Since January 2006, Vespucio Norte Express, the approximately 30 kilometer-long northwestern section of Santiago de Chile's beltway, has been open to traffic. At the end of 2001, the Ministry for Public Works in Chile awarded HOCHTIEF and its partners the contract for planning, financing, constructing and operating the toll-based beltway, with a total investment volume of approximately EUR 520 million. The B.O.T (build, operate, transfer) project Vespucio Norte Express is part of Chile's ongoing concession program.

To ease the road traffic situation in the Chilean capital, the existing two-lane road was expanded into a free-flow three-lane beltway.

The consortium in which HOCHTIEF is involved won this future-oriented project in the face of strong international competition. HOCHTIEF's share is 45 percent. The 30-year concession contract came into effect with the start of the construction works in April 2003. After expiry of the concession contract, ownership of the beltway is transferred to the Chilean state.

 Picture Gallery Vespucio Norte Express