Ecuador awards highway PPP

Ecuador awards highway PPP

Ecuador Project & Infrastructure Finance

Ecuador's transportation and public works ministry MTOP said it has granted a public-private partnership for the Rio Siete-Huaquillas highway to the Consur consortium.The consortium won the 30-year contract after it was the only bidder for the project. Consur includes local builder Hidalgo e Hidalgo and Peruvian construction firm Casa Contratistas.The $1.84bn project involves $665m in construction costs and $1.17bn in operating and maintenance costs, MTOP said. The Inter-American

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