Mexico to allocate $3.3 billion for road infrastructure in 2016

Mexico’s sub-secretary of infrastructure, Raul Murrieta Cummings, has announced that the Mexican Secretariat of Communications and Transport will US$3.3 billion in road infrastructure projects during 2016. Murrieta indicated that works will be carried out on 20 motorways and 10 federal roads. By the end of the year, SCT expects to complete 40 motorways and 63 federal roads out of a programme of 52 motorways and 80 roads scheduled for the current term. Murrieta specified that 18,000km of road infrastru
February 9, 2016 Read time: 1 min
Mexico’s sub-secretary of infrastructure, Raul Murrieta Cummings, has announced that the Mexican Secretariat of Communications and Transport will US$3.3 billion in road infrastructure projects during 2016.

Murrieta indicated that works will be carried out on 20 motorways and 10 federal roads. By the end of the year, SCT expects to complete 40 motorways and 63 federal roads out of a programme of 52 motorways and 80 roads scheduled for the current term.

Murrieta specified that 18,000km of road infrastructure had been built between 2012 and 2015.
Finance & Funding

Related Content

  • STRABAG wins contract for Hamburg, Germany
    August 26, 2020
    STRABAG has won a major highway contract in Hamburg, Germany.
    Read More
  • US road crashes increasing for 2015?
    August 19, 2015
    There is mounting concern in the US at the high number of crashes during 2015. For the first seven months of 2015, there has been a 14% increase in the number of traffic fatalities compared with the same period in 2014. The data shows that there were 18,630 road deaths in this period, with over 2.2 million serious injuries. This is a notable increase and should the trend continue it will mean that 2015 will have had the highest rate of road deaths since 2007. The cause (or causes) of the increase in road de
    Read More
  • Upgrades underway for Tarrant tollway in Texas
    September 20, 2013
    Financing has been found to fund construction work on the North Tarrant Express (NTE) in Texas. The public-private partnership project for Segment 3A of the route will be carried out by NTE Mobility Partners Segments 3 LLC (NTEMP3). The rebuilding of the I-35W road close to Fort Worth will help reduce traffic congestion on the route at peak periods. The public-private partnership has been agreed between NTEMP3, the Texas Department of Transportation (TxDOT) and the North Central Texas Council of Governments
    Read More
  • Virginia state issues RFP for $2.1 billion Interstate 66 toll expansion
    December 23, 2015
    The Virginia Department of Transportation (VDOT) has issued a draft request for proposals (RFP) for the US$2.1 billion Interstate 66 tolled expansion project. Work under a 40-50-year public-private partnership is expected to include construction of 46km of lanes.
    Read More

Highlighted Content