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.
Nicaragua’s Ministry of Transport and Infrastructure (MTI) is setting out its road development programme for 2018. In all the plans call for the construction of 171km of roads. Work will be completed for the road from Mulukuku to Siuna, with the first 23km stretch due to open in September 2018 and the remaining 21.5km expected in December 2018. Meanwhile the road from Nueva Guinea to San Francisco should be complete by November 2018. Work started on these two routes in 2016. The project also calls for
Chile’s busy Route 68 between capital Santiago and the country’s main port of Valparaiso faces an uncertain future. The 110km highway carries heavy traffic volumes and is close to its capacity of 4,500 vehicles/hour at peak periods, with extensive works required to improve the route. The work to upgrade Route 68 is expected to cost up to US$170 million, with eight sections of the highway in particular need of attention. The tender process for the upgrade work will open shortly.
The Chilean Government opt
