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Dam contract awarded. (New Business).


The nation's biggest construction company, ICA Ica (ē`kä), city (1993 pop. 108,724), capital of Ica dept., SW Peru, on the Pan-American Highway. It is a commercial center for the cotton, wool, and wine produced in the region. There are several summer resorts nearby. , was awarded the contract for the El Cajon El Cajon (ĕl kähōn`), city (1990 pop. 88,693), San Diego co., S Calif.; inc. 1912. Electronic equipment, aircraft parts, irrigation equipment, furniture, and men's suits are among its manufactures.  hydroelectric project in Nayarit, a deal worth a reported US$748 million.

ICA will lead a group to build what will be the largest public works public works
pl.n.
Construction projects, such as highways or dams, financed by public funds and constructed by a government for the benefit or use of the general public.

Noun 1.
 project during the Fox administration. The project, which will create an estimated 10,000 jobs, will be completed by late 2007, at which point ICA will sell the hydroelectric plant to the government.

The Federal Electricity Commission (CFE CFE Conventional Forces in Europe (treaty)
CFE Cash Flow to Equity (finance/accounting)
CFE Comisión Federal de Electricidad (México)
CFE Certified Fraud Examiner
) granted the contract after ICA came in with the lowest bid, beating out a group led by the Mexican unit of General Electric.
COPYRIGHT 2003 American Chamber of Commerce of Mexico A.C.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Mexico
Article Type:Brief Article
Geographic Code:1MEX
Date:Apr 1, 2003
Words:101
Previous Article:Art for a price. (New Business).
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