March 13, 2018 |
Abertis said it will invest €110m ($135.69m), excluding VAT, in the Autopista del Sol Ruta 78 project after receiving approval from the Chilean government.
Chile's government, in return for the investment, agreed to lengthen the Spanish company's concession by 22 months to 2021, a statement from Abertis showed.
Investment involves construction of a new lane from Santiago de Chile to Talagante and complementary works, due to finish by 2020.
The Abu Dhabi Investment Authority (ADIA) owns a minorit
Spanish conglomerate extends concession and will inject up to $135m in toll road