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

  • Thailand’s proposed US$1.47 billion underground route
    July 25, 2024
    Thailand is proposing a US$1.47 billion underground road route.
  • Uruguay’s premier PPP project awarded
    November 11, 2015
    Work will commence shortly on Uruguay’s first PPP highway project. The construction and concession is being handled by a consortium comprising key contractors. The Uruguayan Ministry of Transport and Public Works awarded the project to a consortium made up of Sacyr Concesiones (43%), Sacyr Construcción (8%) and Grinor (49%). The project involves the building, restoration and management of a 179km corridor connecting the cities of Nueva Palmira and Mercedes.
  • Sao Paulo’s Mario Covas ring road faces last section glitch
    April 10, 2015
    A consortium of Brazil's Mendes Junior and Spain's Isolux Corsán could lose its US$208 million contract to build part of the northern section of the Mario Covas beltway around the Brazilian city of São Paulo. The consortium, led by Mendes Junior, is falling behind schedule because of cash flow problems, according to São Paulo state highway company Dersa. The deal was signed in January 2013, local paper Folha de São Paulo reported.
  • Chilean capital’s car congestion changes
    June 26, 2012
    The authorities in Chile plan to invest some US$500 million for improving the road links within capital Santiago. The work will focus on the east of the fast growing city and includes eight separate projects intended to ease traffic congestion, with the first due to commence in October 2012. The projects include a tunnel under Mapoco river connecting Costanera Norte and the Central motorway, two new bridges over Manquehue and Kennedy avenue and works on La Concepcion exit. The Perez Zujovic roundabout will