Units converter
Quotes on line
2015 World Crane and Transport Summit
2014 International Cranes and Transport Latin America
World of Concrete 2015

   Search News
MTOP to invest US$742mn in road, highway projects this year
Ecuador's transport and public works ministry (MTOP) will invest US$742mn in road and highway works this year, a ministry spokesperson told BNamericas.


The funds will go towards paving and repairs on national roads and highways, and will also support local government projects to improve main roads.


Tenders are expected to go ahead by end-Q1, with MTOP in charge of works on national highways and local governments hiring firms to carry out the smaller projects.


The government is also looking to improve strategic routes that form the country's multi-modal transport network, connecting main productivity areas to airports and ports, according to the spokesperson.


Ecuador's government has assigned a total budget of US$4.7bn to investment initiatives. This represents a 14% increase over 2010 spending, according to information provided to BNamericas by the national planning and development authority.

Send this publication to a friend

More news
Shakeup at Ferrobaires over February accident (Argentina)
Argentina's Buenos Aires provincial government has replaced several high-ranking officials at state-owned rail operator Ferrobaires following a rail accident in February this year. ...
Paraíba pushing to speed up PAC projects (Brazil)
Brazil's federal and Paraíba state governments are discussing projects under the country's growth acceleration plan (PAC) aimed at improving transportation logistics in the northeastern stat ...
Interoceánica Sur generating US$3bn - Ositran (Peru)
Peru's 2,500km Interoceánica Sur highway has generated economic benefits of over US$3bn for the country, according to transport regulator Ositran president Juan Carlos Zevallos. ...