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Concession details
Location: |
Chile |
Concessionaire Company: |
Vespucio Norte Express |
Stake: |
46.48 % - Stake sold in 2011 |
Size of investment: |
UF 24,3 millon |
Contract term: |
23/05/2002 - 2032 |
Link: |
www.vespucioexpress.cl |
Project description: Public works concession contract for the design, financing, maintenance and toll management of the "Sistema Américo Vespucio Nor-Poniente, Av. El Salto - Ruta 78" road. The Sistema Norte-Sur is located on the Américo Vespucio Bypass, along the 29km section between Av. El Salto and Ruta 78 (Santiago - San Antonio Motorway), crossing the Nor-Poniente area of Santiago. It uses a real toll system with "free-flow" technology. The motorway was fully opened to traffic on 4 January 2006. |
Interesting facts: Record placement in Chile (UF 16m). It was the largest ever achieved in Chile and was 86% oversubscribed. It holds a AA credit rating. |
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