Skip to main content

Major bridge project planned for Chile

Strong interest is being shown in the construction sector in Chile for the project to build the Chacao Bridge. The tender process is due to open in the first half of 2013 and a large number of contractors, over 30, have already acquired terms and conditions of the works package. The construction project is expected to cost US$740 million.
September 14, 2012 Read time: 1 min
Strong interest is being shown in the construction sector in Chile for the project to build the Chacao Bridge. The tender process is due to open in the first half of 2013 and a large number of contractors, over 30, have already acquired terms and conditions of the works package. The construction project is expected to cost US$740 million. Bidding is expected to close in early 2014 and the winner will be selected and the contract awarded. Work should start in 2015 and the completion date will be in 2019.

Related Content

  • 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
  • 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.
  • 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
  • Chile project tenders due shortly
    June 27, 2016
    A series of major projects in Chile will be put out to tender by March 2018. These will be worth some US$4.08 billion in all. Further transport projects are planned for Chile and 2021, the total value of these will be worth an impressive $8.28 billion. The country’s Chacao Bridge linking to Chiloe Island and Agua Negra Tunnel connecting with neighbouring Argentina are perhaps the two most notable and ambitious transport projects Chile will be working on. The tender process for the $800 million Principe de G