Skip to main content

Marão road tunnel construction in Portugal back on track after 2-year halt

The construction of the Marão road tunnel in Portugal will be resumed in the first half of 2014 – ending a two-year suspension of works due to the financial constraints of the winning Somague-led build consortium.
January 22, 2014 Read time: 1 min

The construction of the Marão road tunnel in Portugal will be resumed in the first half of 2014 – ending a two-year suspension of works due to the financial constraints of the winning Somague-led build consortium.

The concession for the tunnel, which, at 5.6km, will be Portugal’s longest road tunnel, is now under the control of the state road agency 1410 Estradas de Portugal. Another investment of €150 million (US$ 202.91 million) is required to complete the major infrastructure works, earmarked for completion in eight to nine months. The finished structure will be part of the A4 motorway between Vila Real and Amarante.

For more information on companies in this article

Related Content

  • Columbia kick-starts Antioquia project with Toyo tunnel financing
    January 6, 2015
    Columbia’s National Infrastructure Agency (ANI) will help finance construction of the Toyo tunnel in Antioquia. The tunnel, nearly 10km-long and costing almost US$760, will be part of a new 39km road between Santa Fe de Antioquia and Canasgordas. The central government will contribute $216 million towards the project, the regional government of Antioquia will contribute $337 million and the Medellin government will pitch in with $212 million.
  • Kazakhstan’s London road show woos consortia for Almaty ring road
    March 2, 2015
    Kazak and EBRD officials visited London to highlight the possibility of a public-private partnership under the country’s revised PPP legal framework. David Arminas reports. To build a road, you go on the road, and that is what Kazakhstan did in London in mid-December. Representatives of more than 100 organisations, a mix of construction companies and financial institutions, attended the roadshow-style presentation to attract foreign capital for BAKAD, the Almaty Ring Road Concession. The message was that Ka
  • Finnish Motorway Finally finished: Finland's M1
    July 23, 2012
    It has taken a long time to complete, but a vital motorway link is open to traffic as Heikki Harri reports After almost 50 years of construction, the M1 motorway linking Helsinki, the Finnish capital city and Turku, the country's old capital in the southwest, is finally completed. It did not take all 50 years of construction but the first section from Helsinki towards the west was constructed in the mid -1960s. Then there was a pause until mid-1990s when the works resumed section by section. The final sect
  • Waskita Karya seeks loan for Pejagan-Pemalang toll road on Java
    January 12, 2015
    Indonesian state-owned construction firm Waskita Karya will seek a bank loan of US$338 million for its work on the Pejagan-Pemalang toll project in central Java island. The project is being managed by Pejagan Pemalang Toll Road, a subsidiary of Waskita Karya. Waskita company secretary Antonius Yulianto Nugroho said the firm has enough cash resources to cover a quarter of its financial commitment on the project and is targeting bank loans to cover the other 75%. Waskita Karya plans to carry out a bond