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

  • EIB aids funding for Poland's A2
    July 12, 2012
    The European Investment Bank (EIB) will help funding of the A2 highway project in Poland, which has faced financing problems due to the economic crisis. The EIB is making an exception to its usual policy by granting to Polish company Autostrada Wielkopolska credit that covers over 50% of the costs of the construction work for a highway section. The EIB will provide €1 billion for the A2 investment and to create an option of an additional €200 million. The total value of the investment, which is expected to
    Read More
  • Highway 407 Revisited – smart tollroad extension
    June 7, 2016
    In the late 1990s, World Highways published a supplement on construction of Canada’s Highway 407, the world’s first all-electronic toll road. But how successful has it been? David Arminas reports from Toronto The head office for 407 ETR Concession Company is a low-rise building next to exit 59, just north of Toronto, Canada’s economic powerhouse. The building may be non-descript but inside is the advanced technical heart of Highway 407 ETR – Express Toll Route. It houses the latest toll monitoring techno
    Read More
  • Investing in East Africa's road sector to boost economic development
    April 14, 2020
    Investments in East Africa’s road sector are helping drive economic development as well as political stability
    Read More
  • Mexico continues plans for major transport network programme
    September 23, 2014
    Mexico is continuing with its plans for a series of major transportation projects aimed at boosting connectivity. The country’s Secretariat of Communications and Transportation (SCT) says that work is underway on 110 of the country’s 128 planned bridge projects. Construction of the remaining 18 bridges is commencing in due course. And 23 of the 110 bridges being built at present are being opened to traffic shortly, with a further 46 opening in November 2014 and 38 opening in December 2014. The project to wi
    Read More

Highlighted Content