The Mexican
government says it has plans to revitalize and improve its infrastructure
through a five-year program called the Investment Program for Transports and
Communications. The program covers highways and roads infrastructure, transport
and telecommunication projects.
The major
investment, which is expected to be the equivalent of $100 billion (USD), is
projected to come from public-private partnerships, according to the
government.
Under the
Investment Program for Transports and Communications, infrastructure investment
would significantly increase compared to that of the administration of the
country’s previous president. The program includes seven port projects and
three passenger railroad projects as well as 60 road projects including 15
toll-roads, 29 freeways and 16 rural roads.
During the
last decade, Mexican ports have gone through a modernizing process that has
allowed them to significantly increase cargo movement. Although most of these
projects were severely affected by the economic crisis, the gradual economic
recovery is allowing the continued development of some of the more important
transportation infrastructure projects.
The Mexican
government is promoting port project development as part of an effort to
improve logistics efficiency and respond to the demand generated by increased
international trade. Some of the port projects the government says are to be
developed in the next several years include the expansion of the Port of
Veracruz and new port facilities in the ports of Lazaro Cardenas, Manzanillo,
Altamira, Dos Bocas and Tampico.
Although the
national investment plan under former Mexico President Felipe Calderon’s
administration increased the public and private investment in transportation infrastructure,
there are several projects that still need to be developed in order to fill
gaps for the transportation of merchandises, products, goods and passengers
across the country.
According to
the federal government, states like Jalisco, Oaxaca, Veracruz, Michoacan,
Queretaro, Puebla, Tlaxcala and Estado de Mexico are likely to be the ones
receiving most of the investment during this administration.
More on the
infrastructure program and construction opportunities can be seen at
http://export.gov/mexico/static/Mexico's%20Infrastructure%20Webinar%20Series%202013-2018%20flyer%204_Latest_eg_mx_064170.pdf.
Tags:
Investment Program for Transports and Communications, Port of Veracruz, Port of
Lazaro Cardenas
