2010-12-29

Chile's public works ministry (MOP) has received three technical bids for the concession of the US$369mn Concepcion-Cabrero highway in region VIII.   Bids were presented by a consortium formed of Belfi, Besalco and Concesiones Viarias Chile Tres; OHL Concesiones Chile and Sacyr Concesiones. ...

2010-12-29

Chilean natural gas distributor Gasco, controlled by local energy holding group CGE, has completed the sale of its 40.9% stake in local cement company Polpaico.   Gasco obtained 54.8bn pesos (US$117mn) through the sale, shedding 7.31mn shares priced at 7,500 pesos each, the company said in a ...

2010-12-29

Brazil's transport infrastructure department (DNIT) has launched three tenders worth a total 22.7mn reais (US$13.5mn) for roadworks in the states of Rio Grande do Sul, Minas Gerais and Goias.   The first tender, budgeted at 10.5mn reais, involves building a 3.75km urban crossing for the town ...

2010-12-28

The governor of Argentina's Buenos Aires province, Daniel Scioli, has opened works to repave and expand the second stretch of provincial highway 8 in city San Martin.   The 10km stretch runs between General Paz avenue in San Martin and national highway 8 in Pilar, according to the provincial ...

2010-12-28

The Mexico state (Edomex) government has awarded consortium Prodemex a 5.9bn-peso (US$478mn) public service provision (PPS) contract to carry out maintenance on 70 highways in the state, totaling some 1,300km.   As part of the 20-year contract, the state government will make annual payments o...

2010-12-28

Ecuador's Manta port authority APM is looking for a strategic partner for a US$36mn project to add value and improve services, the entity's general manager, Guillermo Moran, told BNamericas.   The project involves improving logistics services to increase competitiveness and reduce waiting and...

2010-12-28

The 5.42bn-real (US$3.21bn) Transnordestina railroad project in northeastern Brazil is still only 1% complete after four years of work, according to a report by news service Agencia Estado.   The project experienced several setbacks during its first few years, including difficulties with expr...

2010-12-24

IDB has approved US$60mn in financing for Costa Rican regional infrastructure financing corporation CIFI to support small and medium-sized infrastructure investments in Latin America and the Caribbean.   The funding will allow IDB and CIFI to meet the rising demand for infrastructure in the r...