Mexico's road plan

Mexico's highway authorities have announced record investment in road projects.
February 28, 2012 Read time: 1 min
Mexico's highway authorities have announced record investment in road projects. According to the Mexican Transport Ministry (941 SCT Mexico), no road projects have been halted despite the economic crisis. The Mexican Transport Ministry's plans are to hand out 54 road concession projects during 2010, worth a total of US$1.45 billion. This represents an increase of 8.7% over 2009. Of the 48 projects in the pipeline at present, 21 are under construction, six have been awarded already and five are open to tender. Meanwhile the Mexican Government is working with concession holders for a further 12 highway projects. The 230km Durango-Mazatlan road is one of Mexico's key projects underway at present and is due for completion in 2012. Companies working on the Durango-Mazatlan road include 1340 FCC Construcción and 3277 Grupo Aldesa.

For more information on companies in this article

Related Content

  • Latin America invests in infrastructure growth
    February 15, 2012
    Travelling in one of the world's most diverse regions is not always easy, but spectacular engineering feats will make life easier as Patrick Smith reports. Five years ago a report from the World Bank noted that infrastructure in most of Latin America and the Caribbean (LAC) had improved over the previous ten years.
    Read More
  • Inauguration of Mexico's Baluarte Bridge
    March 22, 2012
    Mexico’s president Felipe Calderon has inaugurated the new Baluarte Bridge, which crosses the Baluarte River in the Sierra Madre mountain range in the north of the country. This 1.12km long bridge is 403m high at its central point over the steeply sloping ravine it spans, making it the highest cable-stayed structure in the world. Officials from the Guinness Book of Records presented an award to President Calderon, reflecting the Baluarte’s new status as it is higher than the previous holder, the Millau Brid
    Read More
  • Increased infrastructure spending
    February 22, 2012
    With economies booming in the BRIC countries and other regions, spending on infrastructure is at a high - Patrick Smith reports As economic crisis grips much of the world, many countries are still spending billions on infrastructure to improve transportation. While the USA and Europe struggle with debt problems (and this has affected much of the rest of the world) the development of highways, airport, ports and other infrastructure is gathering pace in other regions to boost economic developments.
    Read More
  • Golden opportunities in the MINT - Mexico, Indonesia, Nigeria, Turkey
    May 21, 2015
    Mexico, Indonesia, Nigeria, Turkey – Global Report offers up some food for thought about where smart money might be headed within the next several years – David Arminas writes China’s rate of growth may be slowing down, but other South East Asian companies are being quick to offer alternate investment opportunities, notably Indonesia. Nigeria, too, has had issues with security of investment. But there are signs that the government may be getting serious at last about tightening up rules and regulation
    Read More

Highlighted Content