Skip to main content

Consortium constructing challenging route in Chilean capital Santiago?

The concession package for the US$1.06 billion Américo Vespucio Oriente (AVO) expressway in Santiago, Chile looks set to be awarded to a consortium headed by OHL Concesiones Chile. OHL's proposal of a subsidy close to 20% of the project's cost beat Spanish group Cintra's bid, according to a report from Business News Americas. Of 15 companies that prequalified for the project, only OHL in an alliance with Sacyr Concesiones Chile and Cintra had submitted technical offers for the 40-year concession. Constructi
January 29, 2014 Read time: 2 mins
The concession package for the US$1.06 billion Américo Vespucio Oriente (AVO) expressway in Santiago, Chile looks set to be awarded to a consortium headed by 980 OHL Concesiones Chile. OHL's proposal of a subsidy close to 20% of the project's cost beat Spanish group 930 Cintra's bid, according to a report from Business News Americas. Of 15 companies that prequalified for the project, only OHL in an alliance with 3959 Sacyr Concesiones Chile and Cintra had submitted technical offers for the 40-year concession. Construction will begin in 2015, after the approval of environmental impact studies and detailed engineering plans. The tender was split in two, given the complexity of the project, which will run through five municipalities in eastern Santiago. The Plan entails building and operating a 9.3km underground expressway running from El Salto Avenue to Príncipe de Gales avenue under the current Américo Vespucio route. The missing link in the city's beltway was originally intended to run underground for 13km, joining El Salto with Grecia Avenue. However, opposition from residents in La Reina and Peñalolén districts as well as concerns over the high cost of this option persuaded the 968 Chilean Government to split the project and call a tender only for the first 9.3km stretch. Vespucio Oriente will be built on two levels, each one hosting a one-way, three-lane expressway. Road capacity will increase to 8,000 vehicles/hour from the current 3,000/hour in a bid to tackle the city’s chronic congestion. The project has been delayed several times and the Chilean Government is reviewing options for the construction of the remaining 4km.

For more information on companies in this article

Related Content

  • Vietnam plans new ring road for Hanoi
    February 23, 2012
    The Vietnamese Government is moving forward with its project to build ring road No 4 around Hanoi.
  • Paraguay in talks to salvage tender for works on Routes 2 and 7
    May 10, 2016
    Paraguay is in discussions with six out of 11 prequalified consortia after none of the 11 submitted bids for a major highway development. The Public Works and Communications Ministry is making efforts to put back on track a public-private partnership to widen routes 2 and 7. Media reports said consortia were supposed to present their bids on 28 April. But with no bids submitted by that date, the government set a new date of 29 June. The whole project will require US$754 million, including $80 milli
  • Deadlines changed for US$1 billion Chilean road projects
    September 5, 2024
    The bid deadlines have been changed for Chilean road projects worth US$1 billion.
  • Two consortia bid for US$924.84mn Colombia highway concession
    April 17, 2014
    Two consortia have bid for Colombia's US$924.84 million (COP 1.79 trillion) Conexión Pacífico 1 highway concession, the first project under the Autopistas para la Prosperidad program and part of the country's fourth generation (4G) of concessions. There were 10 prequalified consortia and the two to submit bids were Autopista Conexión Pacífico I, comprised of local firm Estudios y Proyectos del Sol (Episol) and Spain's Iridium, and Infraestructura Vial de Colombia, comprised of Colombian firms Carlos Albe