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Released March 24, 2016 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--Led by oil & gas pipelines, Mexico could see as much as $8.9 billion in project kickoffs for the upcoming quarter, according to Industrial Info's project database. Construction starts for manufacturing and power projects also figure prominently in second-quarter 2016.
Click on the image at right for a graph detailing planned second-quarter 2016 project kickoffs in Mexico by industry.
More than three fourths of the total investment value--$6.8 billion--is tied to projects that are in the engineering phases, and about $400 million stems from projects in early construction. Nearly $1.7 billion worth of projects are in the planning phases, where plenty of factors still could increase, decrease or totally eliminate the expected spending.
By industry category, kickoffs for oil & gas pipelines amount to nearly $2.7 billion in total investment value (TIV). Among these is part of the Laguna - Aguascalientes natural gas pipeline, which involves installing 600 kilometers of 42-inch-wide pipe to ultimately supply Comision Federal de Electricidad's power stations in Durango, Zacatecas and Aguascalientes. Completion is set for fourth-quarter 2017. For more information on the project, see Industrial Info's project report.
Industrial manufacturing projects come in second, with a combined TIV of more than $2.5 billion. Chief among these is the Tuxpan Container Terminal II in Tuxpan, Veracruz, with a TIV of $550 million. The project by owner Administracion Portuaria Integral Tuxpan (Tuxpan) and operator Grupo TMM (Mexico City) will have a capacity of 800,000 twenty-foot equivalent container units and will double the port capacity at Tuxpan. Completion is expected in third-quarter 2018. For more information on the project, see Industrial Info's project report.
Next come power projects, with a combined value of nearly $2 billion. Located in Guaymas, Conora, Comision Federal de Electricidad's Empalme II natural-gas fired combined cycle power station has a TIV of $750 million and will generate more than 700 megawatts (MW). The project construction contract was awarded to a consortium comprising Duro Felguera SA (MCE:MDF) (Oviedo, Spain) and Elecnor de Mexico, SA de CV (Mexico City). Completion is expected in second-quarter 2018. For more information on the project, see Industrial Info's project report and December 21, 2015, article - Construction Contract Awarded for Empalme II Power Station in Mexico.
The remaining seven highest-value projects set to kick off in Mexico are:
More than three fourths of the total investment value--$6.8 billion--is tied to projects that are in the engineering phases, and about $400 million stems from projects in early construction. Nearly $1.7 billion worth of projects are in the planning phases, where plenty of factors still could increase, decrease or totally eliminate the expected spending.
By industry category, kickoffs for oil & gas pipelines amount to nearly $2.7 billion in total investment value (TIV). Among these is part of the Laguna - Aguascalientes natural gas pipeline, which involves installing 600 kilometers of 42-inch-wide pipe to ultimately supply Comision Federal de Electricidad's power stations in Durango, Zacatecas and Aguascalientes. Completion is set for fourth-quarter 2017. For more information on the project, see Industrial Info's project report.
Industrial manufacturing projects come in second, with a combined TIV of more than $2.5 billion. Chief among these is the Tuxpan Container Terminal II in Tuxpan, Veracruz, with a TIV of $550 million. The project by owner Administracion Portuaria Integral Tuxpan (Tuxpan) and operator Grupo TMM (Mexico City) will have a capacity of 800,000 twenty-foot equivalent container units and will double the port capacity at Tuxpan. Completion is expected in third-quarter 2018. For more information on the project, see Industrial Info's project report.
Next come power projects, with a combined value of nearly $2 billion. Located in Guaymas, Conora, Comision Federal de Electricidad's Empalme II natural-gas fired combined cycle power station has a TIV of $750 million and will generate more than 700 megawatts (MW). The project construction contract was awarded to a consortium comprising Duro Felguera SA (MCE:MDF) (Oviedo, Spain) and Elecnor de Mexico, SA de CV (Mexico City). Completion is expected in second-quarter 2018. For more information on the project, see Industrial Info's project report and December 21, 2015, article - Construction Contract Awarded for Empalme II Power Station in Mexico.
The remaining seven highest-value projects set to kick off in Mexico are:
- $500 million: Consolidated Water Company Limited's Rosarito Seawater Desalination Plant in Baja California Del Norte
For more information on the project, see Industrial Info's project report. - $457 million: Comision Federal de Electricidad's Merida-Cancun Natural Gas Pipeline in Merida, Yucatan
For more information on the project, see Industrial Info's project report. - $450 million: Comision Federal de Electricidad's Colombia-to-Escobedo Nueva Era Natural Gas Pipeline in Colombia, Nuevo Leon
For more information on the project, see Industrial Info's project report. - $400 million: Heineken NV's MEOQUI BREWERY - PHASE I, in Meoqui, Chihuahua
For more information on the project, see Industrial Info's project report. - $350 million: Comision Federal de Electricidad's Tuxpan-to-Tula Natural Gas Pipeline in Tuxpan, Veracruz
For more information on the project, see Industrial Info's project report. - $267 million: Secretaria de Comunicaciones y Transporte's Coatzacoalcos Bypass Railway in Coatzacoalcos, Veracruz
For more information on the project, see Industrial Info's project report. - $200 million: Consolidated Water Company Limited's Rosarito Desalination Plant Pipeline Addition in Baja California Del Norte
For more information on the project, see Industrial Info's project report.