Sacyr Press Room Press Releases Sacyr wins Ruta del Itata P3 contract in Chile

Sacyr wins Ruta del Itata P3 contract in Chile

  • Sacyr Concesiones is to upgrade and expand this road, in central Chile, with an investment of close to €516 million.

The Chilean Ministry of Public Works has chosen Sacyr Concesiones’ tender offer as the most competitive to win the Ruta del Itata second P3 (North Access to Concepción). This road spans 96 kilometers and connects the regions of Ñuble and Biobío in Central Chile. 

The Ruta del Itata P3 project will last for a minimum period of 18 years and will have a €1.2 Bn backlog.

Sacyr Concesiones will make an investment of close to €516 million, which will be used to improve, build, maintain and operate the Ruta del Itata.

Works span across the 96.1 km of the P3 project, which include 75.1 km of Ruta 152; 14.1 km of Ruta 158 and a new 6.9 km connection that will connect it to Ruta 146, another Sacyr P3 through the Valles del Biobío P3 company. 

The project consists of upgrading the existing roads, rectifying the layout and enabling new bridges and sections of service streets, improving safety and comfort standards for users. 

Main works of this new P3 include 10 new junctions, 2 bridges, 2 viaducts, 24 new stops, 12 new walkways, service streets, circuits and a new pedestrian bridge, more than 7 km of bike lanes, signage and demarcation, and the implementation of the free flow toll system.
 

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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, nine roads totaling more than 6,000 km under P3 contracts and representing 10% of the Chilean road network. It also includes seven hospitals under construction or operation and five integrated water cycle P3s, 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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