Ecuador's highway improvements

Ecuador is investing heavily in its transport infrastructure network at present. The city council in capital Quito says it has plans in hand for around US$579 million worth of road projects in total.
February 20, 2012 Read time: 1 min
RSSEcuador is investing heavily in its transport infrastructure network at present. The city council in capital Quito says it has plans in hand for around US$579 million worth of road projects in total. Projects to improve existing roads and build new ones in Quito, Ecuador, are well underway, with three of 14 projects announced in June 2010 due to be financed by the government. These include the construction of a new road to access the Tababela airport, the expansion of the Panamericana Norte road, which is expected to cost of $40 million and the extension of the E-35 road. Meanwhile, talks are underway to secure financing to carry out the full package of projects. Development bank 5720 Banco Ecuadoriano de Desarrollo (BEDE) whereby the latter will grant a loan of $80 million. The funds will be used to expand and build interchanges at the Mariscal Sucre and Simon Bolivar avenues. Additionally, the city council hopes to secure a loan of $160 millionn with the Andean Development Corporation (CAF) to finance the Centro Oriental road linking Tumbaco and Quito.

For more information on companies in this article

Related Content

  • GRAA focuses on winning project profile: Brisbane Airport Link, Northern Busway & Airport
    May 19, 2014
    The revolutionary AUD$4.8 billion Airport Link has delivered a landmark infrastructure project for Australia, tackling traffic congestion, enhancing the busway network and removing an infamous traffic bottleneck through an innovative and inspired design. The Airport Link in Brisbane, Australia included three separate projects – the Northern Busway (a 3km two-way dedicated busway), the Airport Roundabout Upgrade and the AirportlinkM7 (a 6.7km toll road including 5.2km of tunnel). Together, they represent the
    Read More
  • Cost increases for major Chilean highway project
    November 15, 2013
    The cost of Chile’s Vespucio Oriente highway project is increasing, while its completion also looks set to be delayed. A 13% budget increase is now required due to additional costs from a number of factors such as urban landscaping, according to Business News Americas. The Américo Vespucio Oriente (AVO) expressway is being built in Chilean capital Santiago and was originally expected to cost in the region of US$940 million. However Chile’s Public Works Ministry, MOP, has said that the route will now cost so
    Read More
  • Australia's huge transport investment
    February 29, 2012
    The Australian Government is allocating additional funding to renew its infrastructure and to improve transport in the major cities work in its 2011-12 budget.
    Read More
  • Colombia’s major new road
    February 1, 2023
    Colombia’s major new road project will be costly.
    Read More

Highlighted Content