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Roads · Project Example

Vespucio Norte Express

City Santiago de Chile
Country Chile
Client Ministry for Public Works, Chile
Contract type BOT (Build-Operate-Transfer)
Capital expenditure EUR 521 million
Contract period 30 years (2003–2033)
Life span
Shareholders Brookfield Asset Management (100 %)

In 2001 the Chilean Ministry for Public Works awarded HOCHTIEF PPP Solutions and a partner the contract for the PPP project. The consortium planned, financed and built the 30-kilometer section of the beltway around Santiago de Chile on the basis of a BOT (Build Operate-Transfer) contract. It was opened to traffic in 2006, and the Canadian investor, Brookfield Asset Management is responsible for operating it until 2033. The project’s investment volume amounts to EUR 521 million.

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