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

  • Chinese firm wins highways expansion project to decongest Nairobi
    January 5, 2017
    A Chinese contractor is carrying out a major road project intended to cut congestion in Kenyan capital Nairobi – Shem Oirere writes Chinese contractor China Wu Yi has won a US$163 million contract for the reconstruction and expansion of a 25km highway leading out of Kenya’s capital Nairobi with financing from the World Bank. The contract was awarded by the country’s National Highways Authority (KeNHA), a state-owned road agency responsible for the management, development, rehabilitation and maintenance of i
  • PPP project planned for Aruba
    November 29, 2013
    The Government in Aruba in the Caribbean is giving its approval for its second PPP transport infrastructure project, the Watty Vos Boulevard. The start of the tender process for the project is planned for the first quarter of 2014. PwC is the transaction advisor for the Contracting Authority, while the Dutch Ministry of Infrastructure and local legal firm Sjiem Fat & Co are also part of the team. The project will cost some US$120 million and involves the construction of a new arterial road 2x2 around Oranje
  • Tender call for US$940mn phase I of Chile’s Américo Vespucio Oriente highway
    August 1, 2013
    A tender call for the first, US$940 million stretch of the Américo Vespucio Oriente underground expressway (AVO) in Chile’s capital Santiago Chile's has been issued by the public works ministry (MOP). The prized 40-year concession entails building and operating a 9.3km underground expressway running from El Salto avenue to Príncipe de Gales avenue. The tunnel will stretch over two different levels, each one hosting a one-way, three-lane expressway. Road capacity along the route will increase to 8,000 vehicl
  • China transport investment
    November 27, 2012
    In China, the news that the construction industry has been waiting for came with an announcement over infrastructure spending. The Chinese Government said it will invest heavily in infrastructure spending over the next few years, some US$157 billion, particularly in extending the country’s high speed rail network. Some $4.45 billion will be invested in transport infrastructure in 2012. Of the total, $790 million will go on rural road improvements, of which 88% will be used in the central and western regions