Project

EXPANSION, REHABILITATION, OPERATION, EXPLOITATION, CONSERVATION, AND MAINTENANCE OF THE COLIMA - ARMERÍA HIGHWAY, IN THE STATE OF COLIMA.

Sector: Transport


Last Revision

July 15, 2024
 
Short Name of the Project:
0948 Modernization of the Colima - Armería Highway
Type of Investment:
Greenfield
Subsector:
Highways / bridges
Asset (s):
 Highway 43.10 KM-A6 
Contract Currency:
Mexican Pesos MXN
Estimated Investment MXN:

5,096,529,499

Estimated Investment USD:

298,042,660

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

DESCRIPTION

The project involves the rehabilitation, operation, exploitation, conservation, and maintenance of the 43.1-kilometer-long Colima - Armería Highway, starting from kilometer 0+900 to kilometer 44+000. It includes:

(i) the construction of expansion works from 4 to 6 lanes of traffic (3 per direction) and the Toll Booth, over a 29.2-kilometer stretch starting from kilometer 14+000 to kilometer 43+200 of highways 110 and 200 of the Colima-Armería Highway, in the State of Colima,
(ii) the modification of the existing highway route in 7 sections of sharp curves,
(iii) the allocation of four hundred million pesos for the construction, maintenance, conservation, and/or expansion of Priority Road Infrastructure in the State of Colima, and
(iv) the allocation of the resulting amount from the modernization of works on State Highway 97 (Caleras-Madrid-Jala-Coquimatlán), including the completion of the Black Bridge construction, pavement in Jala (approximately one kilometer of a Type C road), and paving of Aguilar Street in the Municipal Head of Coquimatlán, Colima.

LEGAL AND FINANCIAL STRUCTURE

Type of Project
  Public / Private
Type of Contract
  State PPP
Term
30 years
Selection Process
Public Bid
Financing Sources
Private
100 %
MXN
5,096,529,499
USD
298,042,660
Payment Source
Project revenues / Rate
The main project’s source of payment are the toll fees collected by the concessionaire.

STATUS

Stage
  Execution
RELEVANT DATES
Request for proposals/Announcement May 10, 2024
Proposals Reception June 07, 2024
Ruling June 21, 2024
Contract Signing July 15, 2024
Execution/Construction Starting Date July 15, 2024
Operation Starting Date May 15, 2026
Contractor
Grupo Concesionario de México y Promotora y Operadora de Infraestructura  
Major Contractor’s Shareholders
Promotora y Operadora de Infraestructura

GEOLOCATION

State(s)
Colima   

SPONSOR

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Entity
State Government
Department
Gobierno del Estado de Colima
Secretaría de Infraestructura, Desarrollo Urbano y Movilidad

SUSTAINABLE INFORMATION

PROJECT’S SUSTAINABILITY SUMMARY

Rehabilitation, operation, exploitation, conservation, and maintenance of the Colima-Armería Highway, spanning 43.1 kilometers, through a PPP contract. The project aims to develop agile, efficient, safe, comfortable, and environmentally friendly road infrastructure, contributing to the region's competitiveness by enabling an efficient and secure connection for the transportation of people and goods.

* This summary was prepared based on the methodological framework defined by the Inter-American Development Bank (IDB) in the document entitled: “Attributes and Framework for Sustainable Infrastructure”, which is You can check Here.

Additionally, a brief explanation of the methodology and a summary of the questions applied can be consulted in this Document.

ADDITIONAL INFORMATION

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Source
Diario Oficial de la Federación
Description
A Constitutional Government of the United Mexican States Body, which has the function of publishing in the national territory: laws, regulations, agreements, circulars, orders and other acts issued by the powers of the Federation.
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Source
Mexican Stock Exchange

REMARKS

The investment amount does not include VAT.
The project originates from the submission of the unsolicited proposal by the company Grupo Concesionario de México, S.A. de C.V., through a letter dated April 5, 2024.

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