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

  • Kazakhstan’s London road show woos consortia for Almaty ring road
    March 2, 2015
    Kazak and EBRD officials visited London to highlight the possibility of a public-private partnership under the country’s revised PPP legal framework. David Arminas reports. To build a road, you go on the road, and that is what Kazakhstan did in London in mid-December. Representatives of more than 100 organisations, a mix of construction companies and financial institutions, attended the roadshow-style presentation to attract foreign capital for BAKAD, the Almaty Ring Road Concession. The message was that Ka
    Read More
  • Australian state government does a deal with East West Connect
    April 15, 2015
    The state government of Victoria in Australia will pay the East West Connect consortium US$258 million to cancel construction of Melbourne’s East West Link road tunnel. The payoff is to cover the consortium's bidding, design and pre-construction costs and draw a line under the deal that has been mired in financial controversy for years. The federal government slammed Victoria’s decision to bail out of the project as “an obscenity’’ that will cost 7000 jobs, according to a report in The Australian news
    Read More
  • Morocco’s new motorway links are boosting connectivity
    December 16, 2014
    Morocco’s massive motorway construction programme will improve transport connections and boost this North African country’s economy - Mike Woof reports A massive road building programme is transforming Morocco, with new motorways connecting cities and major towns, as well as many new rural roads being built. The Moroccan Government has set an impressive plan for its infrastructure investment that will see even the country’s small and remote villages having proper connections to the main road network. The
    Read More
  • Chilean road concession plan
    August 3, 2020
    Chilean road concession opening for tender.
    Read More

Highlighted Content