New Chilean highway opening

A major new highway link in Chile is now open to traffic. Sacyr Concesiones opened the 103.4km highway that connects the cities of Concepción and Cabrero. The link is located in Chile’s Bio Bío Region and cost US$360 million to develop, while it is expected to generate some $1.027 billion throughout the length of the concession period. Work to build the highway started in June 2012 and the link is intended to improve connectivity between Concepción and Cholguán in the Bio Bio Region, and will also join w
August 25, 2016 Read time: 2 mins
A major new highway link in Chile is now open to traffic. 3959 Sacyr Concesiones opened the 103.4km highway that connects the cities of Concepción and Cabrero. The link is located in Chile’s Bio Bío Region and cost US$360 million to develop, while it is expected to generate some $1.027 billion throughout the length of the concession period.

Work to build the highway started in June 2012 and the link is intended to improve connectivity between Concepción and Cholguán in the Bio Bio Region, and will also join with the 5 South Route. The highway crosses the province of Concepción, Bio Bío province, and the province of Ñuble.

The improved road infrastructure will help lower travel times, boost safety and connectivity, providing a fast connection between its regional capital and the centre and south of the region.
Road Structures

For more information on companies in this article

Related Content

  • Increasing importance of alternate truck routes
    February 14, 2012
    The fabled Silk Route from China to Europe takes many forms, and is again becoming increasingly important as Patrick Smithreports The ancient Silk Road was never a single caravan route, but covered hundreds of kilometres in width extending in length for around 10,000km. This is the view of the European International Road Transport Union (IRU), and many other countries and organisations, who point out that it is a system of routes covering many countries via a series of branch roads that dates back some 2
    Read More
  • A new tunnel project for Turkey is a significant move
    December 12, 2012
    The European Bank for Reconstruction and Development (EBRD) is supplying a finance package worth US$150 million for the new Bosphorus crossing project in Turkey. Running under the Bosphorus at Istanbul, the new tunnel will connect both European and Asian sides of the city. The EBRD’s $150 million loan completes $1.4 billion worth of financing required for the Eurasia Tunnel project, being built under the Bosphorus straits. Other components of the $1.4 billion financing package for this PPP project include a
    Read More
  • 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 road tunnels for Chile’s capital
    October 21, 2021
    New road tunnels are being planned for Chile’s capital, Santiago.
    Read More

Highlighted Content