Major bridge project planned for Chile

Strong interest is being shown in the construction sector in Chile for the project to build the Chacao Bridge. The tender process is due to open in the first half of 2013 and a large number of contractors, over 30, have already acquired terms and conditions of the works package. The construction project is expected to cost US$740 million. Bidding is expected to close in early 2014 and the winner will be selected and the contract awarded. Work should start in 2015 and the completion date will be in 2019.