Several firms signal interest in Chilean highway concession

Friday, November 10, 2017

The tender for the second concession of Chile's Route 66 highway has at least 13 companies interested. Bids for the US$600mn contract will open on February 2 for the technical offers and February 23 for the economic ones.

Companies that have purchased the tendering documents so far, according to the public works ministry (MOP) are:

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The contract entails a 35-year concession period of the road as well as improvement and conservation works on the 144km highway, which runs between the intersection of Route 66 with Route 5 South in central south O'Higgins region (VI), and the access road to the port city of San Antonio in Valparaíso region (V).

Head of the Valparaiso public works office, Miguel Saavedra, told Radio Biobío that this route is strategically important for the area's agricultural industry, as it would reduce transport times to San Antonio port and thus facilitate exports.

A previous concession for the same road was awarded to a consortium made up of construction firms Besalco, Icafal and Belfi in 2010, but the contract was canceled upon request of the consortium, due to soaring costs for environment-related mitigation measures.