Mexico cutting motorway budget

Mexico is cutting its planned motorway construction budget. The country's Secretariat for Transport and Communications (SCT) has said the budget will be cut by US$268.8 million, a reduction of 17% from the figure planned originally. The 130 different projects that were to have been carried out under the original budget will still be built, but a number may be delayed. Road construction has been a key priority for this government in Mexico. In all some 46 new motorways will have been constructed by the prese
February 23, 2015 Read time: 1 min
RSSMexico is cutting its planned motorway construction budget. The country's Secretariat for Transport and Communications (3067 SCT) has said the budget will be cut by US$268.8 million, a reduction of 17% from the figure planned originally. The 130 different projects that were to have been carried out under the original budget will still be built, but a number may be delayed. Road construction has been a key priority for this government in Mexico. In all some 46 new motorways will have been constructed by the present administration by the time it completes its period in office in Mexico.
Road Structures Finance & Funding

For more information on companies in this article

SCT

Related Content

  • Mega city transport in Mexico
    June 13, 2012
    Rapid urban growth is resulting in massive mega cities with major transport needs and Mexico City is one of the world’s largest – Mike Woof reports Mexico City is a vast, sprawling metropolis and one of the world’s largest cities, resulting in huge problems for its inhabitants, particularly with regard to infrastructure. Measuring population size is an inexact science for large cities as suburban areas can add to the figures considerably, especially in developing nations where unplanned expansion is as comm
    Read More
  • Concrete highway linking Mexico with US
    March 17, 2016
    A new concrete surface has been constructed along the busy Monterrey-Nuevo Laredo highway in Mexico. This route is of prime importance both for Mexico and its neighbour, the US, as it is the main export-import route between the two countries. Located in northeast Mexico, the Monterrey-Nuevo Laredo highway connects Mexico with the state of Texas in the United States. The route carries 52% of Mexico’s imports and exports and is crucial to the country’s economy, as well as for that of the US. CEMEX Mexic
    Read More
  • East Africa’s massive new ring road project
    June 30, 2016
    Plans are being drawn up for a major new highway project in East Africa. Preparations are being made by the authorities in Kenya, Uganda and Tanzania. The 450km ring road route runs around the shoreline of Lake Victoria and will provide better transport connections for Kenya, Uganda and Tanzania, as well as for other near neighbours, particularly Rwanda and Burundi. New border posts will be required, to help increase the flow of traffic between the nations. Although it will be complex, the project will boos
    Read More
  • Ritchie Bros planning major equipment auction in US
    August 2, 2012
    Equipment auction specialist Ritchie Bros is planning a huge sale of used equipment in the US state of North Carolina in September 2012. This unreserved sale of equipment includes no less than 60 Caterpillar D11 bulldozers as well as 20 other bulldozers. Also up for auction are over 30 large wheeled loaders and over 35 Caterpillar 777 trucks, as well as graders and other items of machinery. This particular sale is of note as the 60 D11 bulldozers are more than the firm has sold of this model over the last f
    Read More

Highlighted Content