Sacyr Concesiones has been selected as the awardee of the second P3 contract of Ruta 68 "Santiago - Valparaíso - Viña del Mar Road" project, which connects the Metropolitan and Valparaiso regions, in central Chile. Sacyr was the winner of this contract at the opening of the economic bid. This project seeks to improve the standard of this strategic 141 km-long route. Revenues are estimated to reach €3.3 Bn million throughout the project’s 30-year maximum concession term.
The project includes the improvement, construction, maintenance, and operation of both the existing route and the new works to increase the capacity of Ruta 68. In addition, free flow electronic toll gates will be incorporated along the road’s main branch and new infrastructures will be built, such as junctions, footbridges, bridges, bus stops, that will enhance road and pedestrian safety.
This project adds a new road P3 to Sacyr Concesiones’ portfolio in Chile, with nine assets in operation. The recently awarded Ruta del Itata contract shall also be included in this figure once it has been formalized.
Ruta 68 is one of the largest projects tendered by Chile's Ministry of Public Works with an investment of $1.6 Bn (€1.5 Bn) and will address significant infrastructure and connectivity-related challenges.
Sacyr is already present in the Valparaiso and Metropolitan regions through the San Antonio – Santiago Highway P3, Ruta 78, a vital road for commerce, tourism and connection between the capital and the coast; and Ruta de la Fruta, a strategic highway for agricultural development in central Chile.
Presence in Chile
Sacyr has activities in Chile since 1996, when it was awarded its first P3 for the construction and operation of the Los Vilos - La Serena highway, marking the beginning of its participation in the P3 system.
Since then, Sacyr has developed projects in its three key areas: P3s, Engineering and Infrastructure and Water, with a focus on playing a role as drivers of change in society, with sustainability being a fundamental pillar in the activities carried out by the Group.
Noteworthy P3 projects include five airports and nine highway sections, seven hospitals in different development stages and five integrated water cycle treatment plants.
Other flagship projects include developments such as the construction of EFE’s New Railway Bridge, a project that will replace the current structure that is more than 130 years old.
Present in 14 of Chile’s 16 regions, Sacyr creates more than 4,500 direct jobs, focused on quality, and committed to local realities and needs, always aiming to enhance the well-being of communities.
