BajaNomad - Hwy Construction Costs

Hwy Construction Costs

tiotomasbcs - 11-18-2010 at 04:10 PM

Where is the dinero for all the new hwy construction coming from?? From Tecate to Cabo Hwy 1 is being expanded and laced with bridges and four lanes of superhighway!! Lots of money , lots from a government fighting Drug Cartel Wars!! Foreign investment? Anybody have a clue and/or website regarding the financing of this large project? I'm clueless. :rolleyes:

Tio

cabo3100 - 11-18-2010 at 06:36 PM

Eco tourism and Japanese in TJ :light:

David K - 11-18-2010 at 06:52 PM

Not just Hwy. 1, but a brand new Hwy. 5 north and south of San Felipe, and a new Hwy. 3 (which is the one that begins at Tecate). Hwy. 19 to Todos Santos also doubled in size since it was first paved 30 years ago.

woody with a view - 11-18-2010 at 07:09 PM

ever heard of the merida initiative? im guessing there is an accounting error or black hole from where the $400 million per year cannot be accounted for or how it is spent is a little foggy......

http://en.wikipedia.org/wiki/M%C3%A9rida_Initiative

tiotomasbcs - 11-19-2010 at 08:59 AM

No news reported in the SudCaliforniano? Someone must have deep pockets !$$$ :cool:

Approximately 2yrs to build La Paz to Todos Santos section and then they started right away on TS to Cabo. Tecate to Ensenada has been under construction for 2/3yrs, right? Any news reports in the Ensenada new?? It appears the whole Peninsula hwy will be made over. The new Escalera Tierra not Nautica. :spingrin:

Tio

ElFaro - 11-19-2010 at 09:14 AM

If you look at what and where the highway improvements are being done it all seems to point to the trucking industry and the need to move AG products and services 24/7. I think we'll see expanded production and output from parts of Baja currently constrained by Hwy. 1's 2-lane inefficiency as it forces truckers single file to plow through one small town after another to get to the border.

Mike99km - 11-19-2010 at 09:28 AM

Maybe the cartels are paying so they can get more product north faster :lol:

We have a running joke regarding"your drug dollars hard at work".
If they can pay to build a submarine what's a few dollars to improve the roads.
MMc

dtutko1 - 11-19-2010 at 09:37 AM

How is the work going from TS to Cabo?

mtgoat666 - 11-19-2010 at 10:00 AM

Quote:

Originally posted by tiotomasbcs
Where is the dinero for all the new hwy construction coming from?? Anybody have a clue and/or website regarding the financing of this large project? I'm clueless. :rolleyes:

Tio

mexico's federal government revenue comes from taxes and pemex, and perhaps bonds/securities for debt spending (does fed run a deficit?). states probably get their revenue from fed govt and local taxes.

capitolkat - 11-19-2010 at 12:21 PM

Drove from La Paz to CAbo yesterday and the road south of Todos Santos is underway with a good portion from Pescadero south for about 25 km under construction. They are putting bridges over most of the puentes and have figured out mostly about the diversions should be paved , but some rough spots and then two lane for about 30 km and then work on the 4 lane continues into Cabo. Norm

Bajahowodd - 11-19-2010 at 03:23 PM

http://www.theodora.com/wfbcurrent/mexico/mexico_economy.htm...

Interesting to note that 2009 estimates show Mexico's public debt as a percentage of GDP to rank very close to the US. But in either case, there are many countries in better shape.

Middle of the pack in descending order:

Sweden
Bosnia
Mexico
Dominican Republic
USA
Yemen

Yup. They run a debt.