POST Online Media Lite Edition



 

Strong interest for $804 million work for Chilean highway links

Christian Fernsby |
Interest is said to be strong in the concession for a key highway link in Chile, while a major highway contract has also been awarded.

Article continues below



Topics: CHILE    HIGHWAY   

The concession is for a stretch of Route 5, between Talca and Chillan in central Chile, lying to the south of capital Santiago.

The deal is worth around $804 million.

So far 25 firms have shown interest in the highway concession, which will feature construction work along three stretches of the 150km between Talca and Chillan.

Meanwhile the contract to improve Chile’s Route 66 has been won by Spanish contractor Sacyr.

The deal is worth $575 million.

Route 66 connects San Antonio on Chile’s coast with Route 5.

San Antonio lies to the west of Santiago and south of Chile’s main port at Valparaiso.


What to read next

Whisky tops Knight Frank Luxury Investment Index
Desperate Fed and U.S. healthcare panic: Saxo Bank's 10 Outrageous Predictions
Jamie Dimon highlights 11 problems in U.S.: From education to bureaucracy