Infrastructure investment plan

29 April 2008

Chile's Government has launched a US$ 870 million infrastructure investment plan for 2007, according to news agency BNAmericas. Announcing the plan, President Michelle Bachelet said that the private sector is also expected to invest US$ 2.2 billion, while an additional US$ 200 million will be spent on public roads.

About US$ 394 million of the public investment will go towards road maintenance and rehabilitation. In addition, US$ 55 million will be spent on multi-modal terminals (road/rail/air/waterway connections).

The transport and multi-modal works will include the development of Chile's railways. Increasing airport and port capacity is also being given priority, as is highway and trade corridor investment.

MAGAZINE
NEWSLETTER
Delivered directly to your inbox, World Construction Week Newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
Longer Reads
Computer vision AI sees the way forward
Salman Chaudhary, CEO at EmpiricAI, explains why computer vision AI offers a glimpse of the future of health & safety in the construction sector
How wearable technology is used in construction
Wearable technology is helping construction companies become more productive and is also boosting health and safety 
Post-pandemic demand lengthens delivery times for construction equipment
Government stimulus measures following the global pandemic have led to a surge in demand for construction equipment
CONNECT WITH THE TEAM
Andy Brown Editor, International Construction Tel: +44 (0) 1892 786 224 E-mail: andy.brown@khl.com
Simon Kelly Sales Manager Tel: +44 (0) 1892 786 223 E-mail: simon.kelly@khl.com
CONNECT WITH SOCIAL MEDIA