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.

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