Chile's Ministry of Public Works has revealed that work on the Vespucio Oriente highway will now cost US$2 billion.
March 1, 2012
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906 Chile's Ministry of Public Works has revealed that work on the Vespucio Oriente highway will now cost US$2 billion. The complexity of the project is the cause for the cost increase. The tender process for the project should commence by mid-2012. The project will be for a 13km length and much of it will run underground, with the route crossing seven districts. Work is expected to begin in 2014.
The tender process is commencing for the Américo Vespucio Oriente expressway (AVO) in Chilean capital Santiago. The US$940 million tender is due to be awarded in February 2014. The 9km highway link will connect El Salto with Príncipe de Gales Avenue and will feature three lanes running in either direction, with a design speed of 80-100km/h. An underground section of this urban highway looks likely to be constructed using the New Austrian Tunnelling Method (NATM) while it may also include a section in an ope
Chile’s congested capital Santiago is set to benefit from the construction of a key route that will help reduce journey times and improve traffic flow, particularly at peak periods. The tender process will open shortly for the Americo Vespucio Oriente (AVO) highway in Santiago, a 9.3km highway connection that will include the construction of a tunnel under the San Cristobal area.
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. A
The Chilean Government is planning a series of major highway projects with the Ministry of Public Works (MOP) managing the works. The plans call for 14 concessions worth a total of US$3.74 billion to be awarded by January 2018. The second stage of Americo Vespucio Oriente highway (AVO 2) is costing $800 million and is a priority project. This has been delayed already and opening of the route is now expected for 2022. Five regional highways are also opening for tender, including the Ruta G-21 road link, whic
