New road tunnel under construction in Mexico

A Mexican contractor is now carrying out construction work on a new 8km road tunnel in the country’s Guerrero State. The project is expected to cost some US$272.6 million. The work is being carried out by the contractor ICA. The project will help improve connectivity for Acapulco. The country is pushing through a series of major infrastructure works in order to improve connectivity. Mexico’s vehicle population is also growing fast, reflecting the country’s economic development. The country’s capital, Mexico
June 10, 2013 Read time: 1 min
A Mexican contractor is now carrying out construction work on a new 8km road tunnel in the country’s Guerrero State. The project is expected to cost some US$272.6 million. The work is being carried out by the contractor 2765 ICA. The project will help improve connectivity for Acapulco. The country is pushing through a series of major infrastructure works in order to improve connectivity. Mexico’s vehicle population is also growing fast, reflecting the country’s economic development. The country’s capital, Mexico City, is now the world’s second largest city and is also the single largest economic area in all of Latin America.

For more information on companies in this article

ICA

Related Content

  • Electric advances in China
    April 25, 2012
    The Chinese authorities are keen to encourage the development of a market for electric vehicles. The country’s State Council is drafting a plan intended to boost sales of electric vehicles as well as the development of new models. Included in the plans is the development of a charging infrastructure system.
    Read More
  • Chinese Government taking steps to reduce vehicle exhaust pollution
    November 15, 2013
    As a modern bustling megacity, Beijing is undergoing a fast growth rate and the country’s economic development has seen vehicle numbers increase rapidly, both in its capital and in other major cities. However, the recent pollution problems that hit several of China’s major cities, including capital Beijing, have underscored the need to reduce vehicle exhaust emissions in the country. The Chinese Government has recognised the need to address the problems of air pollution and congestion and Beijing in particu
    Read More
  • Latin America construction machine demand to grow
    December 15, 2017
    Demand in Latin America for heavy construction equipment is expected to continue growing - Allied Market Research reports. Latin America is set to see strong growth in demand for construction machines. This is according to a new report published by Allied Market Research, called Latin America Heavy Construction Equipment Market by Equipment, Application, and End User: Opportunity Analysis and Industry Forecast, 2014-2022. The report shows that the market size for Latin America’s off-highway equipment sector
    Read More
  • 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
    Read More

Highlighted Content