Argentina and Chile call for interest for $850 million tunnel project
Argentina and Chile through EBITAN have launched a Request for expressions of Interest to build the Agua Negra tunnel connecting both countries. Those interested in the project will have to submit their proposals before 4th October 2013.
The project is expected to cost in excess of US$850 million. The contract for the work is expected to be agreed in 2014.
The project:
Two parallel tunnels, one for each direction: downward from Argentina to Chile and Chile to the Argentina, 13.9 km in length. The Argentine entrance will be on altitude of 4,085 meters, and the Chilean entrance is on3,620 meters , giving the tunnel an average gradient of 3.37%.
El Paso de Agua Negra is one of the 13 projected roads that Chile and Argentina have agreed to receive preferential budgetary attention, for the purpose of improvement.
It is strategically located within the central belt of both countries and was considered a high-priority investment, because it attracts traffic itself that does not compete with any other road.
Source: Agua Negra Tunnel
Country news
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November 19, 2013
Twenty three teams express interest to build Agua Negra Tunnel
It is strategically located within the central belt of both countries and was considered a high-priority investment, because it attracts traffic itself that does not compete with any other road. Read more -
November 27, 2013
OHL sells stake in Argentine road concessionaire
OHL has reported that it has sold its entire stake in the Argentine concession Autopista Ezeiza Cañuelas, SA (AECSA), to the company ESUVIAL, S.A, which belongs to the CPC, S.A. Group, for a price of 55.9 million Argentine pesos (aproximately €6.8 million).OHL said that the impact of this transaction in its Profit & Loss Account will be almost neutral.CPC has debuted in roadways concession in 2012 as partner of the Autovia del Mar consortium together with Benito Roggio, Helport and Esuco.Since 1993, the concessionaire Autopista Ezeiza - Cañuelas, S.A. (AECSA) has been in charge of the construction, improvement, repair, conservation, extension, remodeling, maintenance, administration and operation of the Riccheri Sliproad. Read more -
August 27, 2014
TIL acquires 50 % stake in Argentinian container terminal
MSC Mediterranean Shipping Company S.A. (MSC) last week announced that Terminal Investments Limited (TIL) has acquired Global Infrastructure Partners' (GIP) 50% interest in International Trade Logistics (ITL). Read more -
August 29, 2014
Noble Group acquires stake in Argentinian grain port terminal concession
Noble Group Limited has announced that on 15 August 2014, the company's wholly-owned subsidiary, Noble Argentina S.A., has agreed to acquire a 22.75% shareholding interest in Sitio 0 de Quequén S.A. Read more -
September 03, 2014
Argentina and Chile to finance tunnel with public funds
Argentina and Chile have agreed to finance the Agua Negra tunnel project, which will connect both countries, by direct investment. Read more
