Skip to main content

New highway project for Venezuela

A Portuguese contractor is now commencing work on a new highway in Venezuela. The US$4.76 billion project is being handled by contractor Teixeira Duarte. The highway work is for a new link from la Guaira to capital Caracas. The Caracas–La Guaira highway connects capital Caracas, to the port city of La Guaira, capital of Vargas state, as well as Simón Bolívar International Airport. The coastal link has had some technical issues and new sections have had to be constructed.
January 21, 2014 Read time: 1 min
A Portuguese contractor is now commencing work on a new highway in Venezuela. The US$4.76 billion project is being handled by contractor 7388 Teixeira Duarte. The highway work is for a new link from la Guaira to capital Caracas. The Caracas–La Guaira highway connects capital Caracas, to the port city of La Guaira, capital of Vargas state, as well as Simón Bolívar International Airport. The coastal link has had some technical issues and new sections have had to be constructed.

For more information on companies in this article

Related Content

  • Colombia’s infrastructure development
    December 5, 2013
    Colombia is benefiting from heavy investment in infrastructure that is helping boost the country’s economy. At the same time, tough policies have also reduced crime considerably and helped stabilise economic development. This process of economic growth and overall stabilisation looks set to continue as the Colombian Government has recently unveiled its plans for highway construction over the next 10 years. This infrastructure programme is also tipped to raise demand for surety products owing to government c
  • Vietnam’s North-South Expressway sections
    March 24, 2025
    Key sections of Vietnam’s North-South Expressway are nearly complete.
  • Bechtel and Enka win highway contract for Kosovo
    July 2, 2014
    Bechtel and its joint-venture partner Enka have won a contract to build a 60km highway connecting Kosovo’s capital Pristina with neighbouring Macedonia. The new Route 6 highway will help improve Kosovo’s transport links, a highly important factor for the future economic development of this small, landlocked nation. Bechtel-Enka previously constructed Kosovo’s Route 7 highway, which was completed in November 2013, a whole year ahead of schedule. The Route 7 highway with Morina on the Albanian border through
  • Colombian highway projects under development
    June 29, 2018
    A finance package has been secured in Colombia for the Autopista al Mar 1 highway project. A loan worth close to US$206 million is being provided by the national development bank, Financiera de Desarrollo Nacional (FDN). The highway forms part of Colombia’s 4G infrastructure development plan and the finance package will be provided in three separate tranches. The construction work is being carried out by a consortium comprising Strabag, Concay and Sacyr Concesiones. The project will upgrade the 71km