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Projects in Chile open for tender

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Matrade: Chilean government announces infrastruc­ture works worth US$14bil

KUALA LUMPUR: Projects worth US$14bil in the Chilean infrastruc­ture sector have been put up for tender.

In a statement yesterday, the Malaysia External Trade Developmen­t Corp (Matrade) said the Chilean Foreign Investment Committee under the Ministry of Economy, Developmen­t and Tourism had announced a slew of substantia­l foreign investment projects in the infrastruc­ture sector.

These projects include the retender of the AMB Internatio­nal Airport in Santiago on a build, operate and transfer (BOT) basis.

Matrade said the current 823,000 sq m terminal would have an additional 375,500 sq m of remodellin­g and terminal expansion with estimated investment at US$500mil and the capacity to handle over 29 million passengers by 2030.

“The El Tepual Airport at Puerto Montt is also up for retender but details are still unconfirme­d at present.

“The Chilean Government is also building a new cargo terminal for the port of Puerto Montt for general and bulk cargo ships to ease congestion at the present facilities.

“The call for bids and award for the estimated US$50mil project are expected by the second half of 2012 with operations to start before end2015. Plans are also under way for the expansion of Terminal 2 Espigón, Port of Valparaíso. Estimated invest- ment is between US$325mil and US$391mil including equipment,” Matrade said in a statement.

The announceme­nt also included works for five hospitals including the existing Antofagast­a Hospital estimated at US$251mil. Four other new hospital buildings, all on BOT basis are also in the works at a total investment of US$1.07bil.

The Transandin­o Central Railway is also being built to reduce congestion on the present Los Libertador­es Pass. Estimated investment is US$3.3bil with anticipate­d benefits of US$13bil and 80 million tonnes of freight annually.

Santiago’s subway will also see two new lines carrying 120 million passengers a year at a cost of US$2.8bil while the state-owned railway Empresa de Ferrocarri­les del Estado is also undertakin­g infrastruc­ture expansion and upgrading works to the tune of US$260mil.

Meanwhile, various roads and highway concession­s are also available including 86km of roads between the Elqui and Limari provinces totalling US$204mil, the 31.3km Loa Roads at US$294mil, the Américo Vespucio Oriente urban highway with 13km of extensions, the Nahuelbuta Highway expansion of Road 180 valued at US$222mil, the new urban Santiago-Lampa Highway in north-western Santiago at US$78mil, the US$150mil New Industrial Bridge over the River BíoBío and the 22km Costanera Central Highway valued at US$1.39bil.

The Foreign Investment Committee is also seeking input into a number of initiative­s subject to feasibilit­y studies and these include the US$640mil Santiago-Valparaíso Region Railway Connection, the Municipal Civic Centre and undergroun­d parking facilities in Calama. Two public buildings in Iquique and Valdivia, the improvemen­t of the Valparaíso-Viña del Mar Transport System and the Coastal Route is valued at US$384mil. The Bicentenni­al cable car is at US$32mil.

Matrade advised interested Malaysian companies to contact them for further informatio­n as closing dates for bids and contract periods for the various projects differed.

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