Mexico allocates US$1.01bn for road works outside Mexico City in 2013

A total of US$1.01 billion (MXN 12.91bn) will be allocated from Mexico’s 2013 federal budget for 783 road work projects across 31 states. Chiapas will receive the largest amount at $73.64 million (MXN 940mn) for 64 projects-; followed by Guerrero’s $69.8 million (MXN 891mn) - and Hidalgo $63.92 million (MXN 816mn). The road work projects do not include any works planned for Mexico City.
January 4, 2013 Read time: 1 min
A total of US$1.01 billion (MXN 12.91bn) will be allocated from Mexico’s 2013 federal budget for 783 road work projects across 31 states. Chiapas will receive the largest amount at $73.64 million (MXN 940mn) for 64 projects-; followed by Guerrero’s $69.8 million (MXN 891mn) - and Hidalgo $63.92 million (MXN 816mn). The road work projects do not include any works planned for Mexico City.

Related Content

  • US$ 67.29bn proposed for Thai roads and other infrastructure projects
    March 14, 2013
    A borrowing plan of US$67.29 billion (THB 2tn) for new transport infrastructure projects has been presented to Thailand's parliament. Out of the total borrowing, $8.16 billion (THB 243bn) is earmarked for road development, and a further $409.36 million (THB 12.19bn) for road checkpoint development. Main transport projects include four high-speed rail route, ten mass transit projects and dual track railways. A bill cementing the borrowing plan is set to be presented to the parliament by the end of March 2013
    Read More
  • Unveiling of Australia’s WestConnex road project funding plan
    June 24, 2013
    The state government of New South Wales, Australia will ask the private sector to contribute to the funding of the 33km WestConnex road project. While initial sections of the road will be financed by the state government, its following phase will be financed by the private sector. For the project, a total of US$1.66 billion (AUD 1.8bn) will be allocated by the state government over a four-year period. Of the total, $102.22 million (AUD 111mn) will be spent in 2013-2014. The development was mentioned by Trea
    Read More
  • Mexico: OHL to bid for La Raza-Indios Verdes-Santa Clara contract
    June 22, 2015
    OHL Mexico, a subsidiary of Spanish construction firm OHL, has confirmed it will bid for the construction and operation contract for Mexico’s La Raza-Indios Verdes-Santa Clara motorway. The 9.5km road worth around US$364 million will be let as a public-private partnership under the federal government’s National Infrastructure Programme, Mexico’s El Economista newspaper reported. A total of 14 companies are interested in the project, including Pinfra, Ideal, Prodemex, China Harbour Engineering Mexico
    Read More
  • Legacy Way underground road tunnel in Brisbane to cost US$1.57bn
    November 21, 2012
    The 5km Legacy Way underground road tunnel in Brisbane, Australia will cost US$1.57 billion (AUD 1.50bn). Brisbane City Council (BCC) will borrow US$ 1.04 billion (AUD 1bn) from the Queensland Treasury Corporation (QTC) on a 30-year loan to help fund the works. Meanwhile the federal government will contribute US$520.92 million (AUD 500mn) to the project. The tunnel is expected to carry 24,000 cars a day when it opens in 2015. The Clem 7 and Airport Link are two tunnels already operating in Brisbane.
    Read More

Highlighted Content