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

  • Delays to highway, tunnel and bridge building
    May 14, 2012
    The Slovakian government is being asked for financial compensation by Granvia, the group building the country’s new Nitra-Banska Bystrica highway. Granvia is building the highway under the PPP model through a 30-year concession deal. The compensation has been requested due to delays that have been caused by the need for archaeological investigations along the route.
    Read More
  • Paraguay bridge project completion date
    June 24, 2022
    A completion date has been set for a Paraguay bridge project.
    Read More
  • Argentina tunnel project for Buenos Aires area
    January 13, 2017
    Plans in Argentina call for the construction of a major new road tunnel project. Called the Paseo del Bajo, the tunnel will provide an important connection between the existing Illia highway and the highway joining capital Buenos Aires with La Plata. The 6.7km tunnel is costing some US$650 million and intended to carry trucks and buses only, with light traffic remaining on existing surface routes. Removing heavy traffic from existing routes on the surface will help cut congestion, as well as delivering majo
    Read More
  • Tunnels eliminate bottlenecks
    February 10, 2012
    Some of the bottlenecks on the multi-lane Mittlere Ring, Munich, Germany, one of the main arterial roads circling the city centre have been eliminated by the addition of new tunnels. The Luise-Kiesselbach Square, the last section of this road improvement effort, is an important traffic hub south-west of the city where motorways A96 from Lindau and A5 from Garmisch meet, causing long delays in daily rush-hour traffic, writes Patrick Smith.
    Read More

Highlighted Content