Key highway upgrade for Chile under consideration

Chile’s Ministry of Public Works is investigating its options with regard to an alternative road to Route 68. The road connects capital Santiago with the country's fifth region. The new road is one of several projects listed in the road concessions packages set out by the Ministry of Public Works for 2020. An upgrade to this road link is required as Route 68 suffers heavy congestion at peak periods and particularly over long weekends or holidays. The project could cost in the region of US$200 million in all
July 9, 2014 Read time: 1 min
Chile’s Ministry of Public Works is investigating its options with regard to an alternative road to Route 68. The road connects capital Santiago with the country's fifth region. The new road is one of several projects listed in the road concessions packages set out by the Ministry of Public Works for 2020. An upgrade to this road link is required as Route 68 suffers heavy congestion at peak periods and particularly over long weekends or holidays. The project could cost in the region of US$200 million in all according to estimates, although a definitive budget for the necessary work has yet to be revealed. As well as design and construction this sum will include the cost of the necessary environmental impact, engineering and feasibility studies.
Road Structures

Related Content

  • Colombia highway – financing secured
    March 21, 2019
    The complete financing for the Autopista al Mar 1 highway project in Colombia has now been secured. Loans of US$713 million from eight banks, seven of which are international institutions, will pay for the PPP project. Firms involved in the project include the Austrian contractor STRABAG and the Spanish firm Sacyr, as well as the local company CONCLAY. Construction work is well underway for the project, which is around 30% complete. Once the highway opens for traffic, it will improve transport and trade in
    Read More
  • New Central Ring Road around Moscow to be built by 2018
    September 30, 2013
    Eugene Gerden evaluates Moscow’s new ring road mega project The Russian government plans to complete implementation of one of the most ambitious projects in the country’s road building industry in recent years, which involves construction of The Central Ring Road around Moscow by 2018. The new road should be built by the next presidential elections, while its length will be 339km. It is expected to be comprised of five sections and will be located 50km away from Moscow Ring Road, a ring road encircling the
    Read More
  • EU Commission adopts plan for €50 billion boost to European networks
    May 2, 2012
    The European Commission has tabled a plan which will fund €50 billion (US$68.7 billion) worth of investment to improve Europe's transport, energy and digital networks. It has also announced the Europe 2020 Project Bond Initiative which will be one of a number of risk-sharing instruments upon which the facility may draw in order to attract private finance in projects.
    Read More
  • New road projects started in Saudi Arabia
    December 11, 2018
    In Saudi Arabia work is being planned for nine separate road projects worth a total of US$400 million All of the projects are located in Saudi Arabi’s Eastern Region. The Saudi Arabian Government is investigating the potential for the new King Hamad Causeway project to be carried out under the PPP model. This would include the potential for funding being delivered by international sources. The feasibility study for the project should be ready by early 2019. Saudi Arabia's Transport Ministry is also consi
    Read More

Highlighted Content