[Publicidad]
Mexican construction firm ICA expects to sell assets next year for 5 billion pesos (US$317.99 million) as part of an effort to reduce its heavy debt load, Chief Executive Officer Alonso Quintana said in an interview.
Quintana also said late on Thursday that the company aims to lower its ratio of net debt to earnings before interest, taxes, depreciation and amortization (EBITDA) to 6 this year from around 7 currently.
Quintana was optimistic about the prospects for a controversial aqueduct project awarded to a consortium including ICA in the northern state of Nuevo León, which the governor-elect has promised to cancel.
Quintana said he hopes to smooth things over with the incoming Nuevo León administration and begin construction of the project in January, 2016.
[Publicidad]
Más información
Universal Deportes
VIDEO: Orbelín Pineda se estrena como goleador con Rayados en la Liga MX
Tendencias
¿Cuáles son los beneficios de incluir frutos rojos en la alimentación?; conoce su aportación a la salud
Mundo
Gobierno de De la Espriella ajusta cifra de víctimas de terremoto en Colombia; reporta 289 muertos y 143 desaparecidos
Tendencias
Esposa de José Ramón López Beltrán comparte fotos en Disneylandia; "que sus actos hablen más fuerte que cualquier mentira"