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.

Finance & Funding Road Structures

Related Content

  • Mexico opening highway tender process
    March 16, 2015
    Four highway concessions will be due for tender shortly. The country’s Secretariat for Communications and Transport (SCT) is working on these four motorway concessions and intends to open the tender process in the next few months. The highway projects being considered for tender include a new link Indios Verdes and Santa Clara, the Las Varas-Puerto Vallarta connection, the Tulum highway and Orizaba highway. SCT recently put the Hermosillo highway project out to tender recently and this is generating interes
    Read More
  • Latin America invests in infrastructure growth
    February 15, 2012
    Travelling in one of the world's most diverse regions is not always easy, but spectacular engineering feats will make life easier as Patrick Smith reports. Five years ago a report from the World Bank noted that infrastructure in most of Latin America and the Caribbean (LAC) had improved over the previous ten years.
    Read More
  • Toll-tale market strength for leading tolling manufacturers
    May 22, 2014
    New major highway tolling solution supply contracts and the launch of cutting-edge tolling products have invigorated the global tolling technology market in the first half of 2014, as Guy Woodford reports Kapsch TrafficCom has been selected by North Tarrant Express (NTE) Mobility Partners LLC to provide the toll collection, intelligent transport and network communication systems for the NTE extension project in the US state of Texas. The NTE extension is approximately 16km long, and runs along I-35W north o
    Read More
  • Despite earlier contractor issues, road projects in Bosnia are proceeding on track
    May 16, 2012
    Key road construction projects are now moving forward in Bosnia with work on-track for the Sarajevo ringroad as well as the Corridor Vc highway. Construction of a 130km section of the Corridor Vc highway should be complete by 2014 according to Bosnia's Ministry of Transport and Telecoms. Work on the first section of the Sarajevo ringroad should be completed within five months, following the signing of an agreement worth €17 million between the Austrian firm Strabag and the Bosnian company HP Investing. The
    Read More

Highlighted Content