This Tuesday, ISA Intervial, ISA subsidiary in Chile, The tender to build and operate the ‘Sur Santiago Orbital Concession’ project was won, after having presented the best economic offer to the Ministry of Public Works.
This is the first urban road project that will promote ISA, with which it reaches a total of 1,106 kilometers of routes under construction and operation in Chile, Colombia and Panama.
The company will receive, on average, annual revenues of more than 46 million dollars, from the entry into operation of the project.
The ‘South Santiago Orbital Concession’ It will improve connectivity, reinforce road safety and promote local economic development, which will positively impact people’s quality of life.
“We are very proud to continue consolidating our track platform in
Latin America, With this new concession we continue to grow in the market
roads of Chile with our first urban project,” said Gabriel Jaime Melguizo, president of ISA.
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‘Santiago Orbital Concession’ has eight Free Flow collection gantries that will reduce CO2 emissions by approximately 400 grams per vehicle.