Skip to main content

Ecuador road concession contract

The concession package for a key road link in Ecuador has been awarded to the contractor Verdu. The firm has a 20-year concession for the 162km road link connecting Guayaquil with Salinas. The arrangement is being handled under the PPP model and is requiring an initial investment of US$72 million. A further sum of $232 million will be required to maintain and upgrade the link.
July 31, 2018 Read time: 1 min

The concession package for a key road link in Ecuador has been awarded to the contractor Verdu. The firm has a 20-year concession for the 162km road link connecting Guayaquil with Salinas. The arrangement is being handled under the PPP model and is requiring an initial investment of US$72 million. A further sum of $232 million will be required to maintain and upgrade the link.

Related Content

  • Spanish highway project to get EIB A-rated bond issue?
    April 20, 2012
    The European Investment Bank (EIB) is reported to be in talks with the sponsors of the A-66 Benavente-Zamora highway public private partnership (PPP) in Spain over a possible bond financing deal, which would see the Bank provide subordinated debt for an A-rated bond issue. The possible bond issue would be a further greenfield project to launch the European Union’s Project Bond 2020 initiative, with its initial pilot stage being managed by the EIB.
  • Indian Ganga Expressway deals awarded
    January 10, 2022
    Deals have been awarded for India’s Ganga Expressway.
  • A new tunnel project for Turkey is a significant move
    December 12, 2012
    The European Bank for Reconstruction and Development (EBRD) is supplying a finance package worth US$150 million for the new Bosphorus crossing project in Turkey. Running under the Bosphorus at Istanbul, the new tunnel will connect both European and Asian sides of the city. The EBRD’s $150 million loan completes $1.4 billion worth of financing required for the Eurasia Tunnel project, being built under the Bosphorus straits. Other components of the $1.4 billion financing package for this PPP project include a
  • A new highway is planned connecting Turkey with Romania through Bulgaria
    May 24, 2012
    Discussions are now underway on a new highway to connect Turkey with Romania. A major stretch of this new highway will run through Bulgaria, which will provide a much-needed link in the country as it has insufficient express road infrastructure at present. The Bulgarian section of the highway would run from Ruse to Svilengrad. The political leaders of Bulgaria and Turkey, as well as Qatar, have been in discussions over the proposed project