Two major road contracts have been awarded in Ecuador by the road authorities. OHL has won the concession for a 131km stretch of road between Babahoyo and Jujan. The 30-year concession package involves an investment of over US$726 million. Meanwhile Tecnica General de Construcciones has a 30-year concession for the 113km road connecting Buena Fe and Santo Domingo. This deal is worth $591 million and includes widening the road so that it features two lanes in either direction.
Two major road contracts have been awarded in Ecuador by the road authorities. OHL has won the concession for a 131km stretch of road between Babahoyo and Jujan. The 30-year concession package involves an investment of over US$726 million. Meanwhile Tecnica General de Construcciones has a 30-year concession for the 113km road connecting Buena Fe and Santo Domingo. This deal is worth $591 million and includes widening the road so that it features two lanes in either direction.