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

  • Building programmes for Ho Chi Minh City in Vietnam
    June 9, 2014
    Ho Chi Minh City in Vietnam looks set to benefit from 14 infrastructure projects costing a total of US$9.44 billion. One of the key projects will be to improve and repair Luong Dinh Cua Street while another is for the building of the new Ha Noi Expressway-Eastern Ring Road link road. Loan facilities are being provided by the Sai Gon-Ha Noi Commercial Bank (SHB) to Phu My Construction (PMC). The construction programme also includes the Rach Chiec Bridge, five elevated highways and the Southern Ring Road. The
  • Somalia transport projects receiving funding
    April 26, 2017
    A series of transport projects will help boost the struggling economy of Somalia.
  • Book highlights infrastructure need for US
    November 17, 2015
    A new book by US domestic policy expert James P Pinkerton reveals that investing in transportation infrastructure will build America’s economic strength. In A Vision of American Strength: How Transportation Infrastructure Built the United States, Pinkerton observes that “the history of civilisation is the history of infrastructure.” He explains how societies have flourished as they developed better roads and other transportation systems. Pinkerton details how transport infrastructure fuelled the growth of
  • Rwanda road building planned
    June 9, 2017
    A US$89.7 million finance package from the World Bank will pay for the construction of a new highway in Rwanda. The project calls for the construction of a 66.5km highway, which forms part of a larger plan to build a 117km route from Ngoma to Nyanza.