Mexico’s SCT will invest US$28.52 billion in road infrastructure to 2018

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
February 14, 2014 Read time: 1 min
Mexico's Secretariat of Communications and Transportation (3067 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 ports that handle 99% of the TEU cargo containers in the country.
Road Structures

For more information on companies in this article

SCT

Related Content

  • Land costs push up the price tag of the Dhaka-Chittagong Expressway
    August 23, 2018
    Ballooning land acquisition costs are pushing up the cost of the proposed 217km Dhaka-Chittagong Expressway, according to media reports. Under the project, the highways directorate has already widened 190km of the two-lane highway to four-lanes and constructed three flyovers. The sources also said now the agency has estimated the cost for constructing the full 217km at nearly US$2.4 billion without land acquisition cost.
    Read More
  • Boost to infrastructure, autonomous cars in UK budget
    March 17, 2016
    The UK chancellor announced in his spring budget what he called the biggest investment, US$87.5 billion (£61 billion), in transport infrastructure in generations and is increasing capital investment in the transport network by 50 per cent over this Parliament compared to the last. The government plans to establish the UK as a global centre for excellence in connected and autonomous vehicles by establishing a US$24.1 million (£15 million) ‘connected corridor’ from London to Dover to enable vehicles to com
    Read More
  • EU Commission adopts plan for €50 billion boost to European networks
    May 2, 2012
    The European Commission has tabled a plan which will fund €50 billion (US$68.7 billion) worth of investment to improve Europe's transport, energy and digital networks. It has also announced the Europe 2020 Project Bond Initiative which will be one of a number of risk-sharing instruments upon which the facility may draw in order to attract private finance in projects.
    Read More
  • PB designing infrastructure for connected vehicle project
    April 24, 2012
    Parsons Brinckerhoff (PB) has been selected to design and supervise deployment of technology infrastructure for a US Department of Transportation (US DoT) pilot programme to study the potential of operating connected vehicles on the streets and highways of Ann Arbor, Michigan. Called the Connected Vehicle Safety Pilot Model Deployment project, the $15 million research effort is being undertaken by the University of Michigan Transportation Research Institute (UMTRI) and its partners on behalf of the US DoT.
    Read More

Highlighted Content