Interest is strong in Chile’s Chacao bridge project

Strong interest is being shown in the project to build the new Chacao Bridge in Chile. The country’s Ministry of Public Works has said that 41 companies have bought details of the terms and conditions for the tender to build the bridge. Around 70% of the firms interested come from outside Chile. The bridge will be located in Chiloe and is expected to cost in the region of US$740 million to construct. Chile’s Ministry of Public Works hopes that additional firms will purchase the tender details before the dea
October 18, 2012 Read time: 1 min
Strong interest is being shown in the project to build the new Chacao Bridge in Chile. The country’s Ministry of Public Works has said that 41 companies have bought details of the terms and conditions for the tender to build the bridge. Around 70% of the firms interested come from outside Chile. The bridge will be located in Chiloe and is expected to cost in the region of US$740 million to construct. Chile’s Ministry of Public Works hopes that additional firms will purchase the tender details before the deadline expires. Bidders have to submit financial and technical offers by 30th November 2012 in order to pre-qualify. A number of the bidders are expected to establish joint ventures or consortia before submitting final bids for the project in the first quarter of 2013.

Related Content

  • $594 million Chilean highway delayed
    May 6, 2025
    Bidding for a $594 million Chilean highway is delayed.
    Read More
  • Chile’s US$1 billion Chiloe Island bridge behind schedule
    February 22, 2024
    Chile’s US$1 billion bridge to link Chiloe Island with the mainland is behind schedule.
    Read More
  • Chile’s Chacao Bridge project - futuresecured
    July 19, 2018
    Chile’s landmark Chacao Bridge project now looks to be back on a sound footing, with completion expected in late 2022 or early 2023. This projects for the 2.6km-long bridge was to have been built jointly by Brazilian firm OAS and South Korean company Hyundai. However OAS hit financial difficulties and had to withdraw from the project. As a result, Hyundai will now buy the 49% stake OAS had in the project. As Hyundai already has a 51% stake in the bridge project, this will give the firm total ownership ove
    Read More
  • Chile bridge design unveiled
    June 27, 2016
    The final design of Chile’s Chacao Bridge has now been revealed. This project is expected to cost in the order of US$700 million. The initial design was unveiled in 2015 but was then subject to a number of modifications to better meet requirements. South Korean company Hyundai is playing a central role in the consortium that will build the project although its partners for the work have yet to be finalised. Plans to build a bridge connecting Chiloe Island to the Chilean mainland have been discussed for some
    Read More

Highlighted Content