Latin America

Sacyr financing $185m of the Puerta de Hierro highway in Colombia Sacyr Concesiones has completed the financial closure of the concession of the Puerta de Hierro – Palmar de Varela and Carreto-Cruz del Viso motorway in Colombia for $185 million (€168 million) with the financial institutions Banco Santander and BTG Pactual. The closure guarantees the …

CABEI and INCOFER agree to modernize Costa Rica’s rail network The Central American Bank for Economic Integration (CABEI) signed a memorandum of understanding with the Costa Rican Railway Institute (INCOFER) with the aim of developing strategies for the definition of regional railway projects and providing financing for such potential projects. The agreement will facilitate and …

CABEI signs agreement with Korea Eximbank to promote electric mobility in Costa Rica The commitment between CABEI and Korea Eximbank involves joint work for the promotion of the Fast Passenger Train of the Greater Metropolitan Area of San José in Costa Rica and electrical sustainability in the region. The Central American Bank for Economic Integration …

CABEI promotes an integrated Central America and sustainable development goals In order to present its role and relevance in the region, the Central American Bank for Economic Integration (CABEI) participated in the I Dialogue of the Central American Integration System denominated, “The Future of Central America: The Region We Want.” Since its creation, CABEI has …

Wirtgen W150CF mills the way for new Bus Rapid Transit in Torreón, Mexico A Wirtgen W150CF compact milling machine, equipped with new 1,800-mm milling drum assembly, mills the entire road pavement along the main city corridor in Torreón, Coahuila, Mexico, for the implementation of a brand new Bus Rapid Transit (BRT) system. Milling prepares the …

Islamic Development Bank approves $325m for projects in member countries The Board of Executive Directors of Islamic Development Bank (IsDB) has approved several projects worth US $325 million for Burkina Faso, Kazakhstan, and Mozambique. The approvals also include a Technical Assistance Loan to Suriname and a Waqf (endowment) project through the Islamic Solidarity Fund for …

Honduras strengthens road and productive integration with CABEI support Dr. Dante Mossi, the Executive President of the Central American Bank for Economic Integration (CABEI) has carried out a site visit to observe the progress of a number of road construction projects currently underway. The works include the A5 north highway section 2; the Villa de …

JCB expands in Latin America with $25m investment in Brazil JCB has announced a $25 million investment in its Brazilian operations as the company gears up for growth in the Latin America region. The investment was confirmed as JCB hosted the Governor of the State of São Paulo, João Doria at the company’s World HQ …

Uruguay Central Railway construction awarded to Sacyr led consortium The Grupo Vía Central consortium (GVC), led by Sacyr and the Uruguayan firms Saceem and Berkes, as well as France’s NGE, have signed a contract for the award of the Uruguay Central Railway project. The work, promoted by the Uruguayan Ministry of Transport and Public Works, …

IDB supports $150m rehabilitation of the national road network in Guatemala The Inter-American Development Bank (IDB) approved a US$150 million operation to Guatemala to implement an ambitious improvement and rehabilitation program of the roads connecting productive areas and departmental capitals to the main networks. This will allow a sustained transit of goods and people, which …

Metso delivering comminution and material handling equipment in Chile Metso has been awarded with an order to supply crushing, comminution and material handling equipment for the first stage of Codelco’s El Teniente copper mine expansion project located in Cachapoal Province in central Chile. The order was booked in Metso’s first-quarter 2019 orders received. El Teniente …

ALE adapts Manitowoc Crane to speed up wind farm project in Argentina ALE has utilised its innovative methods to adapt a crawler crane, Manitowoc 18000, with SPMTs to significantly reduce the schedule for the Loma Blanca wind farm project in Argentina. As the project included many challenges, ALE’s experience in wind services was vital to …

Colombia gets funding for 176 km of major road projects The highway concession Autopista al Mar 1, owned by Sacyr, has reached its financial closure, in which it has obtained funds totalling 2.19 billion Colombian pesos (around €630 million). This closure guarantees the investment required to execute the project successfully. The Autopista al Mar 1 …

Awards and honours at the International Slurry Surfacing Association Convention The 57th Annual Convention of the International Slurry Surfacing Association was held in February 18-21, 2019, in Cancun, Mexico. Founded in 1963, the International Slurry Surfacing Association (ISSA) is a non-profit association dedicated to the interests, education and success of slurry and micro surfacing, chip …

