Skip to main content

Toll road in Argentina attracts bids

Bidding is now in hand for a 1,150km toll road concession project in Argentina. The route will run along Argentina's Atlantic Coast in Buenos Aires Province and the concession will be for a 30 year period.
February 28, 2012 Read time: 1 min
RSSBidding is now in hand for a 1,150km toll road concession project in Argentina. The route will run along Argentina's Atlantic Coast in Buenos Aires Province and the concession will be for a 30 year period. The project is expected to require an investment of some US$2.02 billion and will require major financial backing. However the project has attracted considerable interest, with four large bids having been placed.

Argentinian firm 3307 Electroingenieria, which is building works on 15 road national roads and operates the toll concessions on routes 9 and 34, is one of bidders looking to run the road and toll concession on the Atlantic Coast in Buenos Aires province, including routes 2, 11, 36, 63, 56 and 74. Electroingenieria is working with 3308 Coarco, 3309 Equimaq, JCR, 3310 Burgwardt and CIA for this concession.

For more information on companies in this article

Related Content

  • Spanish toll road refinancing plan announced
    June 30, 2017
    A tolled highway refinancing programme is being established in Spain to address the problem of tolled routes that are now bankrupt.
  • S&P Global Rating: credit stability for toll road operators
    August 14, 2017
    The outlook is generally stable for business conditions and credit quality for toll roads worldwide, according to the latest survey from ratings agency S&P Global.The exception is the US where the overall outlook is “positive”, noted the report S&P Global Ratings' 2017. The 21-page report considers broad economic and industry-specific trends. It looks at economic conditions, demographic trends and geopolitical risks that affect the movement of people and goods. “We expect stable or improving, but still frag
  • A key expressway project is due in Nepal
    July 26, 2012
    The Nepalese Government plans to open a key expressway project to tender. The Ministry of Physical Planning works and Transport Management is inviting bidders to show their interest in the construction of the Kathmandu-Nijgadh-Pathlaiya Terai/Madesh Expressway project. This new road link is intended to be offered under a PPP/BOT model. The 76km expressway is expected to cost US$853 million to construct. A feasibility study has been carried out and the expressway will be designed to meet the Class – A Catego
  • Colombian highway tenders now underway
    February 10, 2015
    In Colombia the tender process is underway for two major highway projects worth a total of US$1.257 billion. The Autopista Mar 1 and Autopista Mar 2 projects are located in the department of Antioquia and the details of the projects were published by Colombia’s national infrastructure agency ANI, reports Business News Americas. These projects number amongst the 10 concessions the Colombian Government is awarding for the second round of its $25 billion 4G national highway plan.