staging
Investment in key infrastructure to detonate the Mexican industrial sector
Mexico Business News | March 31, 2023 |

The Ministry of Infrastructure, Communications and Transportation (SICT) will allocate MX$352 billion (US$19.5 billion) to complete 541 infrastructure works totaling 8,168km. The ministry also presented an in-depth analysis on the benefits of all the projects under its supervision.

Jorge Nuño Lara, Minister of Infrastructure, Communications and Transportation, said that increasing land connectivity to the Felipe Ángeles International Airport (AIFA) was one of the main achievements of the current administration in terms of infrastructure. The project consists of 54.8 km of roads with a total investment of MX$37.8 billion (US$2.1 billion), explains SICT through a press release.

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The SICT highlighted that air connectivity has grown mainly due to the modernization of airport infrastructure, which has translated into sustained increases in regional growth. The Secretariat estimated that by 2023 the aviation sector will receive an investment of MX$5.8 million (US$321 million), which will be allocated to eight ASA projects and 17 works at the Mexico City International Airport (AICM).

Nuño said the Mexican government will invest MX$180 billion (US$10 billion) in six rail projects, but execution has proven challenging in the passenger rail sector. SICT explained that once the works are carried out, 209 km of new tracks will be added to the rail network.

The railway connectivity works include 30 highways, 51 construction projects, modernization of federal highways, 52 rural and access road projects, and 405 artisanal labor roads to the municipal capitals. 

The ministry stressed that the works will benefit more than 47 million people, as SICT plans to build 10 highways in 2023 alone, with a total investment of MX$55 billion (US$3 billion) to improve 429 km.

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The federal highway construction and modernization program also highlighted that by 2023, 51 works are contemplated with a total investment of MX$70 billion (US$3.88 billion), which will cover 1,138km.

"These actions will allow the best communication and transfer in conditions of safety, accessibility, efficiency and quality, to guarantee equal opportunities for all," says Nuño.

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