International public bidding process for the upgrading of the Nahuelbuta Road “Mejora Ruta Nahuelbuta”

The Chilean Government has opened a public bidding process for the execution, upgrading, maintenance and operation of the project denominated “Upgrading of the Nahuelbuta Road”, through the Chilean concessions system.

Executive Summary: On November 16, 2016 the Chilean Ministry of Public Works opened a public bidding process for the upgrading of the Nahuelbuta Road, a 55 kilometers long road in the Bío Bío and La Araucanía regions. The concession project includes the upgrading of the existing single lane road to a two lane road, improving general standards by building overpasses, improving road connectivity, safety, lightning and road signaling conditions.

Bidding technical guidelines: Bidding rules will be available from November 16, 2016.

Estimated Investment: US$238 million.

Term: Tender offers will be accepted on January 31st, 2017 and financial tender offers on February 28th, 2017.