Ecuador's Ministry of Transport and Public Works has signed agreements of understanding with the Korea Expressway Corporation (KEC) for pre-feasibility and feasibility studies for the construction of two road axes: Quito - Guayaquil and Guayaquil - Cuenca.
KEC will be responsible to construct a 324 km road corridor between Quito and the Main Port along with studies of the 272 km Cuenca - Guayaquil road corridor between the Ecuadorian Austro and Guayaquil. The studies will take between 14 and 18 months. This road corridor project will unite the 3 cities and is vital to improve the living conditions of 4 million beneficiaries.
Country updates
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January 19, 2023
Construction progress for Latacunga - La Maná E-30 road PPP project in Ecuador
The Ministry of Transport and Public Works of Ecuador has announced the 88% construction progress for Latacunga - La Maná E-30 road public-private partnership (PPP) project. The US$1...
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November 30, 2022
IDB to Finance 500 kV Transmission PPP project in Peru
The Inter-American Development Bank (IDB) has approved a US$125 million loan for a 500 kV and 544 km power line that will help Ecuador and Peru connect their electrical grids. The Europea...
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October 26, 2022
Marguerite II acquires 100% stake in Red de Calor de Cuenca (RCC)
The Marguerite II, a pan-European infrastructure fund has acquired 100% stake in Red de Calor de Cuenca (RCC), a project company that will build, commercialize and operate a greenfield...
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October 11, 2022
Construction works start for State Road Network in the Manta – Colisa
the Ministry of Transport and Public Works (MTOP) has announced the construction of the State Road Network in the Manta – Colisa in Manta, Ecuador. The project involves the rehab...
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September 23, 2022
Construction progress for Santo Domingo to Buena Fe highway PPP project
The Ministry of Transportation and Public Works (MTOP) has announced that the machines are working on a four-lane widening of the Santo Domingo to Quevedo (Los Rios) highway as part of the Santo Domin...
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