Bolivia flooding devastating roads, homes, agriculture
Torrential rains sparked by the La Niña phenomenon has destroyed roads, homes and cropfields in at least nine departments in Bolivia.
Torrential rains sparked by the La Niña phenomenon has destroyed roads, homes and cropfields in at least nine departments in Bolivia.
A deal would involve breaking up the Spanish firm and share its assets between the two bidders.
The state government said previous advisory from the World Bank private sector arm had been beneficial for the state's concessions.
As he called for more foreign capital, the president charged that too many local banks are inexperienced and unwilling to shoulder the investments needed for the country's ambitious infrastructure program.
Works on the US$100mn line were awarded to the joint venture UT Metrocable Línea P and are expected to be finished in 2019.
Public works minister Undurraga highlighted that the concessions division tendered and awarded nearly US$7bn over the last four years.
While the government seeks to jump-start infrastructure projects halted by the Odebrecht scandal, the ongoing investigation continued to muddy the political waters.
Puerto Coronel in southern Chile will invest US$70mn in the expansion including gantry cranes, new storage areas and lumberyards.
Submitted by three ICA subsidiaries, the bid turned out the lowest in the tender launched by GACM, the state holding building Mexico City's new international airport.
The improvement of the sector over the coming years is expected to benefit insurers.