Chilean highway sale delayed, due to earthquake

The planned sale of the Autopista Central tolled highway in Chile is being delayed following the country's recent severe earthquake.
February 9, 2012 Read time: 1 min
The planned sale of the Autopista Central tolled highway in Chile is being delayed following the country's recent severe earthquake. The highway is owned at present by Swedish firm 2296 Skanska, which earlier announced that it would put the Autopista Central link on the market. An independent traffic study is being carried out at present but its final report has been delayed by 1-2 months. However Skanska still hopes to sell the highway during 2010. Meanwhile the sale of five Chilean highways by Spanish company 930 Cintra will be delayed until the end of 2010. Colombian firm 1311 ISA was intending to buy the highways but damage to the routes will cost some $150 million to repair and this factor is delaying the sale. The costs of repairing the damage is being assessed at present by the insurers.
Asphalt milling, paving & compaction Concrete milling, paving & compaction

For more information on companies in this article

Related Content

  • Chile's road safety drive
    February 23, 2012
    In Chile a serious accident has triggered a major assessment of existing safety regulations.
    Read More
  • Chilean highway upgrades
    May 25, 2012
    In Chile the Colombian highway operator ISA will carry out comprehensive repairs to Ruta 5 before the end of 2010. The company has been criticised by Chile’s Ministry for Public Works (MOP) for constant delays to road repair works following February's earthquake. The MOP threatened ISA with legal action, which prompted the new repair schedule being announced. Meanwhile work is commencing on the construction of 200km of highway near the northern city of Antofagasta in a project worth around US$320 million. T
    Read More
  • Chilean earthquake presents big infrastructure bill
    February 8, 2012
    Estimates now suggest that repairs to Chile's earthquake damaged infrastructure will cost the country's government in the region of US$1.2 billion. Meanwhile private highway operators are expected to pay an additional $200 million for repairs to links they manage.
    Read More
  • Earthquake rocks Chilean highways
    May 31, 2012
    Chile's highway system has fared remarkably well considering the severity of the massive earthquake that struck the country a few days ago. This is a crucial factor in ensuring that emergency help, food and other aid can reach the worst affected area in the south of the country quickly. The Vespucio Norte highway collapsed and while the Costanera Norte route was slightly damaged, the Vespucio Sur and Autopista Central highways were unaffected.
    Read More

Highlighted Content