Mexico City road repairs being financed

Mexico City’s chronic traffic congestion could well be reduced by planned road repair works. Traffic is routinely clogged in the city, with potholes being one of many issues facing drivers. However the city authorities are providing a budget of US$351.2 million to tackle some of the worst road defects on key routes. The plan involves improving 55% of Mexico City’s primary road links by 2021. In 2019 alone, some 692km of roads will be improved.
May 10, 2019 Read time: 1 min
Mexico City’s traffic clogged roads will benefit from repairs

Mexico City’s chronic traffic congestion could well be reduced by planned road repair works. Traffic is routinely clogged in the city, with potholes being one of many issues facing drivers. However the city authorities are providing a budget of US$351.2 million to tackle some of the worst road defects on key routes. The plan involves improving 55% of Mexico City’s primary road links by 2021. In 2019 alone, some 692km of roads will be improved.

Maintenance

Related Content

  • Golden opportunities in the MINT - Mexico, Indonesia, Nigeria, Turkey
    May 21, 2015
    Mexico, Indonesia, Nigeria, Turkey – Global Report offers up some food for thought about where smart money might be headed within the next several years – David Arminas writes China’s rate of growth may be slowing down, but other South East Asian companies are being quick to offer alternate investment opportunities, notably Indonesia. Nigeria, too, has had issues with security of investment. But there are signs that the government may be getting serious at last about tightening up rules and regulation
    Read More
  • Road repair programme for Melbourne
    December 7, 2018
    A new programme of road repairs is intended to tackle problems on Melbourne’s roads. The Victorian State Government is financing works worth US$129 million (A$183 million) to around 200 road and bridge sections across the state, in a bid to improve road conditions. The work will be carried out by three firms, Sprayline Road Services, Fulton Hogan Industries and Downer EDI Works. The improvements will include repairing fences, fitting new guard rail and signs, resurfacing worn sections of road, filling in
    Read More
  • Peru capital ring road tangle
    June 27, 2016
    The project to construct a new ring road around Peru’s capital Lima is facing a difficult tangle that has to be unravelled. However the contractor tasked with the construction work, Grupo Ferrovial, is hoping to be able to make up time and start work in January 2017. The tangle needing to be addressed is between Peru’s Ministry of Transport and Communications and the authorities in the city of Lima as the two parties have not agreed the details of the project. The contractor believes it can start work in ti
    Read More
  • India’s highway financing programme planned
    November 30, 2016
    A budget of US$8.97 billion has been set as the limit on borrowing for India’s highways development programme for the 2017-2018 fiscal year. The financing agreement has been made by the National Highways Authority of India (NHAI), acting through the country’s Ministry of Road Transport and Highways. This substantial budget comes in spite of fewer projects being awarded as well as less financing having been secured during 2016. In the April to October 2016 the NHAI awarded contracts for 2,330km of highways.
    Read More

Highlighted Content