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

  • Brazil set to upgrade five airports for World Cup
    February 29, 2012
    Brazil's federal government will look to carry out restoration and expansion work at five international airports through concessions and public-private partnerships (PPPs), according to presidential chief of staff Antonio Palocci.
    Read More
  • Russia to commission new Moscow-St Petersburg highway by 2020
    June 20, 2017
    Final delivery of the final stretch for Russia’s key highway project looks set to be delayed – Eugene Gerden writes. I now looks as if Russia’s most ambitious project in the field of road building in recent years, the building of a new high-speed road link between Moscow and St Petersburg, the country’s largest cities, will not be complete in time. The project was set up by the Russian government and several private investors. According to initial state plans, building of the new road should have been compl
    Read More
  • US$5.3 billion for Philippines’ transport infrastructure works
    June 5, 2024
    Spending of US$5.3 billion is planned for key transport infrastructure projects in the Philippines.
    Read More
  • Canada, US officials soon to settle planned Detroit bridge issue
    February 5, 2015
    An end to a thorny issue is close at hand concerning who will fund construction of a border customs plaza on the US side of a planned bridge linking Canada and the United States. US President Barack Obama’s US$4-trillion budget did not set aside any money for the plaza for a second consecutive year, further irritating Canadian officials who are overseeing construction of the bridge. It appears that the Canadian government might end up footing the entire bill, according to a report in Toronto’s Globe a
    Read More

Highlighted Content