Skip to main content

Chile choses Chacao Chiloe crossing consortium

The Chilean authorities have awarded the project to build the Chacao crossing to a consortium comprising OAS, Hyundai, Systra and Aas-Jakobsen. The winning bid was for US$680.4 million. When the contracting consortium completes construction of Chile’s Chacao Channel crossing it will connect Chiloe Island to Chile’s mainland. The project has been halted and delayed a number of times over the years but this move will see the work going ahead at last, with construction expected to take some 79 months.
December 12, 2013 Read time: 1 min
The Chilean authorities have awarded the project to build the Chacao crossing to a consortium comprising 1511 OAS, 236 Hyundai, 5549 Systra and Aas-Jakobsen. The winning bid was for US$680.4 million. When the contracting consortium completes construction of Chile’s Chacao Channel crossing it will connect Chiloe Island to Chile’s mainland. The project has been halted and delayed a number of times over the years but this move will see the work going ahead at last, with construction expected to take some 79 months.

For more information on companies in this article

Related Content

  • Major plans for Chilean infrastructure development
    March 14, 2014
    A major plan for infrastructure is being put forward for Chile. Chile's Construction chamber (CChC) has presented a plan for some US$40 billion in infrastructure improvements to the new Chilean Government. The CChC has highlighted the concession model as being the most effective tool for encouraging private investment in infrastructure. The CChC suggests that Chile has a critical need for infrastructure development, but a serious shortfall of public funds according to a report by Business News Americas. Roa
  • Chile-Argentina tunnel receives multiple bids
    June 5, 2017
    Interest has been strong in the tender process for the Agua Negra Tunnel project that will connect Chile and Argentina. In all 10 consortia comprising 29 firms submitted bids to build the tunnel, which will provide a new road link from Coquimbo in Chile to San Juan in Argentina. The winning tender is due to be announced in early 2018. It is highly likely that the winner will include local firms and Chilean companies in particular have access to personnel with experience of tunnelling work due to the country
  • East End Crossing Project—Availability payment P3 in action
    July 14, 2017
    Indiana exercised its authority to use a P3 contract when it partnered with Kentucky for new bridges across the Ohio River. Barney Allison and John Smolen* explain the groundbreaking availability payment deal. Earlier this year, traffic began rolling over the new tolled Lewis and Clark Bridge spanning the Ohio River from northern Kentucky to southern Indiana. The cable-stayed bridge is part of the award-winning Ohio Bridges Project to untangle traffic within the greater metropolitan area of Louisville, Kent
  • Bosphorus crossing updates
    November 29, 2013
    A group of seven banks is to fund the construction of the third Bosphorus Bridge crossing in Turkish commercial centre Istanbul. A group of six Turkish banks, Garanti Bankasi, Halk Bankasi, Is Bankasi, Vakiflar Bankasi, Ziraat Bankasi, and Yapi Kredi Bankasi, is being joined by the Netherlands-based Garantibank International to provide the necessary US$2.3 billion of funding required for the project. A joint Italian-Turkish consortium comprising Astaldi and IC Ictas will build the bridge, which will reduce