Project

CONSTRUCTION, OPERATION, MAINTENANCE, CONSERVATION AND EXPLOITATION OF THE MORELIA AND the URUAPAN BYPASSES, AND PATZCUARO-URUAPAN-LAZARO CARDENAS TOLL HIGHWAY, Michoacan PACKAge, IN THE STATE OF MICHOACAN.

Sector: Transport


Last Revision

August 21, 2024
 
Short Name of the Project:
0130 Morelia and Uruapan Bypasses and Patzcuaro-Uruapan-Lazaro Cardenas Highway
Type of Investment:
Brownfield
Subsector:
Highways / bridges
Asset (s):
 Highway 361.30 KM 
Contract Currency:
Mexican Pesos MXN
Estimated Investment MXN:

10,441,000,000

Estimated Investment USD:

610,584,795

Banobras, Fonadin involvement Banobras/Fonadin involvement

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 (March 30, 2012). Construct, operate, maintain, conserve and exploit, the 64.1 km long Morelia bypass, the 25.2 km long Uruapan bypass and the 272 km long Patzcuaro-Uruapan-Lazaro Cardenas toll highway and modernization works associated to it (Paquete Carretero Michoacan). The concession includes the right-of-way, works, constructions and other goods and accessories.

(*) Project with Banobras and/or National Infrastructure Fund (Fonadin) involvement or support.
Included in a listed vehicle

LEGAL AND FINANCIAL STRUCTURE

Type of Project
  Public / Private
Type of Contract
  Concession
Term
30 years
Selection Process
International Open Tender
Financing Sources
Private
79.9 %
MXN
8,342,359,000
USD
487,857,251
FONADIN
20.1 %
MXN
2,098,641,000
USD
122,727,544
Payment Source
Project revenues / Rate
The project’s main source of payment are the toll fees collected by the concessionaire.

STATUS

Stage
  Operation
Substage
  < 5 years of operation
RELEVANT DATES
Request for proposals/Announcement May 13, 2010
Ruling December 16, 2011
Contract Signing March 30, 2012
Execution/Construction Starting Date January 13, 2013
Term of the Contract March 29, 2042
Contractor
Concesionaria de Autopistas de Michoacán  
Major Contractor’s Shareholders
Promotora y Operadora de Infraestructura

GEOLOCATION

State(s)
Michoacan   

The georeferenced map of this highway is approximate, considering the start and end points included in the concession titles and the National Road Network, using the Geospatial Information System (SIG for its acronym in Spanish), of the National Agrarian Registry. This link is published under the Terms and Conditions of this site.

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

SUSTAINABLE INFORMATION

PROJECT’S SUSTAINABILITY SUMMARY

The project's aim is to safely expedite circulation in the Pátzcuaro-Uruapan-Lázaro Cárdenas corridor and in the cities of Morelia and Uruapan, through high-specification infrastructure, allowing commercial, social, and economic development by saving time and reducing traffic congestion.

* 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
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
Fonadin
Description
National Infrastructure Fund that supports the development of communications, transport, water, environmental and tourism sectors by providing grants, venture capital, subordinated debt, credit and guarantees for the design and execution of high impact infrastructure projects.
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Source
Secretaría de Medio Ambiente y Recursos Naturales
Description
Federal government entity and sectorial authority responsible for establishing the necessary criteria and instruments to guarantee the protection, preservation, and use of natural resources, by developing an environmental policy that ensures sustainable growth.
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Source
Concessionaire / Related Company
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Source
Mexican Stock Exchange

MULTIMEDIA

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REMARKS

On November 17, 2023, the expansion from 2 to 4 lanes of the Uruapan-Nueva Italia section of the Uruapan-Lázaro Cárdenas highway began.

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