Chile presented an investment plan for the road infrastructure in the country. The road infrastructure development program includes the construction of almost 17,000 km of road routes.
President of Chile unveiled the plan on May 27, 2019. The plan will consider investments of almost US$ 10 billion in tenders of routes and highways, new third lanes, the expansion of the toll system without barriers and better rural roads.
The main objective of this plan will to expand and renew the current road structure in all regions. US$ 6.21 billion will be invested during 2019 - 2023 period in tenders of 3,100 km of the roads and highways. Road projects included in plans are Chiloé Longitudinal Route 5; the Villarrica Route; the South Orbital; Route 5 between Caldera and Antofagasta; he Entrelagos Border Route; the Pie de Monte Route; the road connection Copiulemu-Hualqui-Coronel; and the section 1 of Costanera Central Highway.
The plan also includes rebidding on Route 5 between Talca and Chillán, between Temuco and Río Bueno, between Santiago and Los Vilos, and between Collipulli and Temuco. It also incorporates road access to the Arturo Merino Benítez Airport, Route 78 and the north access to Concepción.
Third tracks will be developed on Ruta 5 Sur, between Peuco and the bypass to Rancagua; on Route 78, between Lo Errázuriz and the Talagante link; and on Route 68 between the Costanera link and the Pudahuel link.
Improvements of 9,681 kilometers on rural roads, basic roads and 3,839 kilometers of roads in indigenous communities, paving 1,613 kilometers at an investment of US$ 1.12 billion will be done between 2018 - 2022.
The plan also includes expansion of free-flow tolling system without barriers.
President Piñera also pointed out that he instructed the Minister of Public Works to reach an agreement with the concessionaires of motorways and routes to reduce the readjustments in tolls that affect users
The Government of Chile has awarded the concession for the Santiago-Farallones Route G-21 highway project to the consortium formed by the companies Icafal and Conpax.
This project is the improvement of 31.4 km of the road that connects Las Condes with Farellones, whose construction is planned to begin in 2021.
Read moreTren Valparaíso Santiago (TVS), a consortium comprised of Sigdo Koppers and China Railway Group Limited, has presented a formal proposal to develop a high-speed rail (HSR) line linking the Chilean capital Santiago with the port city of Valparaíso through the government's concession system.
Read moreThe government of Chile, through the Ministry of Public Works, is inviting companies to register to participate in tenders for a number of hospital concessions located throughout the country that constitute the Second Programme of Concessions of Health Facilities.
Read moreATCO has announced that it is entered into an agreement to acquire 40% of Neltume Ports, a leading port operator and developer in South America, for approximately CAD450 million (US$345.8 million). Neltume Ports, a subsidiary of Ultramar, operates in 16 port facilities and three stevedoring businesses primarily located in Chile and Uruguay.
Read moreThe Ministries of Health and Public Works of the government of Chile have published a schedule for the tender of eighteen hospital concessions with a total investment of over US$2.5 billion.
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