing January 25, 1991
Term of the Contract January 25, 2051
Contractor
Promotora de Carreteras Ecatepec Pirámides  
Major Contractor’s Shareholders
Promotora y Operadora de Infraestructura

GEOLOCATION

State(s)
State of Mexico, Mexico City   

SPONSOR

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Entity
Secretaría de Infraestructura, Comunicaciones y Transportes
Department
Dirección General de Desarrollo Carretero
Contact
Fernando Palma Soto / Director General Adjunto de Seguimiento de Concesiones de Autopistas
E-mail
fpalmaso@sct.gob.mx

ADDITIONAL INFORMATION

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Source
Secretaría de Infraestructura, Comunicaciones y Transportes
Description
Federal Government entity responsible for promoting adequate transport and communications networks to contribute to services accessibility, and cope with globalization trends.
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Source
Concessionaire / Related Company
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Source
Mexican Stock Exchange

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