Skip to main content

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.

For more information on companies in this article

Related Content

  • Chile’s crowded roads face further congestion
    June 21, 2017
    Road congestion is a growing problem in Chile as the country’s vehicle fleet is fast outstripping road capacity. In 15 of the county’s major urban areas, the vehicle fleet is growing 10 times quicker than the rate of road construction.
  • Record attendance for Istanbul’s E&E conference
    June 14, 2012
    The Eurasphalt & Eurobitume 2012 event in Turkey has attracted record attendance figures, although final figures were not available at the time of writing.
  • New Turkey tunnels for Istanbul and Izmir
    May 31, 2017
    New tunnel connections are to be built in Istanbul and Izmir, along with a new bridge in Izmir. Work is due to start shortly on the Grand Istanbul Tunnel Project. This will be a three level tunnel and should help lower congestion in Istanbul, which suffers amongst the worst traffic jams of any city in the world.
  • Mexico’s strong road investment programme for 2014
    December 4, 2014
    The Mexican Government says it has managed to boost road investment in 2014, compared with 2013. According to the Secretariat of Communications and Transport (SCT), investment in road projects between January and October 2014 hit US$5.39 billion, some $56 million more than for the whole of 2013. Mexico’s National Infrastructure Project (PNI) includes 266 government pledges, of which the SCT is responsible for 105. By the end of 2014, there will be four new motorways n Mexico costing over MXN 4bn (the Mazatl