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

  • Multi-modal transport system key to liveable city development
    June 20, 2012
    Malaysia’s Economic Transformation Programme aims to transform Kuala Lumpur into one of the world’s most liveable cities. Mohd Nur Kamal, CEO of SPAD, Malaysia’s Land Transport Commission, explains how a world class multi-modal transport system will be key to reaching that goal Superficially, Kuala Lumpur, or KL as it is commonly known, is the model of a vibrant, modern, cosmopolitan city to equal any in the world. The Petronas Twin Towers, an iconic global symbol of Malaysia, are surrounded by stunningly
    Read More
  • Siemens wins US$73 million light rail vehicle order from Portland's TriMet
    May 29, 2012
    Siemens has been awarded a US$73 million contract to build 18 of its S70 light rail vehicles for TriMet in Portland, Oregon. The vehicles will be manufactured from start to finish at Siemens' rail vehicle manufacturing plant in Sacramento, California. These 18 vehicles were ordered as a part of the Portland-Milwaukie light rail transit project. This extension includes a light rail alignment that travels 11.75kms, connecting Portland State University in downtown Portland, inner Southeast Portland, Milwaukie
    Read More
  • Fluor consortium named preferred bidder for Netherlands motorway project
    July 1, 2016
    Dutch engineering company Fluor Corporation is part of the 3Angle consortium, a special purpose company selected as the preferred bidder by the Directorate-General for Public Works and Water Management of the Netherlands (Rijkswaterstaat) for the A27/A1 public private partnership (PPP) project in the Netherlands. The 3Angle consortium, comprised of Fluor, Heijmans Capital and 3i Infrastructure, will carry out the design, build, management, maintenance and financing of existing and new infrastructure of t
    Read More
  • San Francisco's Presidio Parkway completed
    July 14, 2015
    The long-awaited Presidio Parkway in San Francisco has opened to traffic. The US$1.1 billion project relied on US$363 million in federal funds, as well as US$152.5 million from the American Recovery and Reinvestment Act, and a US$150 million Transportation Infrastructure Finance and Innovation Act (TIFIA) loan. Since work began in 2009, the Presidio Parkway project replaced Doyle Drive, a 1.6-mile segment of SR-101 linking the city to the Golden Gate Bridge, connecting Marin and San Francisco counties, a
    Read More

Highlighted Content