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.
Plans are progressing on a major tunnel project in Peru. The concession for the La Molina tunnel project in Lima has been awarded to Spanish firm OHL. The project will cost US$521 million. The 12.2km project includes building the 1.5km tunnel as well as sections of road and a number of viaducts. The new route will connect the districts of La Molina and Miraflores and will run through Surco, Surquillo and San Borja. OHL Concesiones Peru will carry out the technical studies for the project in 2017. Constructi
The tender process for the second section of Paraguay’s bi-oceanic highway project is commencing in mid-2019. This 573km stretch of highway is being offered in two sections, with financing likely to come from international banks. The consortium Consorcio Corredor Vial Bioceanico is handling the first section of the project, which is costing around US$443.4 million. The second section of the route is expected to cost $800 million. The third stretch of the route will be complex as it includes a new bridge spa
Travelling in one of the world's most diverse regions is not always easy, but spectacular engineering feats will make life easier as Patrick Smith reports. Five years ago a report from the World Bank noted that infrastructure in most of Latin America and the Caribbean (LAC) had improved over the previous ten years.
The Kosovan Government has ambitious plans and aims to have finished building the new Route 6 highway linking with Macedonia as well as rebuilding the existing national roads during the next four years. The Kosovan Transport Ministry has said that the tender process for the Macedonia link will open in 2012 while the work will commence in 2013 and the road is expected to be complete by 2014.
