Mexican state of Guanajuato to invest US$287.74mn in roads

The Mexican state of Guanajuato is to invest US$287.74 million (MXN 3.7 billion) in roads infrastructure projects. Announcing the investment, Guanajuato state governor Miguel Marquez Marquez said the funds would cover over 300 construction, refurbishment, connectivity and modernisation projects. It is part of Marquez's so-called ‘Impulso’ programme which covers several areas of his administration, such as economic development, infrastructure and social programmes. Meanwhile, elsewhere in Mexico, it has em
May 28, 2014 Read time: 1 min
The Mexican state of Guanajuato is to invest US$287.74 million (MXN 3.7 billion) in roads infrastructure projects.

Announcing the investment, Guanajuato state governor Miguel Marquez Marquez said the funds would cover over 300 construction, refurbishment, connectivity and modernisation projects. It is part of Marquez's so-called ‘Impulso’ programme which covers several areas of his administration, such as economic development, infrastructure and social programmes.

Meanwhile, elsewhere in Mexico, it has emerged that Portuguese construction company Mota-Engil leads the tender process for the construction of the first section of the Cardel-Poza Rica motorway. The construction of the 129km stretch linking Laguna Verde and Gutierrez Zamora is estimated to cost around $315.54 million (MXN 4.06 billion), according to the National Infrastructure Programme. The offer submitted by Mota-Engil proposes a total investment for the project of $269.49 million (MXN 3.47 billion), with a risk capital of $100.18 million (MXN 1.29 billion) and a state aid of $64.22 million (MXN 827 million).
Road Structures

Related Content

  • Philippines: Laguna Expressway and Dike Project fails to get bids
    March 30, 2016
    Construction of a major 47km highway and sea protection dike development in Manila has been thrown into doubt after no bids were received for the US$2.65 billion contract. Philippines media report that the Department of Public Works and Highways declared the auction for the six-lane Laguna Expressway Dike Project a failure after the three pre-qualified bidders didn’t submit bids. The pre-qualified consortia were Trident Infrastructure and Development consortium – consisting of SM Prime Holdings, Megaw
    Read More
  • Latin America invests in infrastructure growth
    February 15, 2012
    Travelling in one of the world's most diverse regions is not always easy, but spectacular engineering feats will make life easier as Patrick Smith reports. Five years ago a report from the World Bank noted that infrastructure in most of Latin America and the Caribbean (LAC) had improved over the previous ten years.
    Read More
  • Road repair and maintenance programme for Mexico
    April 10, 2014
    A budget of US$5 billion has been set for road construction, maintenance and modernisation projects in Mexico during 2014. The programme has been set out by the Secretariat of Transport and Communications (SCT), which published 2,191 tenders by March 2014 and expects 80% of resources to be tendered by May 2014. The projects include the Indios Verdes-Santa Clara viaduct, works to 300km of rural and agricultural roads in Quintana Roo and pavement restoration in Benito Juarez. Also included are the Mexico-Pue
    Read More
  • New road works planned in Mexico
    April 26, 2023
    New road works are planned in Mexico.
    Read More

Highlighted Content