Skip to main content

Ecuador to invest US$5 billion in super-highways road projects

The Ecuador Ministry of Transport and Public Works says it will invest around US$5 billion up to 2014 to turn 1,286km of roads into super-highways, to help development of its tourism, farming and agricultural sectors. A first stage will see the firm Consultora de Ingenieria, Estudios y Perforaciones de Suelos (Cieper) undertaking the definitive traffic studies, as well as the engineering and environmental impact studies for the Santo Domingo-Quevedo road, located between the Los Rios and Santo Domingo d
May 8, 2012 Read time: 1 min
The 5449 Ecuador Ministry of Transport and Public Works says it will invest around US$5 billion up to 2014 to turn 1,286km of roads into super-highways, to help development of its tourism, farming and agricultural sectors. A first stage will see the firm Consultora de Ingenieria, Estudios y Perforaciones de Suelos (Cieper) undertaking the definitive traffic studies, as well as the engineering and environmental impact studies for the Santo Domingo-Quevedo road, located between the Los Rios and Santo Domingo de los Tsachilas provinces. In this stage, an investment of USD 2.2mn will be made and it will incorporate 125km of roads. A second stage will involve the expansion of roads to four and six lanes, which will facilitate fast traffic flow and links with the main cities in the country.

For more information on companies in this article

Related Content

  • EU proposes to spend €2.7 billion for 152 transport projects
    June 29, 2017
    The European Commission is proposing to invest US$3 billion (€2.7 billion) in 152 key transport projects that support competitive, clean and connected mobility in Europe.
  • Colombia to award highway tenders
    January 19, 2015
    Colombia is due to award all the tenders for the second phase of the country's US$25 billion 4G highway plan by July this year, according to the country's vice president Germán Vargas Lleras. The next phase of 4G highway concessions will involve ten projects and require a total investment of US$7.96 billion. Offers are due to be received in May. So far five firms have prequalified for the first tender round: Spanish construction firms Sacyr and FCC; Mexico's ICA and Tradeco; and Chinese company Sinohy
  • Bespoke ITS is helping to reduced collisions on America’s rural roads
    October 22, 2014
    David Crawford cherrypicks conference and award highlights Almost 30% of all US citizens live in rural areas or very small communities, and 34 of the 50 states exceed this level in their own populations, with the proportions rising as high as 85%. And although rural routes carry only 35% of all traffic, the accidents that occur on them account for some 54% of all US road traffic accident deaths.
  • Global ITS market expected to reach US$ 30.2 billion by 2019
    October 3, 2013
    According to a new market report published by Transparency Market Research, "Intelligent Transportation System (ITS) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019," the global market for ITS is expected to reach a value of USD 30.2 billion by 2019, at a CAGR of 11.1 per cent from 2013 to 2019. The demand for ITS systems is rising globally due to increased congestion in metropolitan areas. Development and deployment of intelligent transportation system not only r