Skip to main content

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.

Related Content

  • India’s US$268.4 billion transport infrastructure plan
    July 3, 2024
    India has a massive US$268.4 billion transport infrastructure plan.
  • Over 1/3rd of US bridges needing repair or replacement
    April 15, 2020
    Over 1/3rd of US bridges are needing repair or replacement according to a new report.
  • New Malaysian highway to cut congestion
    April 22, 2014
    The new Kinrara-Damansara Skyway (Kidex) being planned for Malaysia is expected to help reduce traffic congestion. A study carried out by SKM-CB Colin Buchanan-Sinclair Knight Merz in 2011 indicated that the highway will be able to lower travelling time between Damansara and Kinrara by 25%. Meanwhile the volume of traffic in both directions from Puchong to Petaling Jaya will be lessened by 50%. From Taman Tun Dr Ismail, from Bandar Utama to Petaling Jaya and from the New Klang Valley Expressway (NKVE), traf
  • VDMA reports steady German equipment sector
    February 14, 2013
    Steady financial performance is claimed for the German equipment producers in 2012, according to the manufacturing association VDMA. The German construction equipment and building material machinery industry generated €12.5 billion in turnover during 2012 according to the latest results. Of this, construction equipment accounted for €7.9 billion, while €4.6 billion of business came from the building material, glass and ceramics machinery sector. This is a nominal decrease of around 1% compared to 2011. Afte