Mexico is benefiting from heavy transport investment

A major programme of investment looks set to add new road and highway links to Mexico’s network. The Ministry of Communications and Transport (SCT) has announced planned investments of some US$5.39 billion in several projects in the states of Chiapas, Guerrero, Michoacan and Oaxaca. The 70 projects include 32 road and 14 motorway projects, as well as the expansion of six ports. In addition, the new Las Armas distribution road that will connect the State of Mexico and Mexico city has been inaugurated. The fi
October 30, 2013 Read time: 1 min
Mexico City’s often crowded road infrastructure links will see some improvements when a key new link opens for traffic
A major programme of investment looks set to add new road and highway links to Mexico’s network. The Ministry of Communications and Transport (SCT) has announced planned investments of some US$5.39 billion in several projects in the states of Chiapas, Guerrero, Michoacan and Oaxaca. The 70 projects include 32 road and 14 motorway projects, as well as the expansion of six ports. In addition, the new Las Armas distribution road that will connect the State of Mexico and Mexico city has been inaugurated. The first section of the Bicentenario Viaduct (Veb) alongside Primero de Mayo Avenue is due for completion in December 2013-January 2014. The second section of the Veb in the North Periphery will be completed within eight months. Spanish construction company 980 OHL is carrying out the work.
Finance & Funding Road Structures

For more information on companies in this article

OHL

Related Content

  • Mexico’s SCT will invest US$28.52 billion in road infrastructure to 2018
    February 14, 2014
    Mexico's Secretariat of Communications and Transportation (SCT) aims to invest US$28.52 billion (MXN 380 billion) in road infrastructure projects to 2018. Among the forecast plans are projects to widen highways to accommodate four lanes, as roads of this size currently correspond to just 39% of the country's roads. At the third edition of the Mexico Infrastructure Summit, the SCT also highlighted its 25,000km road network plan to be implemented until 2030. The project focuses on 15 main roads connecting 33
    Read More
  • New bridge and road projects underway for Chile
    December 18, 2013
    Strong bids have been received for Chile’s Puente Industrial road bridge project, which will be built in Region VIII. Bidders included Spanish firm OHL as well as Besalco Concesiones-Concesiones Viarias Chile Tres and Sacyr Concesiones Chile. Work on the 2.5km bridge is expected to commence in 2014 and the project will cost some US$170 million to construct, with completion expected in 2017. The deal for the four lane bridge includes building access roads and involves a 30 year concession package. The Puente
    Read More
  • Australia’s Transurban sees boost in traffic and toll revenue
    January 14, 2015
    Transurban, an Australian manager of highways and developer of urban toll roads, saw toll revenue for the December 2014 quarter increase by more than 63% to US$304 million compared to the same period last year. For the half-year ended December 2014, toll revenue rose by 63.7% to nearly $602 million, compared to the corresponding period in 2013, a company statement said. Transurban, established in 1966 and based in Melbourne, owns CityLink in Melbourne, which connects three of the city's major freeways
    Read More
  • Mexico’s programme of infrastructure development
    September 12, 2018
    The Mexican Government is on track with its programme of infrastructure development for the time period from 2012 and 2018. Work completed includes the construction of 38 highways and 33,000km of rural roads. In addition, 77 federal roads have also been widened and rebuilt. The country’s Secretariat of Communications and Transport (SCT) says that much of this work has been carried out under the PPP model, with financing of around US$3 billion. The new highways stretch for a total of 2,400km and includes urb
    Read More

Highlighted Content