Those who aspire to lead Chile between 2018 and 2022 have made infrastucture a priority in their campaigns, with congestion in major cities, the lack of hospitals and penitentiary facilities, together with the inadequacies of the country's logistics system crucial themes.
Still, we know very few details, beyond general guidelines including the need to strengthen the public body in charge of concessions and the Public-Private Partnerships (PPP) model for public infrastructure.
The candidates who lead the polls agree on the need for an infra fund that would manage pubic resources in the order of US$9 billion, as well as the need to accelerate public tender processes and reduce bureaucracy.
Chile began its model of public infrastructure concessions in 1992, but there is still much to be done. Private estimates indicate that the country should invest some US$84 billion from now until 2025 to reduce only its transportation infrastructure gap - this means roads, ports, rail and metro lines, and cable cars.
As shown by the Global Competitiveness Report published by the World Economic Forum (WEF), the South American nation has lost ground between 2006 and 2017 in all the areas that make up transport infrastructure.
The phase of large investment projects is far from over. In addition to the urgent needs of urban connectivity and social infrastructure, there also must be an advance in large-scale projects that are resilient to climate change and natural disasters.
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