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

  • Widening and upgrade for highway in Nicaragua’s capital
    January 27, 2017
    Nicaragua is continuing to develop its highway network, this time with a major project planned for the capital, Managua. A loan worth close to US$107.5 million from the Central American Bank for Economic Integration (CABEI) is to help pay for the project. The work calls for the upgrade and widening of the Pista Juan Pablo II route running through Managua. The 9.55km stretch of road will benefit from three additional lanes, helping to boost capacity and reduce congestion and delays at peak periods. Safety pr
  • Futureproofing UK construction equipment resilience
    May 5, 2021
    Rob Oliver is the longstanding CEO of the Construction Equipment Association (CEA), the UK trade association for the UK construction equipment industry. Guy Woodford recently caught up with him to discuss the industry’s health and the key issues facing the CEA and its members in 2021 and beyond.
  • IRF Global Road Achievement Awards Laureate – Riyadh people mover
    May 19, 2016
    The Saudi Binladin Group (SBG) has always understood the IRF vision of “Better Roads. Better World” not only as a commitment to a most critical mode of transportation but also as part of an efficient and total transportation system and support services. The objective is always Mobility of People, Commodities and Ideas with safety of users and service providers as a high priority. Here, SBG provides complete mobility by combining an automated people mover with roads and pedestrian facilities within the u
  • Concern at European road safety issues
    March 24, 2015
    The European Commissioner of Transport, Violeta Bulc, has announced EU road safety statistics for 2014 that give some cause for concern. In 2014 there were a total of 25,700 road deaths across all 28 Member States of the EU. Road fatality figures differ widely among Member States. The figures indicate only a 1% improvement since last year, meaning that significantly more effort will be needed from Member State governments in order to reach the Commission's goal to halve the number of road deaths between 201