Skip to main content

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.

For more information on companies in this article

Related Content

  • Thirst for Infrastructure: The Belt & Road Initiative
    November 8, 2017
    Susanna Zammataro, IRF Geneva, writes: The China Highway and Transportation Society (CHTS) – an esteemed member of IRF – will be hosting a special Session on the Belt and Road Initiative during the IRF World Meeting in Delhi, 14th-17th November 2017. Last May, president Xi Jinping welcomed 28 heads of state and government to Beijing to celebrate the “Belt and Road” initiative, an ambitious plan in terms of infrastructure development, but also in terms of foreign policy. Launched in 2013 as “One belt, On
  • Chile-Argentina tunnel loan for bidding
    December 14, 2016
    Further progress is being made with the Agua Negra Tunnel project, which will connect Chile with Argentina. A loan worth US$40 million is being provided by the Inter-American Development Bank (IADB). This loan will help deliver the bidding process for the project. Several bidders are being pre-qualified for the tender process. Construction of the tunnel itself is expected to take eight ant a half years with the work estimated to cost $1.6 billion. The tunnel will provide a safer and more reliable route than
  • Major Indian highway projects
    February 17, 2012
    Planning is underway in India on key highway projects in the states of Gujarat and Rajasthan as well as a new link to connect the latter to capital Delhi.
  • Major bridge widening project going to plan
    May 2, 2012
    When built it was determined that a vital US road/rail bridge would always be widened.