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

  • Bridge of international accord from Russia-China
    May 29, 2018
    A new bridge project joining China and Russia is a sign of international accord between the two nations – Mike Woof writes A new bridge spanning what China calls the Heilongjiang River and which is known as the Amur River in Russia, is a clear sign of an important international accord between the two countries. Discussions over the bridge project were first started between China and Russia in the 1980s, with both nations seeing many changes in leadership since that time. But while the political discussion
    Read More
  • Building a major Turkish highway project
    August 15, 2018
    The North Marmara Motorway Project in Turkey has been a major focus for project financing, as well as for novel technical solutions for its construction. This mega infrastructure project is intended to boost transport connectivity between the European and Asian sides of Turkey International law firm Winston & Strawn LLP has advised on major project financing for two sections of the highway. The structure for implementation of the Project is based on the build-operate-transfer (BOT) concession model. The
    Read More
  • Indian highways road construction
    April 16, 2012
    Superlatives, once applied only to China's phenomenal growth, are now being used for India. Patrick Smith reports Those involved with the Naini Bridge in Allahabad are so proud of the result that they have set up an exhibition centre detailing its construction.
    Read More
  • Hanoi-Can Tho expressway in Vietnam bond financing evaluation
    April 30, 2013
    The capital planning for the major expansion and upgrading of Hanoi-Can Tho expressway in Vietnam is being considered ahead of a National Assembly evaluation for bond financing. The Ministry of Transport (MoT) has made a proposal for the prime minister to seek the National Assembly's permission to issue government bonds to handle the project. Last month, the MoT presented Document 2738/BGTVT-KHDT to the prime minister to seek capital resources for 17 road sections under the project. The government bonds wil
    Read More

Highlighted Content