Skip to main content

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.

For more information on companies in this article

Related Content

  • New UK road link planned
    August 25, 2020
    A new UK road project is being planned.
  • Hungary plans infrastructure investment
    May 10, 2012
    The Hungarian Government is lining up an impressive plan for infrastructure investment in the coming years. A total of €11.14 billion will be used for developing the country’s road infrastructure from the present until 2027. The plans include building 500km of highway and 1,000km of dual carriageway in all. At present the funding sources have not been revealed. It seems likely that European banks will provide some of the funds but private sources are also likely to be used. The build operate transfer and pu
  • Chilean deal
    February 6, 2012
    Skanska is preferred bidder to develop the Antofagasta Toll Road in Chile under a PPP model. The firm has beaten tough competition for this project and says it will not require government subsidies for the work, which is due to commence in 2011.
  • Thirst for Infrastructure: The Belt & Road Initiative
    November 8, 2017
    Susanna Zammataro, IRF Geneva, writes: The China Highway and Transportation Society (CHTS) – an esteemed member of IRF – will be hosting a special Session on the Belt and Road Initiative during the IRF World Meeting in Delhi, 14th-17th November 2017. Last May, president Xi Jinping welcomed 28 heads of state and government to Beijing to celebrate the “Belt and Road” initiative, an ambitious plan in terms of infrastructure development, but also in terms of foreign policy. Launched in 2013 as “One belt, On