Chile is pushing ahead with infrastructure development. The Ministry of Public Works intends to award five to seven projects during 2016.
The Ministry of Public Works has also set a target of having 12-13 major infrastructure projects being awarded and worth a total of US$6 billion by the time the current administration comes to the end of its term.
One road project due to be awarded shortly is for the phase two of the Vespucio Oriente link. The tender is expected to open in July 2016.
The projects for the Ruta de la Fruta, El Loa link and the road from Los Vilos to La Serena will also be put to tender in 2016. Meanwhile the tender process for the $1 billion Costanera Central project will be put out to tender in 2017.