Image credits: Sergio Mena Ferreira
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News Article

Grupo HYCSA to Develop Texcoco Ecological Park Facilities

By Fernando Mares | Mon, 05/23/2022 - 17:22

Grupo HYCSA, a distinguished infrastructure developer in Mexico and Latin America, will participate in the construction of facilities for the Ecologic Project of Texcoco Lake, a park proposed by the federal government to exploit the remainder of what was once meant to become the Mexico City Texcoco Airport, locally known as the New Mexico City International Airport (NAICM).

 

Past Apr. 13, 2022, the National Water Commission (CONAGUA) granted contracts to Calzada Contrucciones and Dragados del Sureste, both HYCSA subsidiaries, to develop the Parque Norte Phase III of the Texcoco Lake Project. The contract is valued at approximately US$22.5 million. 

 

According to the company, the project consists of providing the equipment for public spaces and sports areas, which include bathrooms and locker rooms, as well as walking paths and other pedestrian areas. The project must be completed in 623 business days.

 

Hycsa competed with five other economic and their technical proposals, though only three of them were considered technically viable. In the final phase, where the companies’ finance were evaluated, only the proposals of HYCSA and Grupo Rellca remained. According to the documentation of the selection process, CONAGUA chose HYCSA because of its score of 95.6 points against the 95.2 of Rellca. The other companies that presented proposals are Contratista General de America Latina, La Peninsula Compañia Constructora con Alcance Total, Ozone Ecological Equipments and Prodemex. 

 

On Mar. 22, 2022, a day after the inauguration of the Felipe Angeles International Airport (AIFA), the government issued a decree to turn the Texcoco Lake into a protected nature reserve. Under the decree, the area of more than 14,000ha can only be used for activities related to research, environmental education and recreation. For this purpose, President López Obrador announced an investment of over US$200 million for the transformation of the NAICM construction site into an ecological park that will house a CONAGUA research center. The project is expected to be finished in 2023. 

 

“The main works include sports and cultural facilities like entrances and roads, the restoration of the Nabor Carrillo lake and San Juan swamp, works in the upper basin as well as in the Xalapango and Texcoco Norte lagoons,” said Iñaki Echeverría, the ecological project’s coordinator. 

 

Other important companies involved in the project are ICA, which won a contract for over US$5 million in June 2020, and GAMI Ingenieria e Instalaciones, which won a contract part of works worth over US$ 1 billion earlier this year.

The data used in this article was sourced from:  
Bloomberg Linea, BMV, MBN
Photo by:   Sergio Mena Ferreira
Fernando Mares Fernando Mares Junior Journalist and Industry Analyst