Chilean government announces contract award of Ruta del Itata P3 project to Sacyr

  • Sacyr Concesiones will upgrade and expand this road, situated in the center of the country, with an investment of around €516 million. 

Sacyr Concesiones has been awarded the second P3 contract of Ruta del Itata, following the publication of the Supreme Decree by the Ministry of Public Works. This road P3 project connects the regions of Ñuble and Biobío and involves the improvement, construction, operation and maintenance of the pre-existing and new works, including the improvement of the current Rutas 152 (75.1 km) and 158 (14.1 km) and a new 6.9 km divided highway section that will connect the regions of Concepción and Cabrero by directly linking Ruta 152 and Ruta 146, a P3 section currently managed by Sacyr under Valles del Biobío company.

Sacyr Concesiones will invest close to €516 million (12.5 million UF) for this project. The overall goal of this project is to provide standardize the road layout with a dividing median with screens, rehabilitate the existing roadways, correct layouts and enable new bridges and sections of access roads, to improve safety and comfort standards for users. 

Main works in this P3 include 10 new interchanges, 2 bridges, 2 viaducts, 24 new stops, 12 new walkways, access roads, circuits, a new pedestrian bridge, more than 7 km of bike lanes, signage and demarcation, and the implementation of the free flow e-payment system. As for rehabilitation works, the main ones involve updating of road safety with vertical and horizontal demarcation, containment system; reconfiguration of pedestrian stops and sidewalks, improvement of sanitation and drainage systems and lighting systems. The Ruta del Itata P3 project will last for a maximum period of 45 years.

Fernando Ruiz de la Torre, Sacyr Concesiones’ General Manager in Chile said: "This project adds a new road project to Sacyr Concesiones’ current portfolio in Chile, demonstrating that as a Group we continue to be committed to the development of the country with the aim of improving the quality of life of people in the different regions where we develop our activities”.

"In the Biobío region we already operate the Valles del Biobío road P3, a strategic project for the southern sector of Concepción, and we are making progress in the construction of the New Railway Bridge for the State Railroad Company. Ruta del Itata, a key road for the regions of Ñuble and Biobío, is a new motivation for our team, who will continue to work on sustainable projects with high standards in road safety, which improve the quality of life of inhabitants and users, ranging from new bike lanes and pedestrian sidewalks, to a new modern and efficient connection. We are proud to bring improvements to connectivity in the area, as well as contribute to the progress of local communities, ensuring safer and more efficient road travel for all users," adds Ruiz de la Torre.

Sacyr in Chile

Sacyr’s presence in Chile dates back to 1996, when the company was awarded its first contract to build and operate Los Vilos-La Serena highway.

Sacyr currently operates five airports, 11 roads under P3 contracts and seven hospitals under construction or operation and five integrated water cycle P3 facilities, as well as flagship projects such as the construction of the new Rail Bridge for EFE, a new infrastructure that will replace the current bridge which is over 130 years old. 

Sacyr has activities in 14 out of the 16 Chilean regions, and employs over 4,500 people, always adapting to each region’s needs and characteristics to improve people’s quality of life.

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