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Public works spending to total US$728mn in 2011, focus on highways (Bolivia)
2010-12-22

Bolivia's public works ministry is looking to spend more than US$728mn in 2011, of which 71% will go towards building and repairing highways, state news agency ABI reported.   The ministry's main projects include building the Corredor Bioceanico highway, which will connect Brazil, Bolivia, Ch...

 
Ecuacorriente to invest US$100mn in port to serve Mirador mining project (Ecuador)
2010-12-22

Mining company Ecuacorriente (Ecsa), controlled by China Railway Construction Corporation (CRCC) and Tongling Nonferrous Metals group, plans to invest US$100mn in transport infrastructure as part of the first phase of its Mirador mining project, the firm's senior VP and manager, Ian Harris, told BNa...

 
Macquarie completes US$125mn acquisition of Durango road concession (Mexico)
2010-12-22

The Macquarie Mexican Infrastructure Fund (MMIF), operated by Australian investment bank Macquarie Group (ASX: MQG, Pink Sheets: MQBKY), has completed its purchase of a package of highways in Mexico's Durango state.   The fund acquired concessionaire Desarrollos Carreteros del Estado de Duran...

 
Aerocivil to concession Palestina, Armenia terminals in 2011 (Colombia)
2010-12-21

Colombia's aviation authority Aerocivil has decided to modify the Eje Cafetero airport package concession plan to focus on concessioning just two terminals, an official from the entity's project structuring office told BNamericas.   The Palestina and Armenia terminals, located in Caldas and Q...

 
New public investment system to come into force by end-2011 (Uruguay)
2010-12-21

Uruguay's new national public investment system (SNIP) is expected to become fully operative by end-2011, the planning and budget office's (OPP) public investment director, Julio Pivel, told BNamericas.   OPP director Gabriel Frugoni announced the creation of SNIP at a conference held Decembe...

 
Ministry to invest US$80mn in San Salvador transport system (El Salvador)
2010-12-21

El Salvador's public works ministry (MOPTVDU) has announced plans to invest US$80mn in an integrated public transport system for capital San Salvador.   The government has already secured a US$50mn IDB loan to begin the project, which will be carried out as private public partnership (PPP), M...

 
ProInversion extends Muelle Norte prequalification deadline (Peru)
2010-12-21

Peru's private investment promotion agency ProInversion has extended the deadline to present prequalification documents for its Muelle Norte terminal concession until January 7.   The new date, pushed back from the original December 23 deadline, will not affect the agency's plans to award the...

 
Brisa sells remaining CCR stake for US$777mn (Brazil)
2010-12-20

Portuguese highway operator Brisa Participaçoes e Empreendimentos (BPE) has sold its remaining 6.91% stake in Brazilian tollroad operator CCR (Bovespa: CCRO3) for 1.31bn reais (US$777mn).   The transaction involved selling 30.5mn shares for 43 reais apiece, up from its original offer o...

 
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