Chilean government receives five bids for major highway project: Reuters

The Chilean government has received five offers for a major highway concession in capital Santiago, the ministry of public works said this week, as the South American country seeks to revamp its infrastructure network, Reuters reported. The highway, known as Americo Vespucio Oriente Tramo Principe de Gales-Los Presidentes (AVO II), will cut underneath a large portion of Santiago, at the price of about US$800 million. The bidders include Grupo Costanera made up by Italy's Atlantia and Canada Pension Plan Investment Board (CPPIB).

1 June 2017•1 min read
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