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 first contracts could be awarded as early as December 2014.