The Mexico’s Secretariat of Communications and Transport (SCT) has confirmed that a total of 1,474 road infrastructure contracts were granted in the first half of 2015. This work is costing in the region of US$1.02 billion. A total of 74% of these contracts were awarded to Mexican companies, whilst 26% corresponded to foreign firms. SCT informed that 31 projects were concluded so far in 2015 and added that 12 additional initiatives were expected to be completed by the end of the year.
The Mexico’s Secretariat of Communications and Transport (SCT) has confirmed that a total of 1,474 road infrastructure contracts were granted in the first half of 2015. This work is costing in the region of US$1.02 billion. A total of 74% of these contracts were awarded to Mexican companies, whilst 26% corresponded to foreign firms. SCT informed that 31 projects were concluded so far in 2015 and added that 12 additional initiatives were expected to be completed by the end of the year.
Some $488.85 million will be spent by the local government in Nuevo Leon for the development of road infrastructure projects. One of the main projects is for the connection between Ignacio Morones Prieto and Lazaro Cardenas avenues in Monterrey. Infrastructure work is also being carried out on the Monterrey-Reynosa road, the Pesqueria-Santa Maria La Florena road and the Sendero-Barragan road.
Meanwhile road construction work has halted on the Autopista Siglo XXI motorway project after the discovery of an archaeological site. The historical remains, located in Tlaltizapan municipality, are being assessed by the Mexican anthropology and history institute (INAH). Once the study is completed, the INAH and the Secretariat of Communications and Transport (SCT) will determine whether a modification of the project is necessary to avoid damaging the site. The motorway will require an investment of $121 million.
Some $488.85 million will be spent by the local government in Nuevo Leon for the development of road infrastructure projects. One of the main projects is for the connection between Ignacio Morones Prieto and Lazaro Cardenas avenues in Monterrey. Infrastructure work is also being carried out on the Monterrey-Reynosa road, the Pesqueria-Santa Maria La Florena road and the Sendero-Barragan road.
Meanwhile road construction work has halted on the Autopista Siglo XXI motorway project after the discovery of an archaeological site. The historical remains, located in Tlaltizapan municipality, are being assessed by the Mexican anthropology and history institute (INAH). Once the study is completed, the INAH and the Secretariat of Communications and Transport (SCT) will determine whether a modification of the project is necessary to avoid damaging the site. The motorway will require an investment of $121 million.
