Central highway, A high-capacity highway owned by Vias Chile Holding, a subsidiary of Abertis in this part of South America. Agreement with the Government of Chile for the construction of two unilateral tunnels, each 1.5 km long It will unite the territories within the Great Santiago.
The total amount of the project 300 million euros (about 286.500 million pesos) and work is expected to begin in the first half of 2022 and is expected to continue 40 months (3.3 years)The Spanish company issued a statement on Sunday.
“The agreement represents a significant investment designed to clean one of the busiest areas in the north From Santiago de Chile. “
In particular, reference is made to the project The junction between the General Velásquez section of the Central Highway and the Américo Vespucio Norte section of the Santiago Ring Road.
“The project will be included save fuel and travel time For users of these roads, it will allow Santiago de Chile to reduce pollution due to high traffic by improving traffic flow. In this sense, the project is included in addition 22 hectares of new public space for recreation, of which more than 6 hectares will be for greenery“, Abertis explains the statement.
“Autopista Central is currently a concession By 2032, it will run 62 km on the North-South axis of Chile’s Santiago Metropolitan Area, the busiest highway in the country. and is one of six concessions in Abertis’s portfolio in Chile. As part of the contract, there will be a 20-month extension for this discount. “
Abertis said, “In the first half of 2021, Abertis’s FAVOK in Chile was 174 million euros, which is a significant part of the 1.6 billion euros of FBITDA registered by Abertis in the first half. During 2021, Chile’s highways experienced a strong increase in traffic, indicating an improvement since July 2019.“.
“The operation is in line with Abertis’ strategy to extend the medium term of its assets and strengthens its commitment to public-private partnerships to strengthen long-term value creation and provide sustainability solutions for the areas it deals with under agreements.”