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

  • China transport investment
    November 27, 2012
    In China, the news that the construction industry has been waiting for came with an announcement over infrastructure spending. The Chinese Government said it will invest heavily in infrastructure spending over the next few years, some US$157 billion, particularly in extending the country’s high speed rail network. Some $4.45 billion will be invested in transport infrastructure in 2012. Of the total, $790 million will go on rural road improvements, of which 88% will be used in the central and western regions
    Read More
  • Major Mexican motorway plan in hand
    February 2, 2015
    The Mexican Government plans to invest some US$13.72 billion in all into 46 motorway construction projects. Work on these new routes will be carried out during the current administration. The new motorways come in addition to the 85 motorways operating in 2012, when the current administration entered office. So far 13 new motorways have been built with funds of close to $3.77 billion. The 1.4km Distribuidor Vial Palmira motorway was recently opened inaugurated while the 10 lane Cuernavaca beltway project ha
    Read More
  • Tunnel project of Chilean capital Santiago
    April 8, 2015
    Tunnel construction in Chilean capital Santiago will help cut chronic congestion – Mauro Nogarin & Mike Woof write. Chile’s capital Santiago is a thriving city having benefited from the country’s economy growing strongly in recent years. The massive copper mining sector has helped boost the country’s GDP significantly in the past few decades, also aided by the growing international reputation of Chile’s large wine industry. The steady economic growth has resulted in an equally steady growth in average incom
    Read More
  • Serbia’s pan-European Corridor X is in the slow lane
    October 23, 2017
    It’s been slow progress on Serbia’s Corridor X project. Gordon Feller reports. Back in the early 2000’s, the European Union undertook an ambitious programme to link the main cities of its south-eastern region. This involved connecting five key seaports – the Greek cities of Patras, Igoumenitsa, Piraeus and Thessaloniki as well as Romania’s Black Sea city of Constanta. Initially the plan involved two motorways across Greece. The first was a new 780km route including a branch to Ormenio on Greece’s north-eas
    Read More

Highlighted Content