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

  • Boom in Asian infrastructure investment
    February 8, 2012
    Investment in China and India continues unabated, but other nations on the continent are eager to attract companies as Patrick Smith reports Asia is still booming despite the current economic crisis, and new infrastructure programmes are constantly coming on stream. Powerhouses China and India, with their double-digit growth figures and huge infrastructure plans (in scope and cost), are leading the way and are still magnets for businesses wishing to expand, both in terms of facilities and customers. But oth
  • Mexican state of Guanajuato to invest US$287.74mn in roads
    May 28, 2014
    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
  • Mexico’s SCT will invest US$28.52 billion in road infrastructure to 2018
    February 14, 2014
    Mexico's Secretariat of Communications and Transportation (SCT) aims to invest US$28.52 billion (MXN 380 billion) in road infrastructure projects to 2018. Among the forecast plans are projects to widen highways to accommodate four lanes, as roads of this size currently correspond to just 39% of the country's roads. At the third edition of the Mexico Infrastructure Summit, the SCT also highlighted its 25,000km road network plan to be implemented until 2030. The project focuses on 15 main roads connecting 33
  • Mexico’s US$2.01bn for 2014 road work tenders
    February 3, 2014
    Mexico's Secretariat for Transport and Communications (SCT) has released US$2.01 billion (MXN 27 billion) for road work tenders to be carried out in 2014. In total, $4.489 billion (MXN 60 billion) will be spent on such projects this year. As previously reported in World Highways, tenders for 13 projects covering work to repair, upgrade and widen over 2,000km of roads have already been revealed. Tenders being opened will also include building bridges and bypasses around congested urban areas. Key tenders in