" Ole, amigos, let's go have a horchata and a churros in the Senate tacoteria....Viva Mexico."
Map of First Private Texas-Canada-Mexico Trade Corridor
Construction of Hway in Mexico
Bracewell & Giuliani Firm Advises Cintra in First Privatization of Toll Road in Texas
DALLAS (March 1, 2007) Bracewell & Giuliani LLP (Texas-based law firm with global connections) advised Cintra Concesiones de Infraestructuras de Transporte, S.A., a Spanish transportation company, in its successful bid to develop State Highway 121 into a toll road through Collin and Denton counties ("trade road" is four football fields wide).
The award to Cintra, approved by the Texas Transportation Commission, is the first privatization of a Texas toll road. Bracewell is acting as project counsel to Cintra with respect to the 50-year concession from the Texas Department of Transportation. Cintra will pay a $2.1 billion upfront and annual lease payments totaling $700 million. "Cintra was awarded this project because of its proven expertise and competitive proposal," said Thomas O. Moore, partner with Bracewell & Giuliani. "This is the largest transportation deal of 2007. This is one of only five deals in the country." http://www.freerepublic.com/focus/f-chat/1803916/posts