Skip to main content

Chilean highway cost increase

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.

For more information on companies in this article

Related Content

  • Norway mega-project contract for Fugro
    December 20, 2017
    The largest road project in Norway’s history has seen Fugro win a second major contract from the Norwegian Public Roads Administration (NPRA). The work on the E39 Coastal Highway is for the construction of a 1,100km route from Kristiansand in the south to Trondheim in central Norway. This project is expected cost around €34.4 billion (NOK 340 billion).
  • Taiwan road construction project
    April 15, 2020
    A new road construction project is planned for Taiwan.
  • Chilean highway deals secured by Sacyr
    November 29, 2021
    Sacyr has secured major Chilean highway deals.
  • Chile-Argentina Agua Negra Tunnel progress
    February 16, 2018
    The names of the contractors offering bids for the new Agua Negra Tunnel project connecting Chile and Argentina will be revealed in March 2018. Several firms have already expressed a keen interest in this major engineering project. Contractors that have expressed interest include CRS, a consortium comprising China Railway Tunnel Group and Benito Roggio e Hijos. In addition, Ingenieria y Construccion Sigdo Koppers and OHL are also interested in the project as are the firms Rovella and Condotte. The project