Skip to main content

Mexico has plans for massive infrastructure investment

Mexico’s Government has plans for a massive programme of infrastructure improvements across the country. In all some US$314 billion will be invested in infrastructure, of which $47 billion will be targeted at improving the country’s transportation network. Mexico’s national transport and communications ministry, SCT, will manage the projects which include works for highways and airports. The plans are expected to include a combination of private and public funding sources, although further details have yet
July 19, 2013 Read time: 2 mins
Mexico City’s congestion is notorious and the city’s traffic regularly slows to a crawl at peak periods
RSSMexico’s Government has plans for a massive programme of infrastructure improvements across the country. In all some US$314 billion will be invested in infrastructure, of which $47 billion will be targeted at improving the country’s transportation network. Mexico’s national transport and communications ministry, 3067 SCT, will manage the projects which include works for highways and airports. The plans are expected to include a combination of private and public funding sources, although further details have yet to be released. The present Mexican Government looks set to follow on from the earlier infrastructure programme set out by the previous administration. This reveals that a change of political perspective has not changed the understanding by the country’s politicians that infrastructure investment is important for continued economic development. The country’s capital, Mexico City, is widely thought to have become the world’s second largest city in terms of population numbers. Mexico City has expanded enormously in recent years and has suffered from uncontrolled growth, with its existing infrastructure unable to cope with the vast increase in vehicle numbers. Pollution is a major problem, especially as the city is at altitude and heavy smog is a frequent blight. Various measures have been carried out by the city authorities to curb vehicle pollution, with diesel powered vehicles having been required to switch to gas as fuel within the city.

The Mexican Government has stated it will invest $4.8 billion on roads in 2013. This forms part of the plan for investment in roads between 2013 and 2018. The first projects planned include 15 highways, 29 major roads, 665km of rural roads and feeder routes and 16 bypasses, which will cost MXN 18.540bn. Other plans looking further ahead include work on 19 highways, 20 major roads, 17 bypasses, and bridges, feeders and rural routes.

The Brazilian company 1305 Odebrecht has made a bid to build the Tuxpan-Tampico link, which will cost around $560 million. It is expected that Mexico’s National Fund for Infrastructure will cover around 50% with the remainder to come from the private sector. Other companies interested in the project must submit their offers by 15 January 2014.

For more information on companies in this article

Related Content

  • Brazilian road building analysis
    April 15, 2015
    The Brazilian Government now intends to evaluate plans for additional private investment in transport infrastructure. The country’s Ministry of Planning will start analysing work that was not covered under initial contracts for private investment in current road, railway and port projects. The plans represent substantial sums with an estimated total investment of US$9.76 billion in all. Under the current model, companies look for official permission to carry out work in order to improve their concessions. G
  • Kazakhstan announces infrastructure investment programme to 2020
    April 2, 2015
    Kazakhstan’s deputy minister for investments and development Zhenis Kasymbek has said that about US$20 billion will be invested in development of all types of transport infrastructure by 2020. The main funds will be allocated for the Caspian region, in particular for projects to improve connections to Azerbaijan, Georgia and Turkey. Apart from road infrastructure, money will be invested to construct the Beyneu-Zhezkazgan railway and development of the Altynkol-Khorgos railway section in the direction of
  • Interest strong in Mexican highway tender
    July 28, 2014
    Interest has been strong for a Mexican highway contract. In all 13 companies are considering bidding for the Tuxpan-Tampico highway concession in Veracruz state, reports Business News Americas. Local firms Tradeco Infraestructura, OHL México, Mota Engil México, La Peninsular Compañía Constructora, Acciona Infraestructuras México and Coconal have all shown interest in the project. The contract is for a 106.6km highway, which will run from Tuxpan-Ozuluama and connect two of the country’s busiest Gulf Coast po
  • Indian infrastructure investment plans
    April 27, 2012
    In India innovative infrastructure investment plans are being drawn up intended to help develop the country's highway network. The National Highway Authority of India (NHAI) plans to finance its road projects by issuing bonds.