A construction and engineering company owned by Mexican billionaire Carlos Slim has given Spain's Indra a contract worth 300 million pesos (about $21 million) to install traffic management and highway tolling systems.

Impulsora del Desarrollo y el Empleo en America Latina, or IDEAL, awarded Indra "the contract for implementing its technology in the three motorways that make up what is known as Mexico's 'South Pacific Package'" and covers "the Guadalajara-Tepic motorways and the beltways of both cities," the Spanish company said in a statement.

The contract calls for the installation of intelligent traffic management systems, as well as tolling and electronic tolling systems, on the highways, Indra, a leading provider of technology products in Europe and Latin America, said in a statement.

The deal bolsters Indra's "solid presence in Mexico's Transport and Traffic market, where nearly 90 percent of investments made in new concessioned road infrastructures use the company's technology," the Spanish company said.

The "intelligent traffic control technology will allow the centralized, efficient and flexible management and monitoring of the three motorways, facilitating operations in a predictive manner and also programming demand in real time," Indra said.

The systems will detect and recognize vehicles, collecting traffic data, as well as detecting violations.

The toll roads will have closed circuit television, or CCTV, weather stations and emergency telephone systems, among other features, Indra said.

"These intelligent traffic systems (ITS) will facilitate the constant monitoring of motorway flow conditions, incident control and automated alarms for faster and more efficient responses. They will also provide drivers with information in real time about traffic data, travel times, suggestions or weather information, which will result in increased travel safety, among other benefits," Indra said.

The 186-kilometer (116-mile) Guadalajara-Tepic toll road is expected to start operating in late 2012, while the beltways in the two cities are projected to open about a year later, the Spanish company said. EFE