Progress being made for key Chile mega projects

Progress is being made in Chile for two key mega projects, the Chacao Bridge and the El Melon Tunnel. Chile's Ministry of Public Works (MOP) has ordered the consortium working on the Chacao Bridge project to carry out additional studies. The consortium comprises Systra, OAS, Aas-Jakobsen and Hyundai and the project is worth US$511.45 million. The consortium has to respond to observations made by the MOP on the design proposal presented in August 2014. The works to build the bridge now look likely to continu
February 22, 2016 Read time: 2 mins
Progress is being made in Chile for two key mega projects, the Chacao Bridge and the El Melon Tunnel. Chile's Ministry of Public Works (MOP) has ordered the consortium working on the Chacao Bridge project to carry out additional studies. The consortium comprises 5549 Systra, 1511 OAS, Aas-Jakobsen and 236 Hyundai and the project is worth US$511.45 million. The consortium has to respond to observations made by the MOP on the design proposal presented in August 2014. The works to build the bridge now look likely to continue until the end of 2020. This three-month extension is due to a request made by the MOP for the company to submit a 3D model of the bridge, which will connect Chiloe Island to the mainland. The bridge has been long in the planning, with the project having been conceived and then cancelled in the past on grounds of cost. The link will be tolled and will replace a ferry service.

Also in Chile, interest is strong for the El Melon tunnel project, which has received seven tender offers during the second tender process. The project to build the Tunel El Melon road tunnel project is expected to cost $128 million. The work involves the construction of a second tunnel on the Ruta 5 highway, in parallel with the existing tunnel. The project also includes modernising and widening of the existing tunnel to meet current standards. The firms making bids are Concesiones Viarias Chile Tres, Highway Invesment Chile, OHL Concesiones Chile, FCC Construccion, Consorcio Echeverria Izquierdo-Arauco, Sacyr Concesiones Chile and Conpax Energia y Concesiones. The next stage of the tender will be the presentation of the financial offers, which is due to take place on 7th March 2016.
Finance & Funding Road Structures

For more information on companies in this article

Related Content

  • Tunnel project of Chilean capital Santiago
    April 8, 2015
    Tunnel construction in Chilean capital Santiago will help cut chronic congestion – Mauro Nogarin & Mike Woof write. Chile’s capital Santiago is a thriving city having benefited from the country’s economy growing strongly in recent years. The massive copper mining sector has helped boost the country’s GDP significantly in the past few decades, also aided by the growing international reputation of Chile’s large wine industry. The steady economic growth has resulted in an equally steady growth in average incom
    Read More
  • Colombia's roads to recovery
    February 8, 2012
    Colombia's Ministry of Transport is suggesting that the Avenida Longitudinal de Occidente (ALO) road project in Bogota should be carried out by Colombian energy company Empresa de Energia de Bogota (EEB).
    Read More
  • Mersey Gateway: Consortia Talks
    April 4, 2012
    The competitive dialogue phase of the Mersey Gateway Project has begun. The project team are said to have held initial meetings with the three shortlisted bidding consortia, and will be working closely with each of them over the coming months. The aim is for each of the three bidders to submit their detailed proposals by the end of 2012, with an announcement about a preferred bidder likely to come in spring 2013. The value of the construction phase of the project, including land, is estimated at US$961milli
    Read More
  • 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.
    Read More

Highlighted Content