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

  • Colombia’s infrastructure development
    December 5, 2013
    Colombia is benefiting from heavy investment in infrastructure that is helping boost the country’s economy. At the same time, tough policies have also reduced crime considerably and helped stabilise economic development. This process of economic growth and overall stabilisation looks set to continue as the Colombian Government has recently unveiled its plans for highway construction over the next 10 years. This infrastructure programme is also tipped to raise demand for surety products owing to government c
  • US$3.4 billion Peru PPP road partnership
    April 11, 2024
    A US$3.4 billion Peru PPP road partnership deal has been awarded for Lima.
  • Building New zealand's landmark tunnel
    February 15, 2012
    A landmark tunnelling project is commencing in New Zealand - Kristina Smith reports. New Zealand is preparing to embark on its biggest transport project ever. In August it announced that it had selected its preferred bidder for the NZ$1.4 billion Waterview Connection in Auckland, 5km of new motorway connecting highways to the North and South of the city.
  • Autostrade del Lazio awards Sacyr company SIS the Roma-Latina deal
    July 15, 2016
    SIS, a subsidiary of Spanish contractor Sacyr, has won a €2.8 billion contract to build and operate the 186km Roma-Latina motorway in Italy. Autostrade Del Lazio, a public company created to build and manage the motorway, awarded the public private partnership contract, officially called Corridoio intermodale Roma-Latina e collegamento Cisterna-Valmontone. The SIS Scpa consortium, which consists of Sacyr (49%) and Fininc di Torino (51%), will build-operate-maintain the highway over 50 years. Revenue i