Chile highways subject to negotiation

Key highway links in Chile are likely to see upgrading, although the operation of the links could change. The country’s Ministry of Public Works (MOP) is keen to see widening work for Ruta 68, a route currently operated by Abertis. However MOP has not revealed if it intends to buy back the Ruta 68 contract from the operator and then put the highway back out to tender, with the new deal then including the widening work. It may prove simpler to strike a new deal with Abertis that includes the necessary highwa
July 13, 2016 Read time: 1 min
Key highway links in Chile are likely to see upgrading, although the operation of the links could change. The country’s Ministry of Public Works (MOP) is keen to see widening work for Ruta 68, a route currently operated by 5729 Abertis. However MOP has not revealed if it intends to buy back the Ruta 68 contract from the operator and then put the highway back out to tender, with the new deal then including the widening work. It may prove simpler to strike a new deal with Abertis that includes the necessary highway upgrade.

Meanwhile interest is strong in Chile’s Americo Vespucio Oriente 2 motorway project (AVO). Abertis and another Spanish firm, Sacyr, are showing interest in this highway and have discussed running it under a partnership arrangement.
Road Structures

For more information on companies in this article

Related Content

  • Delays for Czech highways
    May 30, 2012
    THE NEW highway network currently being built in the Czech Republic will be completed in 2025, five years later than the original planned completion date of 2020. The country’s Transport Ministry has said that €19.55 billion will be needed to extend the total length of the network from the current 1,113km to 2,153km. However,it has pointed out that a new system of funding will be required or there will be a shortfall to pay for the plans by 2020.Various options are being considered at present with bond issu
    Read More
  • Panama plans projects
    March 2, 2012
    Brazilian contractor Odebrecht will carry out a major project in Panama City worth US$778 million.
    Read More
  • Funding for key Russian highway projects
    May 10, 2012
    A notable partnership deal looks set to provide funding for key Russian highway projects. A memorandum of cooperation has been signed between the state-owned Russian Highways (Avtodor) and the European Bank for Reconstruction and Development (EBRD). Under this deal the EBRD may provide loans to Avtodor, redeem bonds, or co-operate on concession agreements. This funding stream will allow Avtodor to implement its key PPP projects. Avtodor and the EBRD have been discussing the highway linking Moscow with St Pe
    Read More
  • Key Argentina highway works planned
    March 2, 2017
    Argentina is planning two new highway projects to widen and improve key sections of Route 40 and Route 33. A US$291 million project will upgrade a stretch of the existing Route 40 to highway status. The two year project will see the widening of the road between Mendoza and San Juan and the construction work will start in the third quarter of 2017. Argentina’s Transport Ministry has said that the project will be funded by the Federal Government. A second stretch of Route 40 will also be widened and upgraded
    Read More

Highlighted Content