Sacyr awarded their fourth highway conservation contract in Peru Sacyr will be responsible for the routine management and conservation of 436 kilometres of highway along the road corridor linking the Peruvian departments of Ayacucho, Huancavelica and Junín, located in the centre of the country. The Rutas de Ayacucho Road Consortium, formed by two subsidiaries of …

Awards and honours at the Asphalt Emulsion Manufacturers Association annual meeting Awards, honours and professional recognition were the highlight of the 46th Annual Meeting of the Asphalt Emulsion Manufacturers Association (AEMA) held in February in Cancun, Mexico. AEMA Recognition of Achievement Award J. Michael Hemsley was awarded the 2019 AEMA Recognition of Achievement Award for …

ALE completes offshore project while optimising yard space in Mexico ALE has delivered an integrated solution to help complete a phase of a major offshore project in Mexico – the largest in terms of size and total value for the end client. The global heavylifting contractors performed the weighing, jacking and load-out of the jacket …

Guatemala to improve and rehabilitate the national road network with IDB support The Inter-American Development Bank approved a US$150 million operation to Guatemala to implement an ambitious improvement and rehabilitation program of the roads connecting productive areas and departmental capitals to the main networks. This will allow a sustained transit of goods and people, which …

STRABAG’s ZÜBLIN extends mining contract in Chile STRABAG Group’s Züblin International GmbH Chile SpA has been awarded an extension to its contract with Mina Candelaria Subterránea for another four years. The contract value amounts to €65 million. Located in Copiapó, in the Atacama region, 650 km north of the city of Santiago, the Candelaria Mine …

Epiroc wins large order for new copper mine in Peru Epiroc AB, a leading productivity partner for the mining and infrastructure industries, has been awarded a significant order from Anglo American for its new copper mine in Peru. Anglo American has ordered multiple drill rigs and related equipment to be used at its new Quellaveco …

ALE’s crane methodology saves significant costs on Mexico steel mill build The ALE in-house engineering team has used its expertise to save site costs and devise a lifting design that optimized the site during multiple crane lifts throughout January in Mexico. The global heavylifting leaders were contracted to lift modules, ranging from roof panels to …

SACYR to deliver rehabilitation of 324 km road corridor in Peru Provías has awarded to the consortium Vial Rutas del Cusco 2, a joint venture with Sacyr, Saopse and Sacyr Servicios Conservación subsidiaries for the management and rehabilitation of the 324 km road corridor linking the city of Cusco and the town of Echarate. The …

Rio de Janeiro named as World Capital of Architecture for 2020 The Director-General of UNESCO, Audrey Azoulay, will announce the designation of the city of Rio de Janeiro (Brazil) as World Capital of Architecture for 2020, in the presence of Marcello Crivella, Mayor of the city, and Thomas Vonier, President of the International Union of …

22 new Mabey bridges to future-proof Costa Rica against natural disasters Leading bridge and engineering services specialist Mabey is proud to announce that it has shipped twenty-two new bridges to the Ministry of Public Works and Transportation (MoPT) in Costa Rica. The bridges will help the MoPT build its bridging stock in preparation for future …

CABEI invests US$44m to improve Tegucigalpa’s Southern Highway in Honduras The financing is aimed at improving the southern access to the City of Tegucigalpa, achieving a more efficient connection between the Peripheral Ring and the CA-5 Southern Highway. The Central American Bank for Economic Integration (CABEI) granted financing to the Republic of Honduras for approximately …

Metso to acquire the service business of Chile’s HighService Corp Metso has agreed to acquire HighService Service, the service business of the Chilean mining technology and maintenance provider HighService Corp. HighService Service is a high-quality service provider for the mining industry, with operations in Chile, Argentina and Brazil. Its sales in the fiscal year 2017 …

SIKA opens plant in Guatemala and strengthens presence in Central America Sika has opened a new production plant in Central America, located in Palin in the metropolitan area of Guatemala City. This move further expands the company’s market position in the emerging countries of the region. The portfolio of locally manufactured products includes concrete admixtures, …

SACYR to rehabilitate Chiclayo Airport in Peru Sacyr Ingeniería and Infrastructures will carry out the rehabilitation of the Capitán FAP José A. Quiñones International Airport of Chiclayo in Peru for US$43 million / €38 million after obtaining the good in the bidding process convened by Aeropuertos del Perú. The works include the change of pavements …

