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.

Maintenance

Related Content

  • 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
  • Colombian road deal agreed
    June 7, 2022
    A deal has been agreed for a Colombian road project.
    Read More
  • Colombia road project tender process
    July 22, 2019
    The tender process for Colombia’s Buga-Buenaventura fourth generation (4G) toll road project is being planned. The tender for the 114.1km dual carriageway is being handled in two separate stretches however. One of the road stretches will be for a 55.4km section from Buga to Loboguerrero, which is expected to cost US$359.45 million. The 58.7km stretch from Loboguerrero to Buenaventura meanwhile is expected to cost $362.75 million. The Loboguerrero to Buenaventura section of the route includes building a 19km
    Read More
  • New Mexico City Airport generates nearly $8 billion of investment
    July 31, 2015
    The Mexican Secretariat of Communications and Transport has announced that US$7.8 billion, from both public and private sectors, is being invested in road projects as a consequence of the new Mexico City International Airport. Contracts include 11 renovation projects to improve the access to Mexico Valley and the connections to the new terminal. Work at Mexico-Pachuca, Mexico-Queretaro and Ecatepec-Piramides motorways was completed in June. The bridge connecting Urbana Sur with Mexico-Cuernavaca motorway
    Read More

Highlighted Content