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 new road in Bolivia is planned to improve connections between Montero and Yapacani. A loan worth US$122 million for the project is being provided by the Inter-American Development Bank (IADB). Work on this four-lane road is being managed by Bolivia's road company ABC and the tender process is expected to open shortly. The 70km section of road will form part of the new Santa Cruz-Cochabamba highway. At present Bolivia's road network has a total length of 74,831km and this new highway project will help impr
Ultracrete products have been used to tackle two difficult pothole patching problems, at Santiago’s busy airport in Chile and on a coastal highway on the island of Reunion.
The US State of Ohio is planning an increase in spending on road construction for 2010. The authorities intend to increase spending by 30% over previous years to some US$2 billion.
Delays to the project to construct Chile’s Chacao Bridge mean that an additional two years may be required for the work. The work is now being carried out solely by a consortium, Consorcio Puente Chacao, headed by the South Korean contractor Hyundai.
