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.
Strong interest from a wide array of contractors has been shown in the project to construct the Chacao Bridge in Chile. In all some 47 sets of terms and conditions have been sold in the pre-qualification process for the tender to design and construct the Chacao Bridge. When complete the bridge will link Chiloe Island with the mainland of Chile, in the Los Lagos region. Chile’s Ministry for Public Works is now evaluating the companies/consortia that meet the requirements to build the bridge. The contract wil
Official data from Hunan Province, Hubei Province and Fujian Province in China reveal major infrastructure investment plans. Hunan Province will invest US$10.92 billion (CNY 66 billion) on transportation in 2014. Construction work will commence on more than 10 highways with a total length of 600km in 2014. Highway projects will account for $6.45 billion (CNY 39 billion) of the total investment. Hunan's rural road developments will involve an investment of $1.24 billion (CNY 7.5 billion) and a total length o
Pre -feasibility studies are commencing for a new tunnel project in Colombia capital Bogota. The tunnel is set to link Bogota’s north side with La Calera and the studies should be completed by April 2014. The project is expected to cost in the region of US$198.76 million to construct and will be for a 4.5km tolled tunnel. The project will be challenging however and will take up to four years to complete. The route will run from Street 170 in northern Bogota, linking the Perimetral Oriental ring road that is
China's Ministry for Transport reveals that it beat its target for upgrading rural roads during 2009. Some 381,000km of rural roads were improved, beating the target of 300,000km by a considerable margin.
