Project Details

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Results Chart for Delivery Method and Financing

Delivery Method

DBFOM All Private Finance
# of Projects: 1
100% of the Results

Background informationProject Created: April 30, 2013

Project Name: Rutas del Loa
Year in Operation:
Sector: Transportation
Subsector: Roads
Status: Project Definition / Programming
Type: Repositioning of Existing Facility
Description: The works consist in the construction of second carriageways, the replacement and restoration of pavement and crossings and connections though under and over passes. The project's importance lies, on the one hand, with improving the city of Calama's urban infrastructure and providing the city with more expedite and safer access roads for users. On the other hand, it will facilitate the transportation of copper from the mines of this part of the country, such as Chuquicamanta, the largest open pit mine in the world. With a total length of 136.5 km, the concession consists of Route 25 and the new ring road of Calama, allowing traffic connection from this mining area of the country to Route 5, which crosses the Andean country from north to south. Route 25 will become a double lane road and will be continued on the new Eastern link of this important mining city, which involves a 25.5 km long additional single carriageway road. The project includes service roads, a link road to Sierra Gorda, several intersections, flyovers, a toll station, an emergency service area, pedestrian ways, as well as drainage, signalling and road safety works. The revenue to finance the project will come from the tolls and state subsidies. The concession, for a maximum period of 35 years, is located in the Antofagasta Region, the second region in Chile and the most dynamic area in the country and it is expected to begin in year 2017.
Delivery Method as described in the country where it's located: Concession
Is the project still active: Yes
Comments:

Project Locations

Address: Ruta 25, Calama, Chile
City: Calama
State:
Country: Chile, Republic of

Souces of Project Support (Non-monetary)

Checkbox Checked Access to Land
Checkbox Checked Revenue Stream (Cash Flow) Created Through Initial Commitment of Public Sponsor(s): The state has committed to provide state subsidies for the project.
Checkbox Checked Environmental Clearance: Road previously operated road by the government.

Souces of Project Support (Monetary)

Checkbox Checked

From Private Capital Markets Directly to Producers as Debt: A total investment of EUR 250 million, which shall be expected to come from both Private Debt & Equity.

Checkbox Checked

From Producers as Equity

Project Delivery & Finance Method

Project Delivery:
All Public Finance. Public Sponsor contracts for initial design, and separately contracts for initial construction. Public Owner operates and maintains the resulting facility.
Is there an independent checking engineer? No
Project Finance Method: All By Private Sponsor

Procurement Approach

Project Component
Qualifications
Based Selection
Request for
Qualifications
Request for
Proposals
Invitation
for Bids
Unsolicited
Proposals

Term for Key Components & Forms of Contract

Project Component
Years
Quarters
Combined Term: Initial Design, Construction, O&M Period
35
0
Forms
Description
 
 

Project Value (If and As Known)

Date of Estimated Project Value: April 30, 2013
Project Value
Hard Cost
Hard & Soft Costs
Total
$200-500 Million US
(none)

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