Ecuador to invest US$4bn in infra by 2021
Ecuador's public works ministry (MTOP) has 85 infrastructure projects for US$4.3bn in the pipeline until 2021.
The plan considers US$3.4bn coming from the private sector, US$241mn directly from the state and US$664mn from loans.
Public works minister Aurelio Hidalgo said, according to a press release, that over US$400mn were invested in infrastructure last year.
Of this total, US$137mn went to road infrastructure, US$109mn to road maintenance, US$96mn to concession projects, and US$5.6mn was for airport infrastructure.
Just this year, the ministry is expected to award three major highway PPPs, the US$1.1bn Guayaquil south viaduct (bids are opened on May 15), the US$591mn Santo Domingo-Buena Fe corridor (on April 30), and the US$726mn Buena Fe-Babahoyo-Juján corridor (on May 9).
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