Chilean deal

Skanska is preferred bidder to develop the Antofagasta Toll Road in Chile under a PPP model. The firm has beaten tough competition for this project and says it will not require government subsidies for the work, which is due to commence in 2011.
February 6, 2012 Read time: 1 min
2296 Skanska is preferred bidder to develop the Antofagasta Toll Road in Chile under a PPP model. The firm has beaten tough competition for this project and says it will not require government subsidies for the work, which is due to commence in 2011. The project is expected to cost US$300-350 million and also attracted bids from Concesiones Viarias Chile Tres (Dragados); Consorcio Vial Chile (2313 Besalco, 2315 Icafal and 2317 Belfi) and Consorcio Azvi Chile Copasa. Design and construction will be carried out by Skanska Latin America and the project will comprise some 120km of new lanes, upgrading of about 200km as well as service roads and intersections. The route is located in the mining district in northern Chile and is of key commercial importance to the country. The mining industry is a cornerstone of the strong Chilean economy and fast links to the country's copper mines are vital.
Highway & Network Management

For more information on companies in this article

Related Content

  • Australia's huge transport investment
    February 29, 2012
    The Australian Government is allocating additional funding to renew its infrastructure and to improve transport in the major cities work in its 2011-12 budget.
    Read More
  • Turkey is investing in new motorway and bridge projects
    May 29, 2013
    Turkey is benefiting from new motorway and bridge projects constructed along the BOT model - Gülay Malkoç. Looking at Turkey’s economic development, road construction plays a crucial role. The investment in Turkey is becoming increasingly attractive for both local and foreign investors. There are significant huge road investments and projects being made in Turkey at present, compared with EU countries where the roads need mostly repair and maintenance. According to the approach of Turkey’s Ministry of Trans
    Read More
  • Chilean highway upgrade planned
    January 13, 2022
    A key Chilean highway upgrade is being planned.
    Read More
  • New ring road to solve problem of traffic jams in Ukraine capital Kiev
    May 10, 2018
    Ukraine’s capital Kiev will benefit from a new ring road – Eugene Gerden writes The government of Ukraine, together with the authorities of the Ukrainian capital Kiev, plans to invest up to US$2 billion in the building of a new ring road around the city. The new road, known as the Great Ring Road, will be around 200km long, of which 65km will be of existing roads and 148km of new roads. The ring road will connect three international transport corridors that run through the territory of Ukraine, as well
    Read More

Highlighted Content