Transactions - DECEMBER 10, 2019

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Sacyr Concessions wins $575m contract for Chilean highway project

by Kali Persall

Sacyr Concessions, a company listed on the Spanish Stock Exchange, has won the contract to upgrade Chile’s Route 66 or “El Camino de la Fruta,” a major transportation corridor for agricultural products, according to InfraPPP.

 The $575 million project involves upgrading the access route to the country’s two most important ports, Valparaíso and San Antonio, both located in the Valparaíso region.

The 142-kilometer route begins at the junction of Route 5 South, crosses the southern part of the Metropolitan region and ends on the access road to the Port of San Antonio in the Valparaíso region. Works will include building multi-level intersections, upgrading existing highway structures and roads, lane creation, drainage work, and signage and road safety measures, among other upgrades.

Sacyr Concessions has committed more than €14 billion ($15 billion) spanning 20 years of operations, according to the group’s website. The company spec

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