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

  • Highway investment programme for Mozambique
    May 13, 2014
    Work is commencing to repair and upgrade Mozambique’s National Road 6 in Sofala Province. The work will take three years to complete and will cost some US$400 million. The project is being carried out by Chinese contractor Anhui Foreign Economic Construction. The upgrades include widening the route, with the stretch between Dondo and Beira being a focus for improvement. The project also includes repairing a number of existing bridges and building several new bridges. Once the upgrade is complete, the route
    Read More
  • Connectivity is key for contractors
    November 8, 2022
    Michigan Department of Transportation (MDOT) has planned its US$210 million I-69 Rebuild Project in Eaton and Calhoun Counties, work that will improve journeys for drivers in the area
    Read More
  • Costs cut for key Bangladesh highway project
    April 12, 2017
    The cost of a major highway project being carried out in Bangladesh has been reduced significantly. The 192km highway connecting capital Dhaka with Chittagong will now cost US$427.8 million, instead of the $$475.1 million originally expected. Reductions in the costs of materials have helped lower the overall pricetag for the project, while the fact that the work has remained within schedule means there has been no need for the contingency funds that were forecast. The highway is expected to open to traffic
    Read More
  • Major Mexican motorway plan in hand
    February 2, 2015
    The Mexican Government plans to invest some US$13.72 billion in all into 46 motorway construction projects. Work on these new routes will be carried out during the current administration. The new motorways come in addition to the 85 motorways operating in 2012, when the current administration entered office. So far 13 new motorways have been built with funds of close to $3.77 billion. The 1.4km Distribuidor Vial Palmira motorway was recently opened inaugurated while the 10 lane Cuernavaca beltway project ha
    Read More

Highlighted Content