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.
In China a new 88km highway is planned that will connect Chengde with capital Beijing. The highway will connect Chengde in Hebei Province to Beijing's Pinggu district. The project will cost some US$1.32 billion. The route will feature a design speed of 100km/h. Construction work on the Chengde section of the highway is due to commence in 2014.
Construction work is underway on Vietnam’s North-South highway project. A 654km stretch of the route is being built at present, with this work costing US$5.1 billion. Clearance work for other sections of the North-South highway is due co commence. In mid-2019, construction work is due to start on three sections, while tendering will open for eight PPP projects that will for stretches of the North-South highway.
Construction is underway for Argentina’s new Mendoza-San Juan Highway – Mauro Nogarin reports
The rehabilitation and maintenance works of more than 3,300km of routes is now underway in Argentina. This followed on after the takeover of six new road corridors under the Public-Private Partnership (PPP) model, which took place in August 2018.
The rehabilitation and maintenance works are being carried out prior to the start of the main projects, which will include the construction of highways. Building these
