Ecuadorian capital Quito's local government will invest US$70mn in the Monjas-Vicentina-San Juan Alto highway project, the head of the city's transport division, Carlos Paez, told BNamericas.
Local authorities will launch a tender next year to hire a consultancy firm to carry out the project's feasibility studies that will help them determine the highway's technical requirements, according to information provided by the division.
The studies are expected to cost US$400,000 and take four months to carry out.
The project consists of building a four-lane highway, which will take an estimated 12 months to complete, connecting the city's three districts.
The road will also connect with Quito's existing General Rumiñahui highway.
Works will also involve the construction of at least three bridges and one overpass.