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[BUSINESS] · Mexico · 43 sources

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Mexico announces 647 billion peso road infrastructure program

The Mexican federal government has announced a massive road infrastructure program with a total planned investment of 647,832 million pesos over the current six-year term. The program aims to intervene in 11,366 kilometers of roads, with 1,796 kilometers already completed and 4,223 kilometers currently under execution, representing a 15% progress rate.

Banobras is managing 19 priority projects with an estimated investment of 213,868 million pesos, which is expected to generate over 320,000 direct and indirect jobs. Key projects include the expansion of the Tihuatlán-Tuxpan highway from two to four lanes and the development of the Tulancingo-Nuevo Necaxa corridor, which involves a 3.5 billion peso investment for the first 22-kilometer stage to expand the road to four lanes.

Additionally, the government is allocating 50,000 million pesos this year for the MegaBachetón program to rehabilitate the federal highway network. The strategy utilizes both public and mixed investment models to ensure the development of public roads without traditional concessions.

Entities

Banobras · Claudia Sheinbaum · Claudia Sheinbaum Pardo · Guaymas · Isaac García Álvarez · Jesús Antonio Esteva Medina · Jorge Alberto Mendoza Sánchez · Mexico · Ricardo Ahued · Rocío Nahle · Rocío Nahle García · Rosa María Hernández Espejo

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