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

  • Countering congestion’s cost
    May 6, 2015
    A new report on the economic costs of traffic congestion predicts the problem will worsen significantly in future. Jon Masters reviews the figures and some suggested solutions. New figures on the rising economic and environmental costs of congestion have been published by the US traffic data specialist Inrix and the UK’s Centre for Economics & Business Research (Cebr). Their report finds the problem much bigger than previously thought.
    Read More
  • Driivz powers ahead with Chile EV charging
    September 18, 2020
    Smart cloud-based platform supports Copec Voltex's planned South American network
    Read More
  • Schneider to implement free-flow tolling solution in Brazil
    March 6, 2013
    Schneider Electric is to implement what is said to be one of Brazil’s first three Multi-Lane Free-Flow (MLFF) systems for highway concession company Renovias, enabling the concessionaire to carry out electronic toll collection without the need for toll collectors or requiring vehicles to stop. Schneider says this will improve drivers’ experience when travelling through the toll stations, while being able to travel at a constant speed will reduce waiting times, traffic jams and emissions. The project inclu
    Read More
  • Toll roads important to Trump’s infrastructure plan
    January 10, 2017
    According to The Hill, US toll roads may surge under a US$1 trillion infrastructure proposal being floated by Donald Trump. The president elect’s idea for rebuilding the nation’s roads and bridges relies on private companies instead of the federal government to back transportation projects. Experts believe this means investors will be attracted to projects that can recoup their investment costs using some sort of revenue stream, such as through tolls or user fees. “If he moves forward with an infrastr
    Read More

Highlighted Content