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Strong interest is being shown in the construction sector in Chile for the project to build the Chacao Bridge. The tender process is due to open in the first half of 2013 and a large number of contractors, over 30, have already acquired terms and conditions of the works package. The construction project is expected to cost US$740 million. Bidding is expected to close in early 2014 and the winner will be selected and the contract awarded. Work should start in 2015 and the completion date will be in 2019. A
November 27, 2012 Read time: 2 mins

Strong interest is being shown in the construction sector in Chile for the project to build the Chacao Bridge.

The tender process is due to open in the first half of 2013 and a large number of contractors, over 30, have already acquired terms and conditions of the works package. The construction project is expected to cost US$740 million.

Bidding is expected to close in early 2014 and the winner will be selected and the contract awarded. Work should start in 2015 and the completion date will be in 2019. Also in Chile the authorities are working on plans to improve transport links between capital Santiago and the nearby port of Valparaiso.

The Chilean Ministry of Public Works intends to widen the existing Route 68, the main road connecting the Metropolitan and Valparaiso regions. The project will increase the road's capacity by at least 30%. Spanish contractor 5729 Abertis will work on the expansion, which includes includes the construction of a third tunnel in Lo Prado. The tunnel should improve traffic flow around Santiago.

The work also includes construction of a third lane spanning 12km each way between Americo Vespucio and Lo Prado. The work is expected to cost some $365 million to carry out but should help with Santiago’s congestion issues.

In a bid to maintain services and reduce travel times for the Transantiago public transport system, the Chilean government will invest $41.62 million in repairing and upgrading nearly 150km of roads in Santiago. Works are expected to be completed in 2013 and will include 31 different districts across the capital.

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