Project

CONSTRUCTION, EQUIPMENT, AND OPERATION OF A CULTURAL SITE LOCATED IN TEXCOCO, STATE OF MEXICO.

Sector: Social Infrastructure


Last Revision

March 04, 2024
Short Name of the Project:
0789 East State of Mexico Cultural Center
Type of Investment:
Brownfield
Subsector:
Culture and Leisure
Asset (s):
 Building 40,000 m2 
Contract Currency:
Mexican Pesos MXN
Estimated Investment MXN:

838,800,000

Estimated Investment USD:

49,052,631

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

DESCRIPTION

The project includes a construction of approximately 40,000 m2, distributed in several buildings:

- An auditorium with a capacity of 260 seats
- Closed and open theatres, with a capacity of 1,200 and 800 seats, respectively
- A library for 50,000 books
- Several museum areas
- A central plaza
Included in a listed vehicle

LEGAL AND FINANCIAL STRUCTURE

Type of Project
  Public / Private
Type of Contract
  Provision of services
Term
21 years
Selection Process
International Open Tender
Payment Source
Budgetary
Payment for this project will be done on a preferred basis from the current expenditure of the budget approved to the Mexican Culture Institute (Instituto Mexiquense de Cultura).

STATUS

Stage
  Operation
Substage
  > 5 years of operation
RELEVANT DATES
Request for proposals/Announcement August 12, 2008
Proposals Reception March 05, 2009
Ruling April 28, 2009
Operation Starting Date January 2011
Term of the Contract June 2030
Contractor
CONCECUTEX  
Major Contractor’s Shareholders
Abengoa, INABENSA

GEOLOCATION

State(s)
State of Mexico   

SPONSOR

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Entity
State Government
Department
Secretaría de Cultura y Turismo

SUSTAINABLE INFORMATION

PROJECT’S SUSTAINABILITY SUMMARY

The project serves as a recreational facility for the benefit of the population because it fosters culture and various expressions and artistic activities in the municipalities of the eastern region of the State of Mexico.

* 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
State Government
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Source
Social Witness
Description
Figure who oversees that throughout a bidding procedure the current law is complied with, as a mechanism to strengthen transparency and minimize risks of opacity and corruption in government contracting.
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Source
Concessionaire / Related Company

REMARKS

Now known as Bicentennial Mexiquense Cultural Center (Centro Cultural Mexiquense Bicentenario)

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