Manufacturing Industry
MEXICO: Construction contract awards for planned $130,000,000 construction projects, EMPRESAS ICA SOCIEDAD CONTROLADORA S.A. DE C.V. [Mexico] Order #: 042406.
WWP-Report on Engineering Construct & Plant Operations in the Developing World, April, 2006
PROJECT OVERVIEW:
The local EMPRESAS ICA SOCIEDAD CONTROLADORA S.A. DE C.V. was recently awarded a couple of construction contracts valued at a total of $130,00,000.
One contract, awarded by the government of Mexico, will involve the refurbishment of the Irapuato-La Piedad expressway in the state of Guanajuato. In so doing, the federal government will pay ICA to upgrade the toll-free highway over a 20-year period. The cost to complete the project has been pegged at $68,000,000.
Another $62,000,000 contract calls for the: - Repair of facilities at Mexico's international airport; - Restoration of 2,100 rooms in hotels managed by Palace Resort in Cancun that suffered damages as a result of the Wilma Hurricane.
ICA employs a total...
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