Major plans for Chilean infrastructure development

A major plan for infrastructure is being put forward for Chile. Chile's Construction chamber (CChC) has presented a plan for some US$40 billion in infrastructure improvements to the new Chilean Government. The CChC has highlighted the concession model as being the most effective tool for encouraging private investment in infrastructure. The CChC suggests that Chile has a critical need for infrastructure development, but a serious shortfall of public funds according to a report by Business News Americas. Roa
March 14, 2014 Read time: 2 mins
A major plan for infrastructure is being put forward for Chile. Chile's Construction chamber (CChC) has presented a plan for some US$40 billion in infrastructure improvements to the new 968 Chilean Government. The CChC has highlighted the concession model as being the most effective tool for encouraging private investment in infrastructure. The CChC suggests that Chile has a critical need for infrastructure development, but a serious shortfall of public funds according to a report by Business News Americas. Road, bridges, tunnels airports and other transport infrastructure such as rail, bus and metro systems have all been highlighted by the CChC. The proposals call for a phased introduction of infrastructure upgrades over a 25-40 year period.

The last Chilean Government set out a programme of infrastructure improvements worth some $7.4 billion, with work now underway on projects including the Chacao Bridge, the Agua Negra Tunnel connection with neighbouring Argentina and a section of the Américo Vespucio Oriente expressway. Work will start on upgrades to capital Santiago’s international airport as well as another section of the Américo Vespucio Oriente expressway. There has been recognition of the need for work to improve rural roads also.
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