Priorities for Chile's infrastructure budget

With a deficit of US$58 billion in infrastructure, ranging from highways to ports and airports, Chile's priority should be urbanisation, local construction chamber CChC has said. "Today, over 80 per cent of Chileans live in cities. Urban areas are where a significant part of the economy and life happens. So if you want to make real improvements to quality of life, focus on urban areas," CChC head of studies Javier Hurtado said in an interview. Hurtado cited a need for roads, subways, water infrastructure
May 27, 2014 Read time: 1 min
With a deficit of US$58 billion in infrastructure, ranging from highways to ports and airports, Chile's priority should be urbanisation, local construction chamber CChC has said.

"Today, over 80 per cent of Chileans live in cities. Urban areas are where a significant part of the economy and life happens. So if you want to make real improvements to quality of life, focus on urban areas," CChC head of studies Javier Hurtado said in an interview. Hurtado cited a need for roads, subways, water infrastructure, stadiums, parks, hospitals and schools.

CChC has estimated Chile needs to invest US$21.8 billion to upgrade its urban transport infrastructure; US$3.6 billion in hospitals, and US$3.65 billion in water projects through 2018.

Related Content

  • CEF funds to be used for EFSI ‘only as a last resort’
    April 17, 2015
    Parts of the European Commission’s proposals for the European Fund for Strategic Investments, which foresee the reallocation of US$3.5 billion from the Connecting Europe Facility to provide a part of the US$17 billion for the guarantee fund should be deleted, Transport MEPs suggested in their opinion approved on Tuesday. This target amount should instead be met by gradual budgetary commitments to the guarantee fund to be decided in the frame of the annual budgetary procedure, they add. Instead of cuttin
    Read More
  • South Africa's first multi-lane free-flow tolling top of the line
    February 3, 2012
    Kapsch's Kjell Arnesson talks about the first multi-lane free-flow tolling project in South Africa. In South Africa, installation is ongoing as part of the Gauteng Freeway Improvement Project (GFIP) of the country's first Multi-Lane Free-Flow (MLFF) tolling system.
    Read More
  • ICE State of the Nation report ‘makes grim reading’ says expert
    June 27, 2014
    The UK’s Institution of Civil Engineers has issued its 2014 State of the Nation: Infrastructure report, which focuses on the performance, capacity and condition of the UK's key economic infrastructure networks. The report finds that the UK approach to delivering and maintaining infrastructure requires attention and recommends that progress made to date should be built upon to ensure that the UK possesses world class infrastructure. It also finds that three sectors – energy, flood management and local tra
    Read More
  • US Wi-Fi Innovation Act could hamper V2V
    March 27, 2015
    The US government is looking into opening up wi-fi space for the public, but it could impact on vehicle-to-vehicle communication (V2V) technology developed to prevent up to 80 per cent of car crashes, according to a discussion on CBS News. After more than a decade in development and more than a half-billion dollars in taxpayer money spent, the technology aimed at making roads safer and saving an estimated 1,083 lives every year may now be sidelined to make room for wi-fi. Dr Peter Sweatman, director
    Read More

Highlighted Content