Skip to main content

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.

For more information on companies in this article

Related Content

  • Shaanxi and Yunnan invest billions in transport infrastructure during 2014
    January 16, 2014
    Two Chinese provinces are investing a combined US$9.36 billion in transport infrastructure during 2014. Shaanxi province in northwest China plans to invest $5.79 billion (CNY 35 billion), enabling the upgrade of 5,000km of rural roads and the construction of around 1,110km of highway. The authorities will also strive to complete the Xianyang-Xunyi, Luofu-Weizhuang and Jiangzhang-Famensi highways in 2014, which will add about 160km of highway in Shaanxi province. Meanwhile in southwest China, the Yunnan pr
  • Colombian concession contracts cause concern
    June 13, 2014
    A report from insurance firm AIG warns that up to half of Colombia's 4G highway concessions could face financial hurdles due to over-estimated predictions of traffic flows. Colombia is at present putting out to tender its fourth generation (4G) concessions, which involve some US$25 billion in investment, reports Business News America. This investment is impressive and is Latin America's biggest move to expand and improve road infrastructure. But while many companies have shown interest and were prequalified
  • Saudi Arabia’s growth and infrastructure investment
    August 28, 2013
    Of all the fast-growing economies of the Arabian Gulf region, Saudi Arabia is by far the largest in terms of population and gross national product. Due to rising oil prices and increased foreign investments, Saudi Arabia's national economy has grown exponentially over the last ten years - having doubled in size since 2002 to $481.6bn. With a surface area of 2,150,000km2 (roughly equivalent to one quarter of the surface area of the continental United States), Saudi Arabia has a much greater need for high
  • Saudi Arabia’s growth and infrastructure investment
    August 28, 2013
    Of all the fast-growing economies of the Arabian Gulf region, Saudi Arabia is by far the largest in terms of population and gross national product. Due to rising oil prices and increased foreign investments, Saudi Arabia's national economy has grown exponentially over the last ten years - having doubled in size since 2002 to $481.6bn. With a surface area of 2,150,000km2 (roughly equivalent to one quarter of the surface area of the continental United States), Saudi Arabia has a much greater need for high