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

  • Indian road tolling concession signed
    November 30, 2023
    Indian road tolling concession worth US$540 million have been signed.
  • How Florida paved the way for availability payments in the US
    November 21, 2014
    New financing models have been used to deliver key transport links in the US - * Patrick D Harder and Brandon J Davis Florida Department of Transportation’s (FDOT) public-private partnership (PPP) programme has made impressive progress, setting precedents for US transportation planning and funding. On March 26th 2014, FDOT opened 16km of new reversible express lanes as part of its US$1.8 billion I-595 Corridor Roadway Improvements Project. Just a few months later, on August 3rd 2014, FDOT opened twin tunnel
  • Vietnam considering major new tunnel and highway projects
    March 9, 2018
    Vietnam’s Quang Ninh Province is setting out plans for major infrastructure projects. One project will be for a new tunnel link running under Cua Luc Bay, while the road projects are for the Ha Long-Cam Pha coastal route and the Van Don-Mong Cai Highway. Construction of the 1.3km undersea tunnel project in Ha Long city is now subject to a feasibility study. Construction is expected to commence in 2019.
  • Mumbai sea link contract
    September 6, 2018
    The contract has been awarded for the Mumbai sea link project in India. The Versova-Bandra Sea Link Project is expected to cost US$987.6 million to build and is should take five years to construct. When complete the 17.7km bridge will be the longest sea crossing in India. The project will be handled by a consortium made up of Astaldi and Reliance Infrastructure under an engineering, procurement and construction package. The deal was awarded by the Maharashtra State Road Development Corporation.