Skip to main content

Chile’s transport budget unveiled

Chile has announced a major development in its transport network, with a budget being set for infrastructure growth. The current administration plans to spend US$2 billion on upgrading the country’s transport links, including roads and highways, airports and urban/underground rail. New plans are being set for the tenders for eight highways with their current concessions due to come to an end within the coming three years. The concessions involved in these tenders will be for some 1,500km of roads in all.
May 15, 2018 Read time: 1 min

Chile has announced a major development in its transport network, with a budget being set for infrastructure growth. The current administration plans to spend US$2 billion on upgrading the country’s transport links, including roads and highways, airports and urban/underground rail. New plans are being set for the tenders for eight highways with their current concessions due to come to an end within the coming three years. The concessions involved in these tenders will be for some 1,500km of roads in all.

Related Content

  • New bridge and road projects underway for Chile
    December 18, 2013
    Strong bids have been received for Chile’s Puente Industrial road bridge project, which will be built in Region VIII. Bidders included Spanish firm OHL as well as Besalco Concesiones-Concesiones Viarias Chile Tres and Sacyr Concesiones Chile. Work on the 2.5km bridge is expected to commence in 2014 and the project will cost some US$170 million to construct, with completion expected in 2017. The deal for the four lane bridge includes building access roads and involves a 30 year concession package. The Puente
  • Saudi Arabian capital Riyadh benefiting from major transport investment
    September 9, 2013
    Saudi Arabia is undergoing a series of upgrades to its transport network in a bid to improve Traffic flow rates and boost safety - Mike Woof reports. The massive growth in the use of motor transport worldwide since the start of the 20th century has transformed every country on the planet. But perhaps no country has changed more dramatically than Saudi Arabia, the world’s leading oil producer. At the start of the 20th century Saudi Arabia’s population was small and the country had few industries while it is
  • Brazilian transport infrastructure development plans
    July 20, 2020
    The Brazilian Government is setting out its transport infrastructure development plans.
  • Russia’s record road budget
    December 17, 2018
    Russia plans to spend a record amount on developing its road and transport network for the 2019-2021 period. The country’s Ministry of Economic Development is setting a state financing budget of over US$84 billion. This is the largest sum that Russia has directed towards road spending over the last 10 years. One of the key projects will be the upgrading of the Kerch-Sevastopol highway, which is expected to cost $1.6 billion. New transport hubs for Murmansk and Novorossiysk as well as airports will also be