Argentina highway concession in spotlight

Buenos Aires Province will release news of the winner of a highway concession shortly. The concession will be to operate highways 2, 11, 36, 63, 56 and 74 under a 30 year deal from May 2011.
February 10, 2012 Read time: 1 min
RSSBuenos Aires Province will release news of the winner of a highway concession shortly. The concession will be to operate highways 2, 11, 36, 63, 56 and 74 under a 30 year deal from May 2011. A consortium comprising 1382 Roggio, 1389 Esuco and 1383 Helport submitted a bid stating it would collect a toll of US$6.13 plus VAT. A group comprising 1390 Jose Cartellone, 1392 Isolux, 1393 Eleprint, 1399 Supercemento, 1400 Petersen Thiele y Cruz and 1401 Rovella Carranza submitted a bid with a suggested toll of $6.90 plus VAT. The road maintenance body, 5712 Direccion de Vialidad, for Buenos Aires province is evaluating the bids. The authorities in Buenos Aires Province are keen to see the winning bidder pledge to carry out annual investments of $100 million.

For more information on companies in this article

Related Content

  • Indonesian airport toll road deal
    September 21, 2020
    A deal has been agreed for a key Indonesian airport toll road.
    Read More
  • Key roads will be developed in Brazil’s Parana State
    July 30, 2012
    Key improvements will be made on stretches of key roads in Brazil’s Parana State. In all repairs and maintenance will be carried out to 16 stretches of road, totalling some 4.800km in all. This work is expected to cost US$29 million. However Parana State has a total budget for overall road improvements of $419 million. Of this, actual road repairs will cost around $203.25 million. Some $144 million will be used for road preservation works,$67 million for cleaning drainage systems and $129 million to improve
    Read More
  • Russia's road map ahead
    March 5, 2012
    Overall, Russia is to benefit from a major highway investment programme. The Federal Transport Development Programme will feature a budget of $21.5 billion for the 2010-2015 period. Some $15.1 billion is to be allocated for highway construction and repairs. Russian city St Petersburg and the surrounding the Leningrad region will see the start of major investment in infrastructure during 2011. The road sector will benefit strongly, with projects underway including the southern section of the Western High Spe
    Read More
  • Kuwait deal
    February 23, 2012
    A major road project in Kuwait now has the go-ahead and construction will commence shortly.
    Read More

Highlighted Content