Costs climb for Ecuador highway connection

Costs have climbed for construction work on a highway connection in Ecuador. The highway project is now expected to cost in excess of US$100 million to build. The widening work for the 42km stretch connecting Cuenca and Biblian being carried out by contractor Hidalgo & Hidalgo has climbed to over $100 million, compared with the $72 million planned originally. The climbing construction cost can be connected to the need for unplanned additional activities on the project. This additional work has also meant th
March 5, 2015 Read time: 1 min
Costs have climbed for construction work on a highway connection in Ecuador. The highway project is now expected to cost in excess of US$100 million to build. The widening work for the 42km stretch connecting Cuenca and Biblian being carried out by contractor Hidalgo & Hidalgo has climbed to over $100 million, compared with the $72 million planned originally. The climbing construction cost can be connected to the need for unplanned additional activities on the project. This additional work has also meant that the project will take longer than expected. The work was planned to be complete by May 2015 but will now take an additional eight months.
Finance & Funding Road Structures

Related Content

  • PPP for Ecuador highway project
    May 11, 2018
    A 162km stretch of Ecuador’s highway route 40 is to be upgraded, improving the road’s safety and capacity. The section of highway being improved includes the stretch that links the town of Santa Elena, which lies on the Pacific Coast, with the city of Guayaquil, on the Guayas River. The contract now includes work to 30km more of the highway than was originally planned. The contractor Verdu is to carry out the PPP deal, which is expected to be worth US$231 million over the 20-year concession period.
    Read More
  • Romanian road tenders underway
    October 5, 2022
    Romanian road tender processes are now being carried out.
    Read More
  • Korean contractor conquers in Qatar construction contract
    May 21, 2014
    In Qatar the public works authority, Ashghal, has awarded a highway construction deal worth US$910 million to South Korean firm Daewoo Engineering and Construction (Daewoo E&C). The deal is for a 42km section of road, which forms part of the New Orbital Highway and Truck Route project. The 42km stretch would connect the Dukhan Highway and the Al Khor Link Road, and will feature five interchanges and a number of bridges. The 14 lane road will also feature wastewater treatment systems and smart road traffic c
    Read More
  • Zimbabwe highway project linking with its neighbours
    November 28, 2016
    Zimbabwe’s Beitbridge to Chirundu highway link now looks set for a complete upgrade. The project has been planned for over 10 years but has faced a series of setbacks and delays, with funding having proved one of the biggest stumbling blocks in the past. The 897km highway runs from Beitbridge, located on the border with South Africa in the south of Zimbabwe all the way up to Chirundu, which is just over the border with Zambia in the north. The route includes part of the A4 highway in the south and the A1 hi
    Read More

Highlighted Content