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.
A key bridge project is expected to commence in Chile in January 2016. This will be for the second Bicentario Bridge, as well as a number of connecting roads that will link San Pedro de la Paz and Concepcion in Biobio. Construction of the second Biobio Bridge has been delayed due to an earlier tender award being cancelled. The first bridge has already been completed. According to Chile’s Ministry of Public Works (MOP), four firms have placed bids to build the second Bicentenario Bridge and the aim is to hav
National Highways’ Road Investment Strategy for England’s strategic roads has committed to upgrading many the remaining single carriageway sections of the A303.
Competition is strong in the tender process for a highway project in Florida. The contract is to design, construct, finance, operate and maintain the interstate I-4 highway and the investment required for the project is expected to exceed US$1.95 billion. The tender is being held by the Florida Department of Transport through a public-private partnership. The project includes the reconstruction of 35km of the I-4 and the revamped route will feature four tolled lanes. Spanish firms OHL and FCC are partnering
