OHL Spanish Company Obtained $2 billion Pesos to Complete Work In the State Of Mexico

OHL obtained $2 billion pesos to complete work in the State of Mexico

15/12/2010 20:49


OHL Mexico, the operator of infrastructure with Spanish capital, obtained a $2 billion pesos loan from the National Infrastructure Fund (FNI) to complete construction of Phases I and II of the Circuito Exterior Mexiquense (Exterior Loop of the State of Mexico).

The loan has a term of 16 years, informed OHL Mexico, without disclosing the interest rate that will pay to FNI to use those funds.

The Circuito Exterior Mexiquense it comprised by a set of highways, with 155 kilometers in length, surrounding Mexico City in the northeast and connecting to three of the four main gateway highways to Mexico: Mexico-Puebla, Mexico-Pachuca and Mexico-Queretaro.

OHL Mexico has the concession to build and operate the loop until 2040. Currently it has 60 kilometers of highways in operation, while the infrastructure company has already built 44% of the total.
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