Financing proposals advance for the second peripheral ring in Morelia

Home Safety Financing proposals advance for the second peripheral ring in Morelia

Morelia, Michoacán. – Governor Alfredo Ramírez Bedolla, met with executives of the Mexican company Grupo INDI to advance financing proposals for the construction of the second peripheral ring in Morelia, they reported through a statement.
At the meeting, which was also attended by the secretaries of Communications and Public Works (SCOP), Rogelio Zarazúa Sánchez, and Urban Development and Mobility, Gladyz Butanda Macías, the president was presented with the investment projects for the infrastructure contemplated in the multi-year public works package.
The representatives of Grupo INDI explained that for segment 1 of almost 14 kilometers in length of the second peripheral circuit, models of contracting works with services for the release of the right of way and financial mechanisms were designed.
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They explained that an investment of 995 million pesos is estimated in work and up to 120 million for the right to release the road, so the governor commented on the importance of moving forward with the proposals and having preliminary projects of the other segments considered for the second peripheral ring.

Original source in Spanish