Project

CONSTRUCTION, EQUIPMENT AND OPERATION OF THE LERMA – SANTIAGO TIANGUISTENCO HIGHWAY AND THE TENANGO DEL VALLE BRANCH, IN THE STATE OF MEXICO.

Sector: Transport


Last Revision

December 04, 2023
 
Short Name of the Project:
0815 Lerma – Santiago Tianguistenco Highway and Tenango del Valle Branch
Type of Investment:
Brownfield
Subsector:
Highways / bridges
Asset (s):
 Highway 28.08 KM 
Contract Currency:
Mexican Pesos MXN
Estimated Investment MXN:

2,559,850,716

Estimated Investment USD:

149,698,872

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,  Equipment,  Operation

DESCRIPTION

The project consists of the construction, equipment and operation of the Lerma - Santiago highway in two stages:

First stage: 20.75 km road section with 2 lanes (1 in each direction with shoulder to allow overtaking), to connect the Mexico - Toluca highway and the Ruta de la Independencia Bicentenario bypass with the Tenango - Ixtapan de la Sal highway. It includes the Tenango del Valle branch.
Second stage: 7.3 km starting from the branch to Tenango in the direction of Ocuilan.

The State of Mexico calls it "First Green Highway", for the number of actions that are carried out to improve the environment in the adjacent areas along its route.

(*) 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
  State Concession
Term
52 years
Selection Process
Public Bid
Financing Sources
Private
100 %
MXN
2,559,850,716
USD
149,698,872
Payment Source
Project revenues / Rate
The main source of payment are the tolls collected by the concessionaire.

STATUS

Stage
  Operation
Substage
  > 5 years of operation
RELEVANT DATES
Request for proposals/Announcement May 21, 2004
Proposals Reception August 09, 2004
Ruling October 05, 2004
Contract Signing November 29, 2004
Execution/Construction Starting Date April 04, 2006
Operation Starting Date August 17, 2011
Term of the Contract 2056
Contractor
Concesionaria Lerma Santiago  
Major Contractor’s Shareholders
Grupo Hermes

GEOLOCATION

State(s)
State of Mexico   

SPONSOR

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Entity
State Government
Department
Sistema de Autopistas, Aeropuertos, Servicios Conexos y Auxiliares del Estado de México

SUSTAINABLE INFORMATION

PROJECT’S SUSTAINABILITY SUMMARY

The highway represents road infrastructure that will boost the development of the country. This project considers a campaign to recycle waste, and training regarding flora and fauna management, as well as initiatives that promote the good health of its workers through a health and environmental management policy.

* 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
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
15EM2007V0043
Permits

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