ICA Signs Ps. 2,985 Million Agreement for Upgrading and Maintaining Federal Highways in Sonora
Empresas ICA, S.A.B. de C.V. (NYSE: ICA) signed a multi-year agreement for the upgrading and maintenance of 797.4 km of federal highways in the state of Sonora with the Ministry of Communications and Transportation (SCT). The public works contract was awarded through an international bidding process.
The total value of the seven-year contract, which includes upgrading, maintenance and conservation services, is Ps. 2,985 million and will be included in ICA´s backlog during the second quarter of 2012.
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