Here are the five largest construction projects initiated in Mexico during Q3 2021, according to GlobalData’s construction projects database.
1. Mexico City Metro Line 1 Modernization – $1,938m
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The project involves the modernization of Metro Line 1 in Mexico City, Mexico.
Construction work started in Q3 2021 and is expected to be completed in Q4 2023.
The objective of the project is to promote safer and more environmentally-friendly transport options in the region.
2. Salina Cruz-Coatzacoalcos Highway Development – $368m
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By GlobalDataThe project involves the construction of a highway between Salina Cruz and Coatzacoalcos in Oaxaca, Veracruz in Mexico.
Construction work commenced in Q3 2021 and is expected to finish in Q1 2023.
The project will improve the road infrastructure enhance the transportation network in the region to compete with the Panama Canal.
3. Mante-Ocampo-Tula Highway Development – $323m
The project involves the construction of the Mante-Ocampo-Tula highway in Tamaulipas State, Mexico
Construction work started in Q3 2021 and is forecast to complete in Q4 2023.
The objective of the project is to provide better communication facilities, reduce travel time, and improve safety and increase tourism and other business.
4. Ciudad Juarez Computer Component Manufacturing Complex – $200m
The project involves the construction of a manufacturing plant on 25ha site area on Santiago Troncoso avenue, Ciudad Juarez, Chihuahua, Mexico.
Construction work commenced in Q3 2021 and is expected to be completed in Q4 2022.
The objective of the project is to increase the production capabilities within the region, and will also increase the local workforce to 5,000 workers.
5. Libramiento Ciudad Juarez Road Development – $158m
The project involves the construction of a highway in Chihuahua, Mexico.
Construction work started in Q3 2021 and is expected to be completed in Q1 2025.
The project aims to improve road safety and reduce travel times.
Methodology:
This analysis is drawn from GlobalData’s global construction projects database, which tracks new construction projects over $25m from announcement to completion.
Verdict’s parent company GlobalData plc provides business information to 4,000 of the world’s largest companies.
