Environmental evaluation suspended on US$900mn Chilean highway
Construction of the El Salto-Príncipe de Gales stretch of the Américo Vespucio highway in Chilean capital Santiago has suffered a new setback, as environmental evaluation service SEA decided to suspend the environmental impact evaluation of the US$926mn project, the concessionaire stated in a filing to securities and insurance regulator SVS.
In a resolution cited by operator Sociedad Concesionaria Vespucio Oriente (AVO) in a press release was published by agency Mediabanco, the reason for the suspension of the evaluation is that the regulator wanted to await the results of an investigation into an SEA official.
Currently, prosecutors are investigating links between the official and AVO, with suggestions that the actions of the official could constitute a felony. Newspaper El Mercurio specified that this same SEA official may have participated in preparing one of the highway studies presented to the SEA in November 2015.
AVO said that it had no knowledge of the alleged actions and that the study had been updated.
The company stated that it will continue to work to obtain the approval for the project as it is "a very important road infrastructure for the Metropolitan region."
Subscribe to the leading business intelligence platform in Latin America with different tools for Providers, Contractors, Operators, Government, Legal, Financial and Insurance industries.
News in: Infrastructure (Chile)
Events Agenda: 2024 infrastructure conferences
BNamericas lists the information and networking events confirmed for next year with infrastructure industry representatives.
Chile environmental review submissions fall, but investments rise
Investments for projects submitted in November reached US$5.40bn, even though the number of submissions fell compared to October.
Subscribe to Latin America’s most trusted business intelligence platform.
Other projects in: Infrastructure (Chile)
Get critical information about thousands of Infrastructure projects in Latin America: what stages they're in, capex, related companies, contacts and more.
- Project: Replacement of the Hospital del Salvador and National Institute of Geriatrics
- Current stage:
- Updated:
1 week ago
- Project: San Antonio outer harbour (Puerto Gran Escala)
- Current stage:
- Updated:
2 weeks ago
- Project: La Laguna penitentiary complex (New Talca prision) (La Laguna Education and Work Center)
- Current stage:
- Updated:
2 weeks ago
- Project: Second Concession Route 5 Santiago - Los Vilos
- Current stage:
- Updated:
2 weeks ago
- Project: Improvement and Replacement of Route No.24
- Current stage:
- Updated:
2 weeks ago
- Project: New Valdivia Base Hospital
- Current stage:
- Updated:
3 weeks ago
- Project: Alameda - Melipilla railway (Melitren)
- Current stage:
- Updated:
3 weeks ago
- Project: O'Higgins Hospital Network: Rengo Hospital
- Current stage:
- Updated:
3 weeks ago
- Project: O'Higgins Hospital Network: Pichilemu Hospital
- Current stage:
- Updated:
3 weeks ago
- Project: HNH Energy
- Current stage:
- Updated:
3 weeks ago
Other companies in: Infrastructure (Chile)
Get critical information about thousands of Infrastructure companies in Latin America: their projects, contacts, shareholders, related news and more.
- Company: Global Ice SPA  (Global Ice)
-
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: Odfjell Terminals Terquim S.A.  (Terquim)
-
The description included in this profile was taken directly from an official source and has not been modified or edited by the BNamericas’ researchers. However, it may have been...
- Company: Tega Industries Chile S.p.A  (Tega Industries Chile)
-
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: Flesan S.A.  (Flesan)
-
Flesan S.A. is a Chilean company established in 1981 and based in Santiago de Chile which offers preliminary construction works services and solutions at an international scale....
- Company: Grupo Costanera S.p.A.  (Grupo Costanera)
-
Grupo Costanera S.A. is a Chilean company made up of foreign shareholders, including Italian tollroad operator Atlantia S.p.A. and Canada's CPP Investment Board, which is engage...
- Company: Prysmian Chile
-
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: BRASS Chile S.A.  (BRASS Chile)
-
The description included in this profile was taken directly from an official source and has not been modified or edited by the BNamericas’ researchers. However, it may have been...
- Company: Brass Latam SpA  (Brass Latam)
-
The description included in this profile was taken directly from an official source and has not been modified or edited by the BNamericas’ researchers. However, it may have been...