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

  • Cost reductions on Russian highways
    July 12, 2012
    Major cost reductions are being seen on some key highway projects in Russia including the new ring road project in St Petersburg, where the reduction is US$192.31 million. The management of the ring road in St Petersburg has signed an agreement with the main contractors (Flora, the corporation Inzhtransstroy) to cut costs by 12-17.6% in 2009-2010. The 12% reduction is equivalent to US$32.05 million and will apply to contractors that are to complete facilities in 2009. Meanwhile the 17.6% cut is for work pla
  • €2.27bn UK road investment in 2014 to support over 9,500 construction jobs
    November 11, 2013
    Over 9,500 construction jobs will be supported in 2014 by more than €2.27 billion (£1.9 billion) of investment in Britain’s roads, Transport Minister Robert Goodwill announced today. The total investment in 209 schemes is €5.15 billion (£4.3 billion), with the €2.27 billion to be spent in 2014 more than twice the amount being spent this year. Due to either start or be completed in 2014, these road programmes are estimated to boost the economy by over €22.52 billion (£18.8 billion) and are part of a €119.8
  • Russia's massive transport programme
    May 2, 2012
    Russia is rolling forward with a massive programme of road building and reconstruction. The plans call for some 5,700 km of federal highways to be repaired by 2017. At present, only 38% of Russia's roads are in good condition and this has been identified as a key priority for improvement by the country's Government.Meanwhile the authorities in the Russian city of St Petersburg have a target infrastructure investment programme for 2012 as well as plans for 2013 and 2014
  • Colombia’s infrastructure development
    December 5, 2013
    Colombia is benefiting from heavy investment in infrastructure that is helping boost the country’s economy. At the same time, tough policies have also reduced crime considerably and helped stabilise economic development. This process of economic growth and overall stabilisation looks set to continue as the Colombian Government has recently unveiled its plans for highway construction over the next 10 years. This infrastructure programme is also tipped to raise demand for surety products owing to government c