Chilean deals

In Chile the contractor Grupo Costanera currently has deals in hand for some US$650 million. Projects Grupo Costanera is working on include road works in the eastern part of Santiago, the construction of a connection with Route 78 from the union of Costanera Norte with Route 68 that goes to Valparaiso, and the Santiago-Lampa highway. Grupo Costanera is at present 45.8% owned by Atlantia. But Atlantia intends to increase its stake in Grupo Costanera and take a controlling interest by June of this year.
April 20, 2012 Read time: 1 min
RSSIn Chile the contractor 5105 Grupo Costanera currently has deals in hand for some US$650 million. Projects Grupo Costanera is working on include road works in the eastern part of Santiago, the construction of a connection with Route 78 from the union of Costanera Norte with Route 68 that goes to Valparaiso, and the Santiago-Lampa highway. Grupo Costanera is at present 45.8% owned by 5106 Atlantia. But Atlantia intends to increase its stake in Grupo Costanera and take a controlling interest by June of this year.

For more information on companies in this article

Related Content

  • Chilean highway transaction
    February 28, 2012
    The flotation deal for Chilean highway operator Autopista do Pacifico is on track.
    Read More
  • Key new highway connections for Chile
    October 1, 2012
    In Chile the authorities are working on plans to improve transport links between capital Santiago and the nearby port of Valparaiso. The Chilean Ministry of Public Works intends to widen the existing Route 68, the main road connecting the Metropolitan and Valparaiso regions. The project will increase the road's capacity by at least 30%. Spanish contractor Abertis will work on the expansion, which includes includes the construction of a third tunnel in Lo Prado. The tunnel should improve traffic flow around
    Read More
  • New route for Chilean capital
    July 8, 2013
    Chile’s congested capital Santiago is set to benefit from the construction of a key route that will help reduce journey times and improve traffic flow, particularly at peak periods. The tender process will open shortly for the Americo Vespucio Oriente (AVO) highway in Santiago, a 9.3km highway connection that will include the construction of a tunnel under the San Cristobal area.
    Read More
  • Chile highway link faces future issues
    January 24, 2017
    Chile’s busy Route 68 between capital Santiago and the country’s main port of Valparaiso faces an uncertain future. The 110km highway carries heavy traffic volumes and is close to its capacity of 4,500 vehicles/hour at peak periods, with extensive works required to improve the route. The work to upgrade Route 68 is expected to cost up to US$170 million, with eight sections of the highway in particular need of attention. The tender process for the upgrade work will open shortly. The Chilean Government opt
    Read More

Highlighted Content