Mexico expanded PPP highway portfolio in 2014

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Monday, December 29, 2014

Mexico opened 10 new highways this year that were developed under the public-private partnership (PPP) model and involved investment of more than 21bn pesos (US$1.42bn).

Together, the highways totaled 565km and add to the 351km completed in 2013, the transport and communications ministry (SCT) said in a press release.

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Among projects launched this year is the Amecameca Cuautla highway, used by around 12,000 motorists a day.

The Mexico City-Tuxpan highway was also finished, enhancing connectivity between the capital and Tuxpan's port.

In the southeast, the Nuevo Xcan-Playa del Carmen highway was opened, linking Yucatán state with the northeast of neighboring state Quintana Roo. Both the local tourism and commercial sectors are expected to benefit.

The Libramiento Norte de la Laguna bypass was opened to extend the Mazatlán-Matamoros corridor and facilitate cross-border trade with the US.

This year, three border crossings and border bridges were finished, following investment of 1.6bn pesos.

BNamericas will host the 4th Mexico Infrastructure Summit on February 18-19 in Mexico City. Click here for more information.