Skip to main content

Chile’s Chacao bridge project generates just one consortium technical bid

Only one consortium has submitted a technical bid in the tender for a project to build the Chacao bridge in Chile. The bridge will link Chiloe island with Chile’s mainland Los Lagos region. The Chilean government has earmarked a maximum project budget of US$740 million. The consortium that has submitted the technical bid, which would see the construction of a four-lane bridge, is made up of Hyundai of South Korea, Systra of France, Brazilian company OAS and Aas-Jakobsen of Norway. The consortium has
November 8, 2013 Read time: 1 min
Only one consortium has submitted a technical bid in the tender for a project to build the Chacao bridge in Chile.

The bridge will link Chiloe island with Chile’s mainland Los Lagos region. The 968 Chilean Government has earmarked a maximum project budget of US$740 million.

The consortium that has submitted the technical bid, which would see the construction of a four-lane bridge, is made up of 236 Hyundai of South Korea, 5549 Systra of France, Brazilian company OAS and Aas-Jakobsen of Norway. The consortium has also submitted ITS economic offer, which will be announced during the first week of December 2013. A final decision will be announced in the first quarter of 2014, with construction works due to begin in 2015 and reach completion in 2019.

For more information on companies in this article

Related Content

  • Construction to start on Chile’s key bridge project
    January 23, 2018
    Construction is to commence on Chile’s key Chacao Bridge contract shortly. This comes after many delays over the years, including the previous cancellation of the project. The South Korean firm Hyundai has the contract to build the structure and has been given approval for a change to the design and construction contract by Chile’s General Comptroller. This development will pave the way for the first five of 24 phases in the bridge’s construction. Final approval for the technical requirements and the contra
  • US$1.3 billion Chilean road tender delayed
    June 19, 2024
    The tender for a US$1.3 billion Chilean road project is being delayed.
  • Hyundai looking for new partner for Chilean bridge deal
    March 21, 2016
    South Korean firm Hyundai is looking for a new partner to join the consortium that will construct Chile’s Chacao Bridge. The project has been planned for some years, having been cancelled once previously, and will connect with Chiloe Island, replacing the current ferry service. The new partner for the consortium would take the place of Brazilian firm OAS, which is currently embroiled in legal difficulties due to an ongoing investigation in Brazil. The aim is that a new partner could buy out the 49% stake in
  • Chile authorities present US$ 740mn project for Chacao bridge
    May 25, 2012
    Chile public authorities have presented an amended version of the Chacao bridge project, that will link Chiloe island with the mainland. Works for the 2.6km bridge will be assigned through a public competition and will cost up to US$ 740million, over US$ 200million less that the initial project presented by Puente Chiloe. The tender will be launched by the end of 2012 and should be assigned in 2013. The project is due for completion by 2019.