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

  • Late delivery for Lagos to Ibadan highway upgrade
    November 22, 2018
    Completion of the Lagos to Ibadan highway upgrade in Nigeria will not occur until 2021. The improvement work was initially to have been delivered by 2017. However a string of delays to the work have resulted from insufficient funds and from contractors leaving the jobsite. The current Nigerian Government has now cleared the debts for the project. Around 50% of the highway upgrade has been carried out so far. The contractor Reynolds Construction Company is working on a section from the Sagamu Interchange to
    Read More
  • Ghana-China road deal settled
    January 28, 2019
    The agreement between Ghana and China over a road construction project has been settled. The deal will see Ghana effectively trading bauxite from a mining operation with a Chinese firm, which will build road links in the West African nation. The deal is called the Sinohydro Bauxite Barter Arrangement and has been set up with Ghana’s Government. Ghana will supply the firm with around 5% of its refined bauxite production under the agreement. Construction work is commencing on the first stage of the project,
    Read More
  • Middle East funding for Indian roads
    February 15, 2016
    Funding from the Middle East looks set to help develop new Indian highway projects. Some $15.6 billion from the Abu Dhabi Investment Authority (ADIA), a UAE-based sovereign wealth fund, will be directed towards highway projects in India. This will be used for 50 highway projects in India on a toll-operate-transfer (TOT) basis. The Indian Government is planning to award 104 highway projects under the TOT model that will allow investments by private equity firms, infrastructure developers and institutional in
    Read More
  • Linking Kenya and Uganda with a new road project
    May 10, 2018
    An upgraded road link will improve transport between Uganda and Kenya - Shem Oirere reports Rainfall patterns and type of soil in an agricultural rich area shared by the neighbouring East African countries of Kenya and Uganda was a key consideration in arriving at the decision to upgrade to bitumen standards 73km of the 118km Kapchorwa-Kitale road that links the two countries. Initially, Uganda had proposed to have the road between Kapchorwa and Suam on its border with Kenya re-gravelled and widened to a
    Read More

Highlighted Content