Spanish firm carrying out Chilean projects

Spanish contractor Sacyr is to work on two major highway projects in Chile in Concepcion and Iquique, as well as a 78km road in the Tarapaca region. The firm will finance the work using a loan of US$390 million from Chilean financial services company CorpBanca. The 78km road will cost $113 million, while $276 million will be spent on the work linking Concepcion and Cabrero.
April 25, 2012 Read time: 1 min
RSSSpanish contractor 3959 Sacyr is to work on two major highway projects in Chile in Concepcion and Iquique, as well as a 78km road in the Tarapaca region. The firm will finance the work using a loan of US$390 million from Chilean financial services company 5253 CorpBanca. The 78km road will cost $113 million, while $276 million will be spent on the work linking Concepcion and Cabrero.

For more information on companies in this article

Related Content

  • Colombia highway construction projects secure funding
    August 22, 2018
    A finance source has been secured for major highway projects in Colombia. The Rumichaca-Pasto and Montes de Maria highways are being constructed by Spanish contractor Sacyr. A package of loans worth a total of US$110 million will pay for the highway work. This financing is being supplied jointly by CIFI, Banco BTG Pactual Cayman Branch and Banco Pichincha Panama.
    Read More
  • Colombia highway construction projects secure funding
    August 22, 2018
    A finance source has been secured for major highway projects in Colombia. The Rumichaca-Pasto and Montes de Maria highways are being constructed by Spanish contractor Sacyr. A package of loans worth a total of US$110 million will pay for the highway work. This financing is being supplied jointly by CIFI, Banco BTG Pactual Cayman Branch and Banco Pichincha Panama.
    Read More
  • Chilean bridge project achieves resolution
    February 26, 2020
    A resolution has been achieved for Chile’s Chiloe Island bridge project.
    Read More
  • Chile’s crowded roads face further congestion
    June 21, 2017
    Road congestion is a growing problem in Chile as the country’s vehicle fleet is fast outstripping road capacity. In 15 of the county’s major urban areas, the vehicle fleet is growing 10 times quicker than the rate of road construction.
    Read More

Highlighted Content