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

  • California Mobility Center opens for business 
    March 17, 2021
    Sacramento-based hub gives smart mobility start-ups access to venture capital
    Read More
  • Norway gets ready for more EVs
    September 14, 2021
    Norway’s road transport network is changing radically. The country is gearing up for greater electric vehicle use as well as gradually phasing out its traditional ferry links
    Read More
  • Report: ‘efficient public transport could save US$800 billion’
    June 5, 2014
    A new study of transport systems in 35 major cities around the world has revealed that an efficient public transport network can provide these cities with an economic value of up to US$238 billion annually by 2030. Siemens commissioned the study which was presented on Monday alongside the World Cities Summit in Singapore. London-based consulting firm Credo, which conducted The Mobility Opportunity study, said that these economic benefits could reach up to US$800 billion annually if the study is extended
    Read More
  • Hyperloop TT to build route in China
    July 24, 2018
    Hyperlopp Transportation Technologies will implement a Hyperloop system in China which will start with a 10km commercial agreement at Tongren, a prefecture-level city in eastern Guizhou Province. Hyperloop says the system will help connect the region to the rest of the world. The project stems from an agreement with the tourist attraction investor Tongren Transportation & Tourism Investment. HyperloopTT will provide the technology, engineering and equipment as well as work with the city’s government
    Read More

Highlighted Content