Skip to main content

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

  • Canadian province taps Vinci for its first public-private partnership
    August 7, 2015
    A Canadian subsidiary of Vinci Concessions, has signed a 30-year public-private partnership (P3) deal for a bypass around the Saskatchewan provincial capital city Regina. Regina Bypass Partners is a (37.5%) subsidiary of Vinci Concessions, in partnership with Parsons Enterprises (25%), Connor Clark & Lunn GVest fund (25%) and Gracorp Capital (12.5%). Parsons Enterprises - the Parsons division focused on the development, delivery, financing, and management of infrastructure under P3s - is an equity par
  • New northern relief road for Moscow
    August 20, 2015
    New Concession Company to build northern relief road of Moscow Kutuzov Avenue – Eugene Gerden writes New Concession Company has won a tender for the building of the Northern relief road of Kutuzovsky Avenue, a major radial avenue in the Russian capital Moscow. The firm is part of Leader company (one of Russia's largest management companies), owned by Yuri Kovalchuk, a well-known Russian businessman, who is reportedly close to Russia’s president Vladimir Putin. It is planned that the building of the n
  • Mexico’s road development programme to continue
    January 3, 2019
    Mexico is setting a budget for road development works during the coming year. A budget of US$4.14 billion has been set for rebuilding existing roads and building new links during 2019. This budget has been set by the Mexican Secretariat of Communications and Transport (SCT). Projects being prioritised include the completion of Oaxaca-Puerto Escondido and Oaxaca-Mitla-Tehuantepec Isthmus roads. Maintenance work, link roads from highways to towns and upgrades to 5,500km of roads across the country will also b
  • Rotenberg’s Mostotrest to fight for $5 billion Russia’s road-building contract
    December 2, 2013
    Interest is strong in one of Russia’s premier projects for road infrastructure - Eugene Gerden reports The State Company Russian Highways (Avtodor) has officially announced a tender for the construction of the sixth - and longest - section of the Moscow - St Petersburg highway. Avtodor is Russia’s leading company in the field of development of national road infrastructure, while this is one of the largest and most controversial projects in Russian road building in recent years. The 6th section of the