Chile announces US$5.882 billion in infrastructure investment for 2023

Chile plans to invest US$5.882 billion in its infrastructure in 2023, stated Jessica López, the Minister of Public Works.

The allocation of funds is part of the ongoing public-private partnership program that has been central to infrastructure development for the past 30 years.

López emphasized that a variety of projects in different regions are set for the tendering process within this year. Key focus areas will be roads and airport projects.

The minister also recognized the need for system improvements, addressing concerns such as service quality, tariff structure, and a reduction in processing times for public works.

Leonardo Daneri, the President of the Association of Concessionaires of Public Infrastructure Works A.G. (COPSA), underlined their partnership with the government in generating essential infrastructure.

He expressed gratitude to the Ministry and the Government for sustaining the concession portfolio.

The tenders for the year include projects spanning highways in the north and south, airports, a penitentiary, and electrical corridors.

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