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

  • Increased infrastructure spending
    February 22, 2012
    With economies booming in the BRIC countries and other regions, spending on infrastructure is at a high - Patrick Smith reports As economic crisis grips much of the world, many countries are still spending billions on infrastructure to improve transportation. While the USA and Europe struggle with debt problems (and this has affected much of the rest of the world) the development of highways, airport, ports and other infrastructure is gathering pace in other regions to boost economic developments.
    Read More
  • Projects planned for Colombia’s highway connections
    March 10, 2014
    From Colombia comes news of a US$13.4 billion funding package that will be directed towards the construction of nine highway projects. This package of works includes construction and concessions for a series of highways, which will be carried out under the PPP model. These include the Conexión Norte, Autopista al Río Magdalena 1, Autopista al Río Magdalena 2, Autopista al Mar 1 and Autopista al Mar 2. They also include the Autopista Conexión Pacífico 1, Autopista Conexión Pacífico 2 and Autopista Conexión P
    Read More
  • Florida highway rebuild project
    May 2, 2018
    Rebuilding a congested stretch of highway in Florida will cut congestion and boost safety for commuters - Mike Woof writes. Florida’s 214km-long I-4 highway provides a key transport route between Tampa and Daytona Beach, but has an unenviable reputation for both congestion and safety, with frequent delays due to heavy traffic as well as crashes. The stretch running through the city of Orlando is particularly prone to jams at peak periods, with huge traffic volumes resulting in vehicles having to slow to a c
    Read More
  • Mega city transport in Mexico
    June 13, 2012
    Rapid urban growth is resulting in massive mega cities with major transport needs and Mexico City is one of the world’s largest – Mike Woof reports Mexico City is a vast, sprawling metropolis and one of the world’s largest cities, resulting in huge problems for its inhabitants, particularly with regard to infrastructure. Measuring population size is an inexact science for large cities as suburban areas can add to the figures considerably, especially in developing nations where unplanned expansion is as comm
    Read More

Highlighted Content