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

  • Russia’s most expensive road project to commence
    January 15, 2019
    Construction work is being planned for Russia’s most expensive road, which will be built in south of the country – Eugene Gerden reports Work is due to commence shortly on Russia’s most expensive road, in the south of the country. The highway will form part of the existing 1,600km Moscow-Sochi road, according to recent statements from senior officials at the Russian Ministry of Transport as well as local analysts. As part of the project, the Russian Government, together with private investors, plans to
    Read More
  • Chinese highway project under construction
    February 9, 2017
    China’s infrastructure expansion programme is in the process of transforming the country. Meanwhile its construction market is the largest in the world, comprising around 25% of the country’s US$11 trillion economy. However, slowing domestic growth in recent years has encouraged the Chinese Government to invest in key infrastructure projects in a bid to improve the country’s transport connections.
    Read More
  • Ethiopia’s building roads
    November 29, 2013
    Ethiopia is set to benefit economically from investment in a number of new key road links totalling over US$1 billion. The east African nation’s 218km Modjo-Hassan highway is expected to cost US$720 million to construct. The highway will be constructed in two stages. The first section of the route will stretch 93km from Modjo to Zeway and is expected to cost $350 million to complete. The second section of the highway will be 125km long and link Zeway with Hewassa and this stretch is estimated to cost $370
    Read More
  • STRABAG wins contract for Hamburg, Germany
    August 26, 2020
    STRABAG has won a major highway contract in Hamburg, Germany.
    Read More

Highlighted Content