EU bank confirms support for first line of Bogotá metro with US$480m in financing The European Investment Bank (EIB) today reiterated its commitment to finance the first line of Bogotá metro, a project to which the EU bank is contributing with a USD 480m credit line. EIB Vice-President Emma Navarro, who is currently on an …

Latin America Bitumen Market share to exceed US$5.7 billion by 2024 According to a new research report by the market research and strategy consulting firm, Graphical Research, Latin America Bitumen Market size to cross US$5.7 billion by 2024. The construction industry in Latin America deemed to be a profitable quotient for the product market owing …

Volvo to deliver 700 city buses to Bogotá Colombia Volvo Buses has in a public tender with Fanalca/Transdev and Somos K been awarded 700 city buses to Bogotá in Colombia. The buses will operate in Transmilenio, Bogotá’s BRT (Bus Rapid Transit) system. The new orders are the largest in ten years for Volvo Buses in …

Efficiency and reduced risk using TLG1000 for inaugural bridge installation in Argentina ALE has demonstrated the TLG1000’s ability to perform high capacity lifts safely and securely during the installation of an elevated viaduct in Argentina. ALE was tasked with installing 538 concrete girders, weighing 230t each, over the San Martin railway in Buenos Aires. 534 …

Metso recognized again as a leader in the Chilean mining industry For the seventh consecutive year, Metso was listed as the leading supplier in the Chilean Mining Suppliers’ Ranking conducted by Phibrand. In 2018, Metso was recognized as the best in Grinding Performance and Plant Maintenance Services categories as well as the Most Recognized International …

Wirtgen W200 rehabilitates Brazil’s congested road network With precision milling results and flexible deployment options, the Wirtgen large milling machine put in a convincing performance in the rehabilitation of two main traffic arteries between São Paulo and Brazil’s largest port. Job for a W 200 in the Brazilian uplands The Anchieta-Imigrantes motorway system is the …

Parsons builds another Footbridge in Panama with Bridges to Prosperity Parsons, in partnership with Bridges to Prosperity (B2P), recently sent an 11-member team to Banacito, Panama, a small community of 700 people approximately 190 km outside of Panama City to build a 106-m suspension footbridge over the Rio Toabre. This year’s bridge build was over twice …

The top five mines in the world Many necessities of modern life rely on mined materials – but where are these minerals coming from and what exactly makes them so impressive? 1. AS GOOD AS GOLD – KALGOORLIE SUPER PIT, Australia Located in Western Australia the Kalgoorlie Super Pit is one of the largest open …

STRABAG wins additional €800m section of Alto Maipo hydropower project in Chile After the refinancing that was successfully concluded yesterday, Tuesday, the publicly listed construction group STRABAG has taken on another construction section for the Alto Maipo hydropower complex in Chile. The additional contract value of approx. €800 million leads to a total contract value for …

Metso signs landmark mining services agreement in Brazil Metso has signed a significant service agreement including refurbishment services for screening equipment used in mining applications, related spare parts and support. This new agreement is Metso’s largest service contracts of this type in the Brazilian market. With Metso’s solution, the customer is aiming to increase screen …

SIKA establishes National Subsidiary in Honduras Sika is laying the foundation for further growth in Central America by establishing a national subsidiary in Honduras. With the new subsidiary customers will benefit from faster supply of Sika products and solutions as well as an expanding product range. The new national subsidiary will enable Sika to broaden …

ALE go for gold with Olympic roof installation ALE has completed the roof installation of the Olympic Parque Roca swimming pool in Buenos Aries, Argentina. The lifts were performed in December and finished in January. The company installed six sections, weighing up to 50t, as well as a springboard and steel structure, using a 600t …

Anglo American recognises Metso for promoting safety During the past year, Metso has received several important recognitions for its safety management of maintenance operations at its Los Bronces Division in Chile. The latest, Major Commitment to Safety – Los Bronces Operation award was presented at the Anglo American Chile’s Annual Meeting of Safety and Occupational …

Metso Chile Life Cycle Services case wins Mining Magazine Service and Support award A Metso Chile Life Cycle Services case has received the 2017 Mining Magazine Award for “Service and support.” Life Cycle Services are designed to maximize equipment uptime, ensure the highest end-product quality, and secure continuous production for the customer. In its annual …

Valoriza wins €30m maintenance contract for lines 2 and 6 of Santiago Metro Sacyr’s subsidiary, Valoriza Facilities, has won the contract to clean and maintain minor lines 2 and 6 of the Santiago de Chile Metro for €30 million. The contract includes the cleaning and maintenance of 32 stations (220,300 m²), intermodal terminals and workshops …

