BACK TO PIPELINE
Project

DESIGN, CONSTRUCTION, OPERATION, MAINTENANCE, CONSERVATION AND EXPLOITATION OF THE HIGHWAY SECTION "LAS VARAS-PUERTO VALLARTA" IN THE STATES OF JALISCO AND NAYARIT.

Sector: Transport


Last Revision

October 24, 2024
 
Short Name of the Project:
0693 Las Varas- Puerto Vallarta Highway Section
Type of Investment:
Greenfield
Subsector:
Highways / bridges
Asset (s):
 Highway 90 KM-A2 
Contract Currency:
Mexican Pesos MXN
Estimated Investment MXN:

7,215,925,973

Estimated Investment USD:

421,983,975

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:
  Design,  Construction,  Operation,  Maintenance,  Conservation,  Exploitation
DISPLAY ALL

DESCRIPTION
High specification highway type A2, "Tepic-Puerto Vallarta, on the stretch Las Varas-Puerto Vallarta" starting at km 680 + 103,513 and ending in the airport connection at km 763 + 031.024 with a total length in the trunk road of 83.614271 km and with 6,678 additional km of road branches (5,449 km of the Airport Branch and 1,229 km of the Branch Km 692). In addition to seven junctions corresponding to six overpasses with their respective structures and a ground level one. The total length is 90.29 km.

LEGAL AND FINANCIAL STRUCTURE
Type of Project
  Public / Private
Type of Contract
  Federal PPP
Term
30 years
Selection Process
Public Bid
Details
Financing Sources
Federal
19.4 %
MXN
1,399,889,639
USD
81,864,891
Private
80.6 %
MXN
5,816,036,334
USD
340,119,084
Payment Source
Project revenues / Rate
The project’s main source of payment are the toll fees collected by the concessionaire.

STATUS
Stage
  Execution
RELEVANT DATES
Ministry of Finance Registration or equivalent June 30, 2011
Request for proposals/Announcement December 17, 2015
Proposals Reception March 29, 2016
Ruling May 03, 2016
Contract Signing June 23, 2016
Execution/Construction Starting Date August 24, 2016
Operation Starting Date April 30, 2025
Term of the Contract June 22, 2046
Contractor
Concesionaria Autopista Las Varas - Puerto Vallarta  
Major Contractor’s Shareholders
IDEAL

GEOLOCATION
State(s)
Jalisco, Nayarit   

SPONSOR
Responsive image
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
WebsiteInstitutional Arrangement

SUSTAINABLE INFORMATION
imagen sostentabilidad
Sustainability Datasheet

PROJECT’S SUSTAINABILITY SUMMARY

The Project includes the design, construction, operation, maintenance, conservation and exploitation of the highway section from Las Varas to Puerto Vallarta. In addition to connecting to the airport, the Project will reduce travel times, fuel costs and the corresponding reduction in environmental impact due to vehicle use.

* 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.

DOCUMENTS USED:

ADDITIONAL INFORMATION
Responsive image
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.
Concession title
 Signed contract
 1st Title modification
 Road Data
Responsive image
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.
Website
Responsive image
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.
ID
18NA2022V0022
Permits KM 136+600 al KM. 142+741
Responsive image
Source
Mexican Stock Exchange
Listed Company

MULTIMEDIA

REMARKS
In December 2021 a first section of the Las Varas-Puerto Vallarta highway began operations and in March 2023 a second section, totaling 54.4 kilometers in operation.

This project has Fonadin participation through the following:
-Financial Support Agreement of October 30, 2017 for 1,400 million pesos as a subsidy. On June 5, 2023, the entire Subsidy was provided.
-Subordinated Credit Agreement with FONADIN signed in March 2020 for 1,427 million pesos. On January 17, 2023, the Concessionaire prepaid the amount of 1,887 million pesos, corresponding to the amount owed for full payment of the principal, interest, and VAT of said interest, in terms of the Subordinated Credit contract.
0672 CFE: Gasoducto Ramal Topolobampo 0699 CENACE: 3a Subasta Eléctrica de Largo Plazo (SLP-01/2017) Bacabachi I

Follow the Project

Leave your e-mail to receive updates on this Project.

 I have read and I accept the Privacy Notice