Chile requires transport investment

Chilean construction organisation CChC has published a study saying the country needs to spend some US$12.5 billion on road upgrades and construction over the next 10 years. This is because the country’s vehicle numbers are increasing, according to Business News Americas. The report says that Chile needs to expand its road network by 12,500km to 90,000km by 2023 to keep pace with the growing volume of traffic. Some 4,000km of the proposed new road should be highway or toll road, according to the study. To r
May 13, 2014 Read time: 1 min
Chilean construction organisation CChC has published a study saying the country needs to spend some US$12.5 billion on road upgrades and construction over the next 10 years. This is because the country’s vehicle numbers are increasing, according to Business News Americas. The report says that Chile needs to expand its road network by 12,500km to 90,000km by 2023 to keep pace with the growing volume of traffic. Some 4,000km of the proposed new road should be highway or toll road, according to the study. To reduce congestion however, the study says that Chile would have to double the size of its road network to 155,000km. The country’s vehicle fleet is expected to grow from 3.9 million in 2013 to 4.5 million by 2023.
Road Structures Finance & Funding

Related Content

  • IBTTA - infrastructure investment
    February 17, 2012
    The International Bridge, Tunnel and Turnpike Association (IBTTA) is giving its backing to strong investment in US infrastructure.
    Read More
  • Argentina developing road infrastructure and road maintenance
    June 13, 2016
    Argentina has set out plans for a major refurbishment of much of its dilapidated road network. The work will take four years to complete and involves building 2,800km of highways as well as 4,000km of trunk roads. This is a substantial programme of works, which should also deliver around 35,000 much-needed jobs. The Ministry for Transport has drawn up the schedule work the programme, which is expected to cost in the region of US$14.43 billion. The country’s total road system stretches for some 182,000km
    Read More
  • Vietnam's future investment
    March 15, 2012
    A huge investment by Vietnam’s Ministry of Transport will see over US$5 billion spent on the country’s road transport infrastructure by 2020.
    Read More
  • Highway 407 Revisited – smart tollroad extension
    June 7, 2016
    In the late 1990s, World Highways published a supplement on construction of Canada’s Highway 407, the world’s first all-electronic toll road. But how successful has it been? David Arminas reports from Toronto The head office for 407 ETR Concession Company is a low-rise building next to exit 59, just north of Toronto, Canada’s economic powerhouse. The building may be non-descript but inside is the advanced technical heart of Highway 407 ETR – Express Toll Route. It houses the latest toll monitoring techno
    Read More

Highlighted Content