Chile's Ministry of Public Works has revealed that work on the Vespucio Oriente highway will now cost US$2 billion.
March 1, 2012
Read time: 1 min
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.
Work is now underway in Colombia’s capital, Bogota, on a road rebuild and improvement project. The work is to upgrade the 13km Avenida Guayacanes route. The improved road will provide three lanes of traffic in either direction between Bosa and Kennedy in the city. The work also includes building 12km of cycling facilities. The project is expected to cost in excess of US$139 million and the intended completion date is August 2021.
Kenya is on track to build a new highway connection from the port of Lamu to Isiolo. The project is for a 530km highway and will cost US$620 million, with the route running through Garissa. The final route has yet to be identified but it seems likely that the highway will skirt a number of the country’s protected areas that are subject to tight environmental requirements and on which Kenya relies for much of its tourist trade. The project will be carried out by the Lamu Road Consortium (LRC), which comprise
Climbing costs are afflicting the construction of the key Coatzacoalcos tunnel connection in Mexico. Concesionaria Tunel de Coatzacoalcos is the firm handling the construction and concession for the Coatzacoalcos immersed tunnel. The company claims that costs have climbed 150%, from US$153.23-$383.1 million. Concesionaria Tunel de Coatzacoalcos is controlled by Spanish construction firm FCC Construcciones and says that the climbing costs are caused by delays due to the climate, problems purchasing land and
