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.
Guatemala is opening the tender process to improve and widen the CA-2 Occidente highway connection between Cocales and Tecun Uman. The Ministry of Communications, Infrastructure and Housing (CIV) is handling the tender for the project. Cocales is located in Guatemala’s Suchitepequez region, while Tecun Uman is in San Marcos.
The highway capacity upgrade has an estimated cost of US$397.2 million to carry out. However, the project has been the subject of some controversy as the Brazilian contractor Odebrec
A highway link to the north of Panama´s capital city that connects with a national park popular with tourists, has now been rebuilt Cement producer and concrete specialist CEMEX carried out a study into the project, to find a cost effective solution. And working with CEMEX, Panama’s Ministry of Public Works began planning for the project in 2015. A 5.7km stretch of the highway has now been improved, with the road structure being built from concrete.
Work is underway securing the finances for key highway projects in Brazil. The tender process for the US$1.72 billio Tamoios Highway project is now underway and the bids are due in mid-May 2014, according to Business News Americas. The project involves a 30 year concession package to operate and maintain the SP-99 Planalto and Serra stretches of the Tamoios highway, connecting the coastal cities of São José dos Campos and Caraguatatuba. The contract also involves 21.5km of road widening along the Serra stre
