Spanish firm keen to develop Chilean projects

Spanish infrastructure firm Abertis is keen to develop a series of projects in Chile. In all the projects are worth over US$900 million. Abertis has presented these projects to Chile's Ministry of Public Works. This move follows the acquisition by Abertis of the remaining 50% stock holding in the country's Autopista Central motorway concession. This was bought from Canadian fund manager Alberta Investment Management (AIMCo) for over $1 billion.
February 2, 2016 Read time: 1 min
Spanish infrastructure firm 5729 Abertis is keen to develop a series of projects in Chile. In all the projects are worth over US$900 million. Abertis has presented these projects to Chile's Ministry of Public Works. This move follows the acquisition by Abertis of the remaining 50% stock holding in the country's Autopista Central motorway concession. This was bought from Canadian fund manager Alberta Investment Management (AIMCo) for over $1 billion. The projects Abertis is presenting to Chile's Ministry of Public Works involve improvements to the local roads that it currently controls. These projects are expected to be carried out over a five year period. The projects include the construction of third lanes on Ruta 68 and Ruta 78, works on Autopista Central's Quilicura junction and transforming Los Libertadores highway into an urban road from Santiago to Colina. This last project will also include the installation of a free flow toll system.
Road Structures Highway & Network Management Finance & Funding

For more information on companies in this article

Related Content

  • 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
  • East End Crossing Project—Availability payment P3 in action
    July 14, 2017
    Indiana exercised its authority to use a P3 contract when it partnered with Kentucky for new bridges across the Ohio River. Barney Allison and John Smolen* explain the groundbreaking availability payment deal. Earlier this year, traffic began rolling over the new tolled Lewis and Clark Bridge spanning the Ohio River from northern Kentucky to southern Indiana. The cable-stayed bridge is part of the award-winning Ohio Bridges Project to untangle traffic within the greater metropolitan area of Louisville, Kent
    Read More
  • Border crossing boost for Chile and Argentina
    February 24, 2012
    The authorities in Chile and Argentina are discussing upgrades that can be made to several border crossings between the two countries.
    Read More
  • Morocco’s new motorway links are boosting connectivity
    December 16, 2014
    Morocco’s massive motorway construction programme will improve transport connections and boost this North African country’s economy - Mike Woof reports A massive road building programme is transforming Morocco, with new motorways connecting cities and major towns, as well as many new rural roads being built. The Moroccan Government has set an impressive plan for its infrastructure investment that will see even the country’s small and remote villages having proper connections to the main road network. The
    Read More

Highlighted Content