Mexico: Tamaulipas to Invest US$141M in Rail, Urban Development Project

June 29, 2011
Project investment will come from national, state, municipal and private funds, according to a release from the state government.

Mexico's Tamaulipas government plans to launch a 1.68bn-peso (US$141mn) rail and urban development project.

Project investment will come from national, state, municipal and private funds, according to a release from the state government.

Work includes construction of an international rail bridge, overpasses, pedestrian bridges and signage, as well as enclosing rail lines.

Projects planned for Nuevo Laredo city include construction of two overpasses, while in Matamaros, construction is due to start on a 519mn-peso international rail bridge and bypass in the first quarter of 2012, the release said.

The initiative is designed to improve connectivity between Tamaulipas cities as envisaged under the state's development plan, said public works secretary Manuel Rodríguez.

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