Skip to main content

Chile’s highway plans crucial for economy

Chile’s highway development programme is crucial to the country’s future economic growth. That is the finding of a study by the OECD. According to the report, a 27% increase in highway development is required around Chile’s around cities and ports by 2030. This is because Chile's economy relies heavily on exports. However, a possible hold-up could come from delays facing key highway projects at present. In particular, delays due to environmental assessments are holding back progress with three transport lin
May 19, 2017 Read time: 2 mins

Chile’s highway development programme is crucial to the country’s future economic growth. That is the finding of a study by the OECD. According to the report, a 27% increase in highway development is required around Chile’s around cities and ports by 2030. This is because Chile's economy relies heavily on exports. However, a possible hold-up could come from delays facing key highway projects at present. In particular, delays due to environmental assessments are holding back progress with three transport link projects. The projects have already been awarded to concessionaires. Work on the US$870 million Americo Vespucio Oriente highway has been delayed for 37 months as the project has yet to receive an environmental permit. Work on the $130 million New Industrial Bridge over the Biobío River has been delayed by 28 months while work on the $120 million El Melon Tunnel has been delayed by 10 months. The Chilean Chamber of Construction (CChC) has voice its criticisms of the environmental assessment process as it does not have any specific time limits. Instead the CChC has called for better coordination between State bodies.

Related Content

  • New Pakistan motorway routes
    November 12, 2024
    New Pakistan motorway routes will be built under the PPP model.
  • Deadlines changed for US$1 billion Chilean road projects
    September 5, 2024
    The bid deadlines have been changed for Chilean road projects worth US$1 billion.
  • IRF at OECD says global transport volume may double or even quadruple by 2050
    December 13, 2013
    The volume of global transport could double or even quadruple by 2050, according to a new study released by the International Transport Forum (ITF) at the Organisation of Economic Cooperation and Development (OECD). The ITF study says GDP growth, freight intensity of economic activity and demographic change are important drivers of the predicted huge transport volume growth. But the study titled ITF Transport Outlook 2013 – Funding Transport, a report containing long-running scenarios for global transport
  • Tampere road tunnel - a strategic link for central Finland
    April 4, 2016
    Progress has been good for an important underground road link in Finland reports Adrian Greeman. Assuming all goes well, the new Ranta, or Lakeside, tunnel in Tampere will open in full six months early; traffic could be running by the end of this year. Work on transforming the rundown city centre with new developments will get a major boost. It is a major achievement on a four-year-long project bringing significant benefits to one of Finland's largest cities. From the government's point of view the scheme w