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

  • São Paulo approves metro works tender
    March 25, 2015
    São Paulo state government has approved a tender for second phase works to finish São Paulo metro company CMSP's line No.4. In addition, the Corsán-Corviam consortium is due to start work by April on its allocated sections of the project, according to news website Terra. The group will have 12 months to finish building the Higienópolis-Mackenzie and Oscar Freire stations as well as a metro yard and bus terminal at Vila Sônia station, Terra added. São Paulo state government has also approved a new tender to
    Read More
  • Dubai's RTA plans US$985 million project spend in 2014
    February 10, 2014
    Dubai's transport authority has approved a budget of just over US$1.9 billion for this year, with more than half allocated to new projects. Mattar Al Tayer, chairman and executive director of the Roads and Transport Authority (RTA) said around a third of the budget will be allocated to the Traffic and Roads Agency, a third to the Rail Agency, 13 per cent to the Public Transport Agency, and 17 per cent to be shared between the Licensing Agency, Administrative Support Services Sector, and Technical Support
    Read More
  • Indra to upgrade Philippines toll system
    November 4, 2015
    Manila North Tollways Corporation (MNTC) has awarded Indra the design, supply, installation, and commissioning of the new toll control solution for its Subic-Clark-Tarlac Expressway (SCTEX) concession. The project includes the integration of the SCTEX toll control solution with that of the system that Indra recently implemented for the North Luzon Expressway (NLEX), the main motorway connecting the capital region of Metro Manila to the northern regions of the country. The contract, awarded in a consortium w
    Read More
  • ITS sector jumps to $120bn by 2025: report
    March 7, 2022
    New research from Argonaut International Consulting predicts four-year CAGR of 24.5%
    Read More

Highlighted Content