Ecuador
News

Ecuador prioritizing 4 road projects involving more than US$1bn

Bnamericas Published: Monday, November 28, 2022
Ecuador prioritizing 4 road projects involving more than US$1bn

Of the 10,290km of Ecuador’s state road network, only 17% is operated by private companies. However, the government of Guillermo Lasso aims to up that to 40% by the time his term ends in 2025.

The project portfolio includes 12 roads, of which four will have priority totaling capex of US$1.03bn, according to Lorena Marín, representative of the transport and public works delegations department, who was speaking during a panel on new transport infrastructure opportunities at an infrastructure summit held in Quito.

The four priority projects are: Viaducto Sur de Guayaquil, also known as the fifth bridge or Cruce Sur road system; the Guayaquil-Quito highway; the Guayaquil-Cuenca highway; and the Manta-Quevedo highway. They should all be put out to tender in 2024 or 2025.

Also planned to be awarded to the private sector are the Loja-Catamayo, Montecristi-La Cadena, Pifo-Y de Baeza, Ambato-Baños-Puyo, Ambato-Guaranda-Babahoyo, Descanso-Paute and Pedernales-Cojimíes routes.

The government also plans to award rail projects to the private sector. And Marín said the project portfolio will continue to grow as analyses are completed in other areas such as airports.

The official added that the government will seek to ensure that the failures seen in previous concessions, in the 1990s, are not repeated, both in contractual matters and in the bidding documents.

Subscribe to the most trusted business intelligence platform in Latin America. Let us show you our solutions for Suppliers, Contractors, Operators, Government, Legal, Financial and Insurance.

Subscribe to Latin America’s most trusted business intelligence platform.

Other projects in: Infrastructure (Ecuador)

Get critical information about thousands of Infrastructure projects in Latin America: what stages they're in, capex, related companies, contacts and more.

Other companies in: Infrastructure (Ecuador)

Get critical information about thousands of Infrastructure companies in Latin America: their projects, contacts, shareholders, related news and more.

  • Company: SEOR S.A.  (SEOR)
  • The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
  • Company: ARH Metalmecánica & Hidráulica C.A.  (ARH)
  • The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
  • Company: Minmetec Ecuador Cia. Ltda.  (Ecuaminerales GB)
  • The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
  • Company: CBSIng S.A.  (CBS Ingenieria)
  • The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
  • Company: Ecuatoriana Construcciones S.A.  (Edeconsa)
  • Ecuatoriana Construcciones S.A. (Edeconsa) provides engineering and construction services in Ecuador. The company was established in 1995, and is based in Quito. In 2016, Edecon...
  • Company: Constructora Fopeca S.A.  (Constructora Fopeca)
  • Constructora Fopeca S.A. (Fopeca), based in Quito, is aimed at the construction of highways, streets and other roads in Ecuador. In 2017 Fopeca works in the reconstruction of th...