Chilean infrastructure projects being planned

In Chile plans are well in hand for a series of major infrastructure projects, with the work likely to help boost the country’s economy. The Ministry of Public Works in Chile (MOP) has announced that it will speed up the process for key infrastructure construction projects. Those projects involving investments of around US$1.10 billion should be approved by 11th March 2015. The Ministry of Public Works has indicated that three private concession contracts have already been approved, including the dual-carri
November 20, 2014 Read time: 2 mins
In Chile plans are well in hand for a series of major infrastructure projects, with the work likely to help boost the country’s economy. The 2610 Ministry of Public Works in Chile (MOP) has announced that it will speed up the process for key infrastructure construction projects. Those projects involving investments of around US$1.10 billion should be approved by 11th March 2015. The Ministry of Public Works has indicated that three private concession contracts have already been approved, including the dual-carriageway road in Route 5 between Chacao and Chonchi and a road between Caldera and Antofagasta. The 968 Chilean government is promoting public-private partnerships (PPPs) involving investments in excess of $11 billion.

The tender for Agua Negra tunnel project is due before the end of 2014. The project will cost $1.6 billion and will connect Ovalle in Chile with San Juan in Argentina. Chile has two other projects for binational tunnels including the Baja Altura, which will cost $3.6 billion. For this, 40% will run through Chile. The other project is for the Las Lenas link, which will cost $1.7 billion and for this route, some 23% will be through Chile.
Finance & Funding Road Structures

For more information on companies in this article

Related Content

  • Trimble technology could slice a third off the new highway costs in Indonesia’s US$400 billion infrastructure plan
    February 21, 2014
    Cutting-edge Sandvik Construction equipment is said to be giving ambitious Argentinian quarry firm Canteras Amadeo a commercial advantage .Starting life as a one-quarry enterprise in Córdoba, Argentina, in 1999, Canteras Amadeo is a flourishing business with additional operations in Cordoba and Santiago del Estero. Key to its success is said to be its owners’ embrace of technological improvement, and their choice of Sandvik equipment to improve their processes.
    Read More
  • Chilean tenders provoke hot competition
    March 5, 2012
    Tenders for 12 major infrastructure projects with a total value close to US$8 billion are being announced in Chile.
    Read More
  • Delay possible for Chile-Argentina tunnel project
    May 10, 2018
    Delays may be a possibility for the construction of the Agua Negra Tunnel, which will run through the Andes mountain range and connect Argentina and Chile. The tendering process is being held back while further geological studies are carried out. An analysis of the initial geological work carried out so far for the project has highlighted a number of discrepancies with the information gathered. It is known that there are three main fault lines cutting across the intended tunnel route however. The tunnel
    Read More
  • How Florida paved the way for availability payments in the US
    November 21, 2014
    New financing models have been used to deliver key transport links in the US - * Patrick D Harder and Brandon J Davis Florida Department of Transportation’s (FDOT) public-private partnership (PPP) programme has made impressive progress, setting precedents for US transportation planning and funding. On March 26th 2014, FDOT opened 16km of new reversible express lanes as part of its US$1.8 billion I-595 Corridor Roadway Improvements Project. Just a few months later, on August 3rd 2014, FDOT opened twin tunnel
    Read More

Highlighted Content