Chile requires transport investment

Chilean construction organisation CChC has published a study saying the country needs to spend some US$12.5 billion on road upgrades and construction over the next 10 years. This is because the country’s vehicle numbers are increasing, according to Business News Americas. The report says that Chile needs to expand its road network by 12,500km to 90,000km by 2023 to keep pace with the growing volume of traffic. Some 4,000km of the proposed new road should be highway or toll road, according to the study. To r

May 13, 2014 Read time: 1 min

Road Structures Finance & Funding

Report reveals Russia requires heavy road investment

A report by Goldman Sachs reveals Russia’s requirement for further infrastructure investment. The report, Russian Infrastructure and Construction, shows that investments in transport corresponded to 1.5-1.7% of GDP in 2005-2010. For Russia’s total infrastructure needs, including power networks and communications, spending equated to 3.7-4.3% of GDP. But the report shows Russia should allocate at least 3.5-4.5% of its GDP to infrastructure while maintenance of existing infrastructure should make up about 50%

May 9, 2016

Chile’s growing traffic volumes are a growing problem

Chile’s growing traffic volumes are creating a growing problem for traffic management. In many urban areas in Chile congestion is increasing at a rapid rate. Capital Santiago is afflicted particularly badly in this respect. Traffic jams are now frequent on the main interurban routes in Chile, especially on toll roads, and the number of vehicles travelling on these roads continues to rise month after month, leading to major concern.

January 24, 2017

Chile highway link faces future issues

Chile’s busy Route 68 between capital Santiago and the country’s main port of Valparaiso faces an uncertain future. The 110km highway carries heavy traffic volumes and is close to its capacity of 4,500 vehicles/hour at peak periods, with extensive works required to improve the route. The work to upgrade Route 68 is expected to cost up to US$170 million, with eight sections of the highway in particular need of attention. The tender process for the upgrade work will open shortly. The Chilean Government opt

May 28, 2014

Chile needs new roads and other infrastructure, says CChC chief

With a deficit of US$58 billion in infrastructure, ranging from highways to ports and airports, Chile's priority should be urbanisation, according to Javier Hurtado, head of studies at national construction chamber CChC. "Today, over 80% 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," Hurtado said in an interview with BNamericas. In the same interview, Hurtado cited a n