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

  • Road maintenance crisis hits UK and US, as experts gather in Paris
    January 9, 2015
    The road maintenance crisis in the United Kingdom and the United States is deepening amid estimates that it will take millions of dollars to stop highway infrastructure from crumbling, including falling prey to potholes. A recent report by the BBC in the UK said that at least one municipal council, the city of Leeds, is facing a bill of nearly US$153 million to patch up its potholed roads. In the United States, Senator Bernie Sanders is t
    Read More
  • A key section of highway is now open in Romania
    July 26, 2012
    In Romania the northern section of the bypass around the city of Constanta is open to traffic. The bypass forms part of the Pan-European Road Corridor IV and work on this section was financed by the European Bank for reconstruction and Development (EBRD). The southern stretch of the 23km bypass was completed in 2011. Now it is complete, the bypass will carry heavy port traffic away from Constanta. It will also provide a free-flowing route for tourist traffic from Romanian capital Bucharest and the north of
    Read More
  • Transport plans for Indonesia
    November 28, 2012
    Indonesia’s Government is setting a US$20 billion budget for transport and energy sector development. The Indonesian Government plans to build 559km of new roads as part of a new transport infrastructure programme. Indonesia’s capital Jakarta faces a growing problem due to severe traffic congestion, which is particularly intense at peak periods. Increasing vehicle numbers in the city mean that the existing traffic problem is fast getting worse. The authorities are looking at policies to address the issue.
    Read More
  • Kraftmontasje wins Frøya Tunnel renovation
    March 30, 2023
    Work will start in April in Norway on what is the company’s largest ever single contract, with completion expected late next year.
    Read More

Highlighted Content