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.
Chile has shelved a proposal for a new road route between the inland capital of Santiago and the Pacific Ocean port of Valparaiso through the mountain called La Dormida.
The new route, proposed by Grupo Costanera, would have needed a 68km tunnel through La Dormida.
Chile’s Ministry of public works was considering a single investor for a package that would have included upgrades to the existing Route 68 between the two cities and also a new route. However, these two projects will remain separate and be
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