Works to improve and expand an urban highway north of Chilean capital Santiago have advanced 20% and will wrap up in September 2017, the country's public works ministry (MOP) reported.

The 15km-stretch runs between the districts of Lampa and Quilicura and forms part of the Santiago-Los Vilos concession on route 5 that is held by Autopista del Aconcagua.

The stretch will be widened to eight lanes (four lanes each direction) along 4km and six lanes (three lanes each direction) along 11km. Other components include seven overpasses and 10 footbridges, as well as bicycle lanes.

A free-flowing toll collection system (TAG) is also being installed along the stretch.

The works will improve safety and reduce congestion for traffic entering and exiting the capital, said MOP minister Alberto Undurraga in a presentation.

Required investment in the overhaul is approximately US$461mn.

Spanish company Fomento de Construcciones y Contratas is carrying out the construction. 

Autopista del Aconcagua is controlled by Madrid-based Globalvia, which in turn is held by pension fund managers OPTrust (Canada),PGGM (Netherlands), and USS (UK).

 

Source: BNamericas

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