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

  • Connected citizens boosts Boston’s traffic management
    March 30, 2017
    Data-derived traffic management is starting to show benefits as David Crawford discovers. The city of Boston has been facing growing congestion problems in its Seaport regeneration district, with the rate of commercial and residential growth threatening to overtake the capacity of the road network to respond.
    Read More
  • EVs on a roll
    October 8, 2014
    A recently updated report by IDTechEx, Electric Vehicle Forecasts, Trends and Opportunities 2015-2025, indicates that the global market forecast for all hybrid and pure electric vehicles is expected to exceed US$533 billion in 2025. Sales of the BMW i3 and Tesla Model S pure electric cars are rising rapidly, with Tesla holding back demand because it cannot produce enough for at least a year. Those are premium priced vehicles. The major problem with mainstream pure electric cars is price. However, App
    Read More
  • Lima metro works to launch this month
    May 6, 2015
    Construction work on Line 2 of the Lima metro will get underway this month on Lima's eastern outskirts, according to government officials. Construction works include a tunnel and five stations along the central highway from the district of Ate to Santa Anita, said José Zárate, head of the electric train authority (AATE). The US$5.8 billion metro line is scheduled for completion by 2020, transport and communications minister José Gallardo said. The industrial district of Ate will be linked to Lima's city
    Read More
  • Sigma breaks into the French tolling market with deal for Sanef
    March 20, 2018
    Italian vending solutions provider Sigma has entered the French tolling market by supplying self-service payment machines to Sanef, Société des Autoroutes du Nord et de l'Est de la France. Sigma’s cash and electronic payment units are being installed on the motorways A1, A13, A26 and A29. The French deals comes after a recent similar contract in Austria where highways operator Asfinag ordered the TP1000. SIGMA says that it remains the sole supplier of self-service payment machines in Austrian tolled m
    Read More

Highlighted Content