Business Services Industry
ARGENTINA: Construction plans for proposed $1,000,000,000 highway projects, ABERTIS INFRAESTRUCTURAS SA [Spain] Order #: 080206.
WWP-Business Opportunities in Latin America & the Caribbean, August, 2006
PROJECT OVERVIEW
Spain-based INFRAESTRUCTURAS SA is currently gearing-up to complete various road construction projects around the city of Buenos Aires in Argentina that have been valued at a total of $1,000,000,000. The biggest component of the proposed development is for the construction of a $354,000,000 project to build 4 express lanes on the General Paz beltway. The new lanes are intended to allow drivers to travel more quickly between Acceso Oeste and a second highway, Acceso Norte, which ABERTIS also owns.
The planned roadways will be fee for use, with tolls collected by an automated electronic free-flow system. The General Paz beltway is currently a state-owned highway with no tolls. Other parts of the plan include the $72,000,000 project to...
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