Puerto Rico deals

The authorities in Puerto Rico awarded a contract to a consortium for two toll roads under a 40 year deal. The joint venture partnership comprises Spanish firm Abertis and Goldman Sachs' GS Global Infrastructure Partners II. The deal concerns the 83km PR22 road and the 8km PR5 road. The PR22 link is a major route with up to 10 lanes at its widest point while the urban PR5 road runs from PR22 to the western suburbs of San Juan.
April 19, 2012 Read time: 2 mins
RSSThe authorities in Puerto Rico awarded a contract to a consortium for two toll roads under a 40 year deal. The joint venture partnership comprises Spanish firm Abertis and 5029 Goldman Sachs' GS Global Infrastructure Partners II. The deal concerns the 83km PR22 road and the 8km PR5 road. The PR22 link is a major route with up to 10 lanes at its widest point while the urban PR5 road runs from PR22 to the western suburbs of San Juan. However further deals are in hand in Puerto Rico and the authorities intend to award three further road lease deals in due course. The next package will be for the PR52 and PR20 roads and the third for toll roads in the eastern part of Puerto Rico. The fourth concession will be for a new-build highway project and involve a construct and operate contract for an extension of the existing PR22 highway.
Charging, Tolling & RUC

For more information on companies in this article

Related Content

  • Kapsch sets course for higher profitability
    February 26, 2015
    Kapsch TrafficCom experienced stable business development in the first three quarters of 2014/2015 with existing installation and operation projects. The Group was also able to obtain a number of new orders in Australia during the third quarter, although new major orders, upon which the innovation and growth plans are based, remained elusive due to the lack of corresponding invitations to tender. Revenue of the Group during the first three quarters of the 2014/15 fiscal year was US$283.5 million, slightly b
    Read More
  • Reauthorization 2012: the facts laid bare
    September 12, 2012
    A reauthorization bill for transportation came into law in July 2012, rubber stamping federal funding increases through the 2014 financial year, among other things. The new bill presents the good, the bad and the ugly of transportation infrastructure in the US, writes Pat Jones On June 29 this year, the US House of Representatives and Senate both approved the conference report on the ‘Moving Ahead for Progress in the 21st Century Act’ or MAP-21. President Obama signed this legislation into law on July 6.
    Read More
  • Brazil-Spain group could lose highway contract
    April 10, 2015
    An engineering consortium made up of Brazil's Mendes Junior and Spain's Isolux Corsán could be stripped of its US$208 million contract to build part of the northern stretch of the Mario Covas beltway surrounding the city of São Paulo. The consortium, led by Mendes Junior, is having difficulty honouring commitments due to a lack of cash flow and, according to São Paulo state highway company Dersa, it is not completing works according to the contract schedule signed in January 2013, local paper Folha de Sã
    Read More
  • Further motorway construction win for Strabag in Poland
    March 7, 2016
    Construction group Strabag has been awarded a contract to build a further section of the A1 motorway in Poland. Following the award of the construction of the Woźniki–Pyrzowice section, the group will now build the 16.7 km long stretch between the Zawodzie Junction and Woźniki Junction. The project, which has a value of US$118 million (€108 million), is expected to be opened to traffic in the second half of 2019.
    Read More

Highlighted Content