Chile awards China $1.1bn toll deal

CRCC will have concession on 195km Talca-Chillán toll highway on Route 5
By Adam Hill April 12, 2021 Read time: 1 min
CRCC offered a total concession income of around $1.1bn (image courtesy: Chile’s General Directorate of Public Works Concessions)

Chile has awarded China Railway Construction Corporation (CRCC) a build-concession contract to upgrade and operate a 195km toll highway - the Talca-Chillán section of Route 5.

CRCC offered a total concession income of around US$1.1 billion in what Chile’s General Directorate of Public Works Concessions said is the first such contract awarded to a Chinese group. CRCC won over proposals from Sacyr Concesiones Chile and Consortium Cintra-Intervial.   

The contract is for a variable but maximum term of 32 years. 

Construction includes a 56km bypass and additional lanes to 30kms of existing road, 39km of bicycle lanes and 32 footbridges.

CRCC will also upgrade drainage, lighting and landscaping, improve connectivity to local roads and over time replace 18 existing cash toll plazas with 13 scanning gantries that read motorists’ tags for electronic payment.

The project was first tendered in October 2019 but the awarding has been delayed due to the coronavirus pandemic. Various government approvals are pending and work is not expected to start before the first half of 2025.
 

Charging, Tolling & RUC

Related Content

  • January 6, 2016
    Varying acceptance of tolling in Africa
    Tolling technology is now at an advanced state but governments have a key role in ensuring the success of schemes as is evident in Africa. Shem Oirere reports. According to the African Development Bank, the continent has an estimated $46bn of infrastructure financing deficit. The bank says sub-Saharan Africa requires $93bn annually to meet its infrastructure development needs - but only half of the financing is available.
    Read More
  • January 6, 2016
    Varying acceptance of tolling in Africa
    Tolling technology is now at an advanced state but governments have a key role in ensuring the success of schemes as is evident in Africa. Shem Oirere reports. According to the African Development Bank, the continent has an estimated $46bn of infrastructure financing deficit. The bank says sub-Saharan Africa requires $93bn annually to meet its infrastructure development needs - but only half of the financing is available.
    Read More
  • June 17, 2016
    Joining old and new in Canada’s Highway 407
    David Arminas visits Canada’s Highway 407 ETR to see how the concession is working and hear about new arrangements for the roadway’s extension. The Toronto region is North America’s eighth largest metropolitan area and its roads become notoriously congested. In 1997 Highway 407, a 68km concrete toll motorway which skirts the northern edge of Toronto, was opened and initially operated by the province and CHIC - a consortium of four leading Ontario-based companies. Finance came from the Ontario Financing Auth
    Read More
  • February 3, 2012
    South Africa's first multi-lane free-flow tolling top of the line
    Kapsch's Kjell Arnesson talks about the first multi-lane free-flow tolling project in South Africa. In South Africa, installation is ongoing as part of the Gauteng Freeway Improvement Project (GFIP) of the country's first Multi-Lane Free-Flow (MLFF) tolling system.
    Read More

Highlighted Content