Roundup: Private investment, trucking regulations and Hurricane Odile reconstruction

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Thursday, September 25, 2014

Private investment in Mexico's infrastructure sector is set to reach some 36.3bn pesos (US$2.71bn) this year, according to the transport and communications ministry (SCT).

A total of 165bn pesos will be pumped into the sector, with investment to include 119bn pesos by the SCT and some 10.1bn pesos to be provided by the national infrastructure fund, Fonadin, according to an SCT release.

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New weight and size regulations governing Mexico's trucking sector have been approved. The new regulations will come into force in December, according to a release from the SCT.

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Mexico's agrarian and urban development ministry Sedatu has called on members of the national construction chamber CMIC to assist the government in the reconstruction of Baja California state following damage caused by Hurricane Odile.

Construction companies will assist the government in carrying out urban reorganization works to reduce the risk of future hurricane-related damage, according to a release from Sedatu.

BNamericas will host its 5th South America Infrastructure Summit in Colombia on October 22-23.