Government to invest in second stage of the Mexico-Veracruz motorway

The Mexican Secretariat of Communications and Transport has allocated around US$615 million to complete construction of the second level of Mexico-Veracruz motorway. Works, which is ongoing along the 13.3km stretch, will be concluded by July 2016. The motorway will reinforce the connection between Veracruz port and the industrial areas of Puebla and Mexico states. Last month, the Secretariat confirmed that 80% of the projects included in the national infrastructure plan (PNI) between 2014 and 2018 are
August 4, 2015 Read time: 1 min
The Mexican Secretariat of Communications and Transport has allocated around US$615 million to complete construction of the second level of Mexico-Veracruz motorway.

Works, which is ongoing along the 13.3km stretch, will be concluded by July 2016. The motorway will reinforce the connection between Veracruz port and the industrial areas of Puebla and Mexico states.

Last month, the Secretariat confirmed that 80% of the projects included in the national infrastructure plan (PNI) between 2014 and 2018 are already under development. There are 52 major road infrastructure projects within the PNI. Of these, 17 of the new highways have been completed.
Finance & Funding

Related Content

  • Slovakia pushes ahead with the R4 Presov northern bypass
    September 27, 2017
    Slovakia’s national motorway company NDS said it would tender the second stage of the 10.2km R4 Presov northern bypass during the first half of 2018. The project is estimated to be worth around €314 million.
    Read More
  • Moscow to turn from implementation of Fourth Ring Road project
    January 5, 2016
    The Moscow City Government plans to complete building of the North-East and North-West Chords, two of the biggest road building projects in the city for the last 15 years The links will be completed during the next several months, according to an official spokesman of the Moscow Government. Both roads are considered as a cheaper alternative to the Fourth Ring Road, the construction of which was considered by the Moscow Government several years ago. However due to huge costs, which are estimated at mo
    Read More
  • Major tunnel project underway in Bangladesh
    March 1, 2019
    A major tunnel construction project is now underway in Bangladesh, the first tunnel in the country to be constructed under a river.
    Read More
  • Financial close reached for A9 Gaasperdammerweg motorway work
    November 25, 2014
    Financial close has been reached for expansion of the A9 motorway near Amsterdam in the Netherlands. BNG Bank, DZ BANK, ING, KBC, SMBC and Société Général have made available a short-term debt of US$174 million (€140 million) and half of the long-term debt of nearly $509 million (€410 million). The European Investment Bank will provide the other half of the long-term debt. Mott MacDonald is the lenders’ technical advisor to the consortium IXAS Zuid-Oost, which has the public-private contract to expand
    Read More

Highlighted Content