Chile-Argentina tunnel project attracts interest

Interest is strong in the project to build a new tunnel connecting Argentina and Chile. In all 26 firms have entered into the bidding process, joining together to comprise 10 consortia. The project is likely to cost US$1.5 billion, with much of the necessary financing being supplied by the IADB. The consortia include: Astaldi, FCC and Rivas; CCCC and JCR; China Railway Construction and Panedile; Dragados, Techint and Besalco; OHL, Condotte and Rovella; Power China and Sacde; Sacyr Construccion, SK
March 12, 2018 Read time: 1 min

Interest is strong in the project to build a new tunnel connecting Argentina and Chile. In all 26 firms have entered into the bidding process, joining together to comprise 10 consortia. The project is likely to cost US$1.5 billion, with much of the necessary financing being supplied by the IADB. The consortia include: Astaldi, FCC and Rivas; CCCC and JCR; China Railway Construction and Panedile; Dragados, Techint and Besalco; OHL, Condotte and Rovella; Power China and Sacde; Sacyr Construccion, SK Engineering and Construction, Muratori y Cementisti and ICM Sacyr Construccion. They also include: SK Engineering and Construction, Muratori y Cementisti and ICM; Salini Impregilo; Strabag, JCC and Obras Subterraneas Agencia Chile; Sigdo Koppers, China Railway Tunnel and Benito Roggio e Hijos.

Finance & Funding

Related Content

  • Key route upgrades for Scotland
    July 19, 2012
    Major road projects in Scotland will improve the country’s transport connections. Plans are now in hand to fast-track the project to convert the A9 to dual carriageway status along its entire length. The road is a major transport artery to the north of Scotland, connecting the Central Belt in the south with the northern city of Inverness, providing the main gateway to the north of the country. The plans call for the upgrading of the A9 to dual carriageway status between Perth and Inverness. Work on the 5km
    Read More
  • Brazil’s budget cuts threaten the Santos-Guaruja immersed tunnel
    August 18, 2015
    Adjustments to Brazil's budget could pose a threat to the planned immersed tunnel between Santos and Guaruja in Sao Paulo state, local media reported.

    Sao Paulo state had put the project out to tender and had verbal support from the national treasury to borrow up to US$2 billion to finance the project. However, because of the economic crisis, this support has not materialised.

    The tunnel would by 1.7km long, carry six lanes of traffic and be at an estimated depth of 35m.
    Read More
  • Chile highways subject to negotiation
    July 13, 2016
    Key highway links in Chile are likely to see upgrading, although the operation of the links could change. The country’s Ministry of Public Works (MOP) is keen to see widening work for Ruta 68, a route currently operated by Abertis. However MOP has not revealed if it intends to buy back the Ruta 68 contract from the operator and then put the highway back out to tender, with the new deal then including the widening work. It may prove simpler to strike a new deal with Abertis that includes the necessary highwa
    Read More
  • Croatia rejects complaints over Peljeski Bridge tender
    April 6, 2018
    Croatia’s public procurement body has rejected complaints by all three international consortia over a winning low tender for the Peljeski bridge. Bids for construction of the four-lane 2.4km bridge were submitted in the middle of last year. The bridge will connect Croatian territory by traversing the Adriatic Sea’s Mali Ston Bay. Vehicles must currently head from Croatia into Bosnia to re-enter a peninsula that is Croatian territory. Croatia’s State Commission for Control of Public Ordering Processes
    Read More

Highlighted Content