Sacyr : Concesiones puts Chilean Concepcion - Cabrero highway into operation

24/08/2016

• The 103.4 kilometer initiative represented an investment of 360 million dollars and will substantially improve connectivity in the region.
• With this one, Sacyr Concesiones now runs 4 routes in the country, plus another three projects in construction (a hospital and two other routes)

Sacyr Concesiones has put the Chilean highway connecting the cities of Concepción and Cabrero into operation, covering a distance of 103.4 kilometers that required an investment of 360 million dollars. The project will generate an income portfolio of 1.027 billion dollars throughout its concession life.

The works, which started in June 2012, will substantially improve connectivity in the Region by connecting Concepción and Cholguán in the Bio Bio Region, and linking to the 5 South Route.

Project description

This project is located in the Bio Bío Region and crosses the province of Concepción, in its communes of Concepción and Florida, the Bio Bío province, in its Yumbel and Cabrero communes, and the province of Ñuble, in the Yungay commune. Total project length is approximately 103 kilometers (from Cholguán to Concepción), of which 72 are two lane and 31 are single lane.

One of the main objectives of the project consists in improving road infrastructure, which will allow for greater development and an increase in productivity in the area, reducing travel times, improving safety and connectivity of the Region towards the West, and with Route 5. It will become one of the main axis of the area, thanks to its fast connection between the regional capital and the center and south of the Region.

Main features of the highway:

• 60 km of expansion to two lane.
• 12 km of improvements to existing two lane.
• 31 km of improvements to existing single lane (bi-directional).
• 4 new two lane bridges and refurbishing of an existing bridge.
• 24 structures for uneven intersections, 2 of them double due to the roundabout design of the intersection
• 25 pedestrian bridges, with their associated stops, to guarantee Road and Pedestrian transit safety in populated areas near the road.
• 35.6 kilometers of paved service roads, 21 kilometers of bicycle lanes.
• 2 backbone toll areas, located at Km 33.900 of Route R-146 (Huinanco Toll) and Km 12.000 in route O-97-N (Puentes Negros Toll)
• Lighting in level and different level intersections (junctions and/or crossings, both of the main and secondary roads), in pedestrian bridge areas, in emergency attention areas, in control and rest areas, weighing areas and toll areas..
• A 3 kilometer By Pass in the Campanario area
• In the final section in Concepción, as improvement works requested by the Ministry of Public Works, the concessionaire is also executing a third level at the Bonilla Roundabout.

SACYR CONCESIONES

Sacyr Concesiones is the infrastructure concessions division of Sacyr and ranks 7th in the ranking of transport infrastructure concession agents in the world of Public Works Financing (PWF), with 35 distributed assets in eight countries (Spain, Portugal, Chile, Colombia, Italy, Ireland, Peru and Uruguay) in the sectors of highways (over 3,600 kilometers), transport hubs, hospitals (over 2,200 beds) and a subway line.

The presence of Sacyr Concesiones in Chile dates back 20 years, when it was one of the first companies to take part and commit to the Chilean Concessions Model with the La Serena - Los Vilos route in 1996. Since its arrival in the country, 13 concession projects have been awarded to it from Iquique to Puerto Montt, representing an investment of 6 billion dollars and the construction of over 1,300 km of highways. It construction and operation projects portfolio, in addition to the Bio Bio Valleys, comprises the Desert Routes (accesses to Iquique), the Valles del Desierto Route (Route 5 segment Vallenar-Caldera), Limarí Route (Route 43 - La Serena-Ovalle), Algarrobo Route (La Serena-Vallenar), Américo Vespucio Oriente and the construction and operation of the Antofagasta Hospital.