Ecuador to receive proposals for El Oro and Guayas motorway

Ecuador's Transport and Public Works Ministry will receive proposals for a 95km motorway between El Oro and Guayas provinces this month. Seven firms are reportedly interested in building the motorway under a 30-year concession and work could start by the end of the year, according to a report in the Telegrafo newspaper. The motorway will have three toll booths that each will charge US$1.50. (EUR 1.37) each. The winner will operate the concession for 30 years. The road will have a length of 95kms. The c
July 29, 2015 Read time: 1 min
Ecuador's Transport and Public Works Ministry will receive proposals for a 95km motorway between El Oro and Guayas provinces this month.

Seven firms are reportedly interested in building the motorway under a 30-year concession and work could start by the end of the year, according to a report in the Telegrafo newspaper.

The motorway will have three toll booths that each will charge US$1.50.  (EUR 1.37) each. The winner will operate the concession for 30 years. The road will have a length of 95kms.

The cost is estimated at around $365 million with all financing coming from the private sector.

Both provinces are on Ecuador’s Pacific coast, with El Oro noted for banana and coffee exports. Guayas is Ecuador’s most populous province, with around 3.6 million people of which most live in Guayaquil, Ecuador’s largest city.
Finance & Funding

Related Content

  • Seittsa set to take on management of bankrupt Spanish motorways
    July 31, 2017
    The Spanish government has given the green light for the state-owned transport infrastructure firm Seittsa to manage nine bankrupt toll motorways. The deal is for Seittsa to prepare the terms for their retender to private companies by the end of next year. Spanish media report that the cost is set to be lower than the €3.5 billion previously estimated by some analysts. The arrangement comes after three years of failed attempts by the government to step in and facilitate debt restructuring between the invest
    Read More
  • Kenya rehabilitates, widens, tolls Northern Corridor
    November 8, 2017
    A massive highway project in Kenya will boost transport for the country as well as its neighbours - Shem Oirere reports. Kenya has commenced the process of rehabilitating, expanding and tolling of 657km of East Africa’s Northern Corridor that is anchored on the Indian Ocean port of Mombasa and which links the gateway with landlocked countries of Uganda, Rwanda, Burundi and parts of eastern Democratic Republic of Congo (DRC).
    Read More
  • Tenders received for Mersey Gateway project
    April 10, 2013
    Tenders have now been received for the Mersey Gateway Project from all three shortlisted bidders competing to deliver the project on behalf of Halton Borough Council. The full and final tenders were delivered to the project’s offices overlooking the River Mersey ahead of the deadline. The project team and its expert advisors will now spend the next few weeks assessing the three bids. The bidding teams have spent the last 18 months working on their plans to become Halton Borough Council’s private sector par
    Read More
  • Papua New Guinea is set for extensive road bridge work upgrades
    January 21, 2015
    Papua New Guinea is set to start road and bridge upgrades that could cost upwards of US$576 million. Work on bridges will be paid partly through agreements with the Australian Department of Foreign Affairs, amounting to around US$53 million, and the Asian Development Bank which is putting in nearly $32 million. The Australian Department of Foreign Affairs has also earmarked $101 million to upgrade of arterial roads to standard concrete in the port city of Lae, the capital of Morobe Province. Lae, the
    Read More

Highlighted Content