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

  • Kazakhstan highway being handled by consortium
    February 12, 2018
    An international consortium has been formed that will handle a major highway project in Kazakhstan. Worth US$730 million, the consortium’s contract is to build and operate a new tolled ring road around the capital, Almaty. The construction consortium comprises the Turkish contractors Alarko and Makyol, SK Engineering & Construction and Korea Expressway. The funding package for the project meanwhile is being provided jointly by the International Finance Corp and European Bank for Reconstruction and
    Read More
  • Zambia road surfacing upgrade
    February 8, 2018
    Work is starting on an upgrade for a 100km stretch of road in Zambia. The route connects Nchelenge and Chiengi districts and will benefit from a new asphalt surface. The project is costing US$77 million and is being carried out by the contractor Sinohydro Zambia. Delays to the work have been caused by heavy rains however. The Zambian Government has paid an initial $3.8 million for the work to be carried out and the project is expected to take two years to complete.
    Read More
  • New Chinese road projects
    August 17, 2020
    Major new Chinese road projects are being planned.
    Read More
  • Interchange project to cut congestion
    July 13, 2016
    The construction of a new interchange to the south east of Casablanca in Morocco will make a substantial reduction in traffic congestion when it is complete. Work started on the interchange in February of this year, once of several major road projects being carried out in the area around the city. The work is expected to take 32 months to complete. The new interchange is much needed as Morocco’s traffic volumes have increased substantially in recent years due to a higher percentage of citizens owning privat
    Read More

Highlighted Content