Ecuador planning PPP projects for infrastructure

Ecuador is planning a series of four PPP infrastructure projects worth a total of US$1.5 billion. The four projects include the development of the port of Posorja, which will be financed by the private company involved. Two other projects are for the development of the port of Machala and the Rio 7 highway in Huaquillas, both of which are located in El Oro province. New regulations and laws are being established for the PPP plan to go ahead.
August 26, 2015 Read time: 1 min
Ecuador is planning a series of four PPP infrastructure projects worth a total of US$1.5 billion. The four projects include the development of the port of Posorja, which will be financed by the private company involved. Two other projects are for the development of the port of Machala and the Rio 7 highway in Huaquillas, both of which are located in El Oro province. New regulations and laws are being established for the PPP plan to go ahead.
Road Structures Finance & Funding

Related Content

  • Delay for tenders on key Colombian highways
    April 28, 2014
    The tender process has been extended for three highway concession packages in Colombia, according to Business News Americas. The country's national infrastructure agency (ANI) has extended the bid deadlines for the Pacífico 2 (Bolombolo-La Pintada), Pacífico 3 (La Pintada-La Virginia) and Río Magdalena 2 (Remedios-Puerto Berrío) projects. The three highway concessions are worth a total of US$1.2 billion and form part of Colombia’s Autopistas para la Prosperidad highway programme. ANI opted to delay the tend
    Read More
  • Tackling Florida highway congestion
    October 4, 2016
    Congestion is a major problem in certain areas of US state Florida. Large number of commuters and tourists means that central Florida’s Interstate 4 (I-4) highway suffers particularly from congestion. Its proximity to Disneyland means that the traffic often comes to a complete standstill.
    Read More
  • Tackling Florida’s highway congestion
    August 5, 2016
    Congestion is a major problem in certain areas of US state Florida. Large number of commuters and tourists means that central Florida’s Interstate 4 (I-4) highway suffers particularly from congestion. Its proximity to Disneyland means that the traffic often comes to a complete standstill. A 2012 report from the Texas Transportation Institute ranked Orlando 13th in the US for traffic congestion, with more than 1.5 million daily trips on I-4. The report estimates that each frustrated commuter wastes about 45
    Read More
  • Ecuador: Road contracts to World Bank blacklisted firm
    June 1, 2012
    Ecuador’s Ministry of Transport and Public Works (MTOP) has signed a contract with World Bank blacklisted China Road and Bridges Corp (CRBC) to carry out road projects worth a combined US$55.52million. CRBC has been blacklisted by the World Bank since January 2009 for acts of corruption in the Philippines. It means CRBC cannot enter any tenders which involve WB funds until 12 January, 2017. CRBC will also take part in the Manta port tender, which will be awarded in January 2013.
    Read More

Highlighted Content