Mexico is cutting its transportation budget

The Mexican Secretariat of Communications and Transport (SCT) says that the US$6.98 billion budget cut made by the Federal Government will impact on infrastructure projects. According to the SCT, the completion of 20 road initiatives will be delayed while the body will also downsize its workforce. In a bid to redress the balance, the SCT will seek public-private partnerships (PPPs) to continue with certain infrastructure projects.
February 23, 2016 Read time: 1 min
The Mexican Secretariat of Communications and Transport (SCT) says that the US$6.98 billion budget cut made by the Federal Government will impact on infrastructure projects. According to the SCT, the completion of 20 road initiatives will be delayed while the body will also downsize its workforce. In a bid to redress the balance, the SCT will seek public-private partnerships (PPPs) to continue with certain infrastructure projects.
Finance & Funding

Related Content

  • Brazil needs to further ramp up road investment
    February 28, 2012
    A report by the Brazilian industry body Ipea points to the need for massive investment to continue expansion and upgrades to the country's road system.
    Read More
  • Tender process in hand for Mexican highway
    June 4, 2015
    In Mexico the tender process is being developed for a major new highway project. The US$466.5 million highway project will be built under the PPP model. The 83km route will provide an improved connection between Las Varas, Bucerias and Puerto Vallarta. The country's Secretariat of Communications and Transport (SCT) is preparing the tender at present. Mexican construction firm Impulsora del Desarrollo y el Empleo en America Latina (IDEAL) initially put forward a proposal for the project, which looks likely t
    Read More
  • Montreal’s new Champlain Bridge is in a race against time
    June 8, 2018
    Montreal’s US$3.24 billion Champlain Bridge across the St Lawrence River may not be open on time, according to a report by the independent Auditor General. The 3.4km cable-stayed bridge has two decks supporting three lanes of highway traffic in each direction. A third, central deck supports a mass transit system and a multi-use path. The new bridge will replace the nearby 50-year-old Champlain Bridge which has been deteriorating at an alarming rate. The government signed a contract in 2015 with a private
    Read More
  • ITS innovation will benefit transport in the Middle East
    May 29, 2013
    *Zeina Nazer, secretary general of ITS-Arab, introduces the rapid evolution of Intelligent Transport Systems in the Middle East and North Africa and talks about the special challenges and opportunities this represents, both for the industry and her organisation. Over the past six years, ITS-Arab has focused on promoting Intelligent Transport Systems (ITS) at the policy and decision making echelons, while developing ITS specifications at a project design level throughout the Middle East and North Africa (MEN
    Read More

Highlighted Content