Skip to main content

Mexican highway projects on track

Mexico’s road development programme for 2014 is well on track. According to the Secretariat of Communications and Transport in (SCT), some 92% of the budget set for road projects in 2014 has already been implemented. The SCT is now moving forward with its plans for road projects in 2015. The tender process for major contracts will be opening from mid-November 2014. A budget of some US$1.92 billion is being planned for road projects in 2015, a significant increase from the $1.15 billion set for 2014. The fir
July 17, 2014 Read time: 1 min

Mexico’s road development programme for 2014 is well on track. According to the Secretariat of Communications and Transport in (SCT), some 92% of the budget set for road projects in 2014 has already been implemented. The SCT is now moving forward with its plans for road projects in 2015. The tender process for major contracts will be opening from mid-November 2014. A budget of some US$1.92 billion is being planned for road projects in 2015, a significant increase from the $1.15 billion set for 2014. The first contracts could be awarded as early as December 2014.

Related Content

  • EBRD funding for St Petersburg project?
    April 27, 2012
    The European Bank for Reconstruction and Development (EBRD) intends to provide a US$277 million (€200 million) loan to the Northern Capital Highway consortium, which will build the central 11.5km section of St Petersburg’s Western High Speed Diameter (WHSD) route. The EBRD’s board of directors has said will consider the loan on 14th February 2012. The finance package is of note as Russian road projects have largely found funds from other sources so far. The Northern Capital Highway consortium estimates the
  • Costa Rica road projects moving forward - slowly
    July 18, 2017
    Costa Rica is moving ahead with a series of major road projects, but progress is proving slower than anticipated or desired. The Costa Rica Government is struggling to achieve satisfactory progress with its overall road improvement programme. So far the key focus has been on maintaining existing links rather than building and improving road connections. The country’s National Laboratory for Structural Material and Models (Lanamme) has produced a report revealing that 85% of the national roads are in accepta
  • Mexico: OHL to bid for La Raza-Indios Verdes-Santa Clara contract
    June 22, 2015
    OHL Mexico, a subsidiary of Spanish construction firm OHL, has confirmed it will bid for the construction and operation contract for Mexico’s La Raza-Indios Verdes-Santa Clara motorway. The 9.5km road worth around US$364 million will be let as a public-private partnership under the federal government’s National Infrastructure Programme, Mexico’s El Economista newspaper reported. A total of 14 companies are interested in the project, including Pinfra, Ideal, Prodemex, China Harbour Engineering Mexico
  • Malaysia planning huge sea tunnel project
    August 19, 2013
    The Malaysian authorities have now awarded the contract to build the huge Penang-Butterworth tunnel project. The new link will cost in the region of US$1.92 billion to construct and the work includes building three bypass connections as well as the undersea tunnel. The project will be handled by a consortium, Zenith BUCG while Astral Supreme Construction is assisting with the feasibility study for the work. The Penang-Butterworth sea tunnel will be 6.5km long. The project also includes a 4.2km link from Gur