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

  • Middle East funding for Indian roads
    February 15, 2016
    Funding from the Middle East looks set to help develop new Indian highway projects. Some $15.6 billion from the Abu Dhabi Investment Authority (ADIA), a UAE-based sovereign wealth fund, will be directed towards highway projects in India. This will be used for 50 highway projects in India on a toll-operate-transfer (TOT) basis. The Indian Government is planning to award 104 highway projects under the TOT model that will allow investments by private equity firms, infrastructure developers and institutional in
    Read More
  • A6 project between Weinsberg and Wiesloch/Rauenberg set to start
    January 26, 2017
    Work will soon start on the €1.3 billion project to widen a stretch of the A6 motorway, one of Germany’s most congested highways. Both sides of the motorway between the Weinsberg and Wiesloch/Rauenberg junctions will be expanded. On 25 km of the section being expanded under the project – altogether 47.1 km – the number of lanes will be increased from four to six. The project also encompasses the construction of the 1.3km-long Neckartal Bridge. Preparatory work for the public-private partnership has
    Read More
  • New tunnel Acapulco Bay in Mexico
    May 25, 2016
    Acapulco is to benefit from a new tunnel route to cut congestion. A new road tunnel close to Acapulco Bay will help cut journey times for drivers in this part of Mexico. Both tourists and locals in Acapulco Bay currently experience long journey times at present, with a key problem being congestion on the 12km route from Juan N Alvarez International Airport to the Acapulco Bay beaches. During peak traffic times the journey along the scenic, winding road around the tip of the Cumbres de Llano Largo Mountain t
    Read More
  • Record attendance for Istanbul’s E&E conference
    June 14, 2012
    The Eurasphalt & Eurobitume 2012 event in Turkey has attracted record attendance figures, although final figures were not available at the time of writing.
    Read More

Highlighted Content