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

  • India intends investing in infrastructure in future
    January 19, 2015
    The Indian Government has plans for massive investment in road and transport infrastructure. The country’s Road Transport Ministry has announced it will spend some US$ 80.65 billion in developing its road network between 2015 and 2019. Contracts for some 40,000km of road in all will be awarded during this period. The country also has a strategy of supporting private investment in transport through lower interest rates on loans for PPPs, providing partial funding from central government for local road safety
    Read More
  • RADOR highlights claimed shortfall in North West Russia road funds
    February 13, 2013
    The RADOR association, the leading organisation for advocating, planning, financing, building and maintaining roads in Russia’s regions, estimates the country’s North-Western Federal District needs US$5.367 billion (RUB 161.8bn) for road network repair and maintenance every year. RADOR says that around 19.7% of required funding was provided for regional road maintenance in 2012, along with 41.4% of funding for road repairs, and 6.3% of funding for road overhaul. The Leningrad region received 25% (RUB 5.1bn)
    Read More
  • Serbian road expansion
    March 21, 2012
    In Serbia some million is being spent on developing the Corridor 10 and 11 highways during 2012. The work being carried out by Serbian roads company Koridori Srbije will include the 22km Ipsilon arm on Corridor 10, which will run from Kelebija to Subotica.
    Read More
  • New tunnel Acapulco Bay in Mexico
    May 25, 2016
    Acapulco is to benefit from a new tunnel route to cut congestion. A new road tunnel close to Acapulco Bay will help cut journey times for drivers in this part of Mexico. Both tourists and locals in Acapulco Bay currently experience long journey times at present, with a key problem being congestion on the 12km route from Juan N Alvarez International Airport to the Acapulco Bay beaches. During peak traffic times the journey along the scenic, winding road around the tip of the Cumbres de Llano Largo Mountain t
    Read More

Highlighted Content