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Non-Tech : GTR Groupo triebasa.. Look at the chart.. A winner

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To: Dorothy Simpson who wrote (19)3/17/1997 12:26:00 PM
From: JEFF LECHOWICZ   of 214
 
AP-Dow Jones News Service -- March 17, 1997
Mexico Tribasa Gets Chile Pan-American Road Contract

SANTIAGO (AP-Dow Jones)--Mexico's Tribasa SA (E.GTR) won the bidding to improve and
operate a 161-kilometer stretch of the Pan American Highway in southern Chile, a Ministry of
Public Works official said Monday.

Alejandro Magni, chief executive of Tribasa Chile, said the company will invest $250 million in the
highway.

The government previously said it would award the concession to the company offering the longest
contract term with the lowest tolls. Tribasa's bid was for a 22-year concession with a maximum
toll of 1,000 pesos to cover the entire 161-kilometer route.

Tribasa must now present the Ministry of Public Works its specific plans for improving the
highway, which connects the cities of Chillan and Collipulli.
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