DXR Struck Gold in Columbia! In a remote part of Colombia, surrounded by muddy waters and dense, humid jungle, there is an area full of tunnels into the Earth. These tunnels are owned by Operadora Minera S.A.S. and it is in these tunnels that 3.5 tons of gold are hauled out of per year. With …

Sacyr awarded €38m construction and rehabilitation projects in Bogotá Sacyr has been awarded three new projects for the construction, rehabilitation and updating of different urban areas in Bogotá (Colombia). The three projects, which represent a budget of €38 million, reinforce Sacyr’s position as one of the leading construction and infrastructure companies in Colombia. The first …

Bergkamp announces FIZAMAQ Cía. Ltda as new distributor in Ecuador Bergkamp Inc., based in Salina, Kansas, USA, announces FIZAMAQ Cía. Ltda. as its new distributor in Ecuador for the full line of Bergkamp pavement preservation equipment, as well as emulsion mills and laboratory plants through the Bergkamp Bituminous Solutions line. The appointment reinforces Bergkamp’s commitment …

Latin American Liebherr dealers hold conference in Chile Liebherr invited sales partners from eight Latin American countries to a dealers’ conference in Chile. In addition to visiting the airport site in Santiago and a presentation of the NC-B series tower cranes, the focus of the three-day event was on exchanging views with each other. It …

FCC wins bid to widen section I of the Inter-American Highway in Panama The consortium FCC Corredor de las Playas I, formed by FCC Construcción and the operator CICSA (infrastructures and construction division of the Grupo Carso), has won the bid to widen the first section of the Inter-American Highway (Panama). The consortium had the …

Julio and Julio in Brazil reduce quarry operating costs with Metso Haul Truck Solution Julio and Julio Group has chosen Metso’s Haul Truck Solution to reduce the operating costs and improve the performance of its truck fleet in the São Domingos quarry in Sorocaba, Brazil. This investment is estimated to reduce operating costs by 30% …

Scalability of Metso’s award-winning HRC technology confirmed in pilot testing in Chile The scalability of Metso’s HRCTM high-pressure grinding technology has successfully been proven in pilot tests. The tests were conducted at a customer pilot plant in Chile during 2016 and 2017. Following the success of the pilot, similar projects will be operational in the …

LafargeHolcim supplies eco-friendly high-performance concrete for new Mexico City Airport LafargeHolcim will supply environmentally friendly, high-performance concretes for the construction of Mexico City Airport. Designed by architects Lord Foster and Fernando Romero, the project will be the world’s most sustainable airport and will eventually serve 68 million passengers a year. LafargeHolcim’s concrete solutions used for …

President of Ecuador marks construction of US$1B deep water port in Posorja The President of Ecuador Lenín Moreno and DP World Group Chairman and CEO, Sultan Ahmed Bin Sulayem today performed a ground-breaking ceremony to mark the start of construction of the greenfield multi-purpose port project at Posorja, Ecuador. The ceremony follows the 50-year concession …

Metso Peru shows off their latest Mining Innovations at Perumin 2017 At Perumin, one of the main mining exhibitions in Latin America, Metso will introduce its latest innovations for exceeding the mining industry’s efficiency, productivity, and sustainability targets. Perumin 2017 will take place in Arequipa, Peru, on September 18-22. “Perumin is a strategically important event …

Hyperloop One announces 10 winners for Hyperloop One Global Challenge Hyperloop One, the only company in the world that has built a full-scale Hyperloop system, today announced the winners of its Hyperloop One Global Challenge to identify the strongest new Hyperloop routes in the world. Following a close assessment of the proposals by a panel …

Parsons helps Bridges to Prosperity construct a footbridge in Panama Parsons, in partnership with Bridges to Prosperity (B2P), recently sent an 11-member team to Rio Grande—a small community of 200 people about 350 km outside of Panama City, Panama—to build a 47-m suspension footbridge over the Rio Grande River. Parsons’ multinational team worked for 2 weeks …

President of Ecuador marks construction of US$1 billion deep water port On the first of September the President of Ecuador Lenín Moreno and DP World Group Chairman and CEO, Sultan Ahmed Bin Sulayem performed a ground-breaking ceremony to mark the start of construction of the greenfield multi-purpose port project at Posorja, Ecuador. The ceremony follows …

Metso presents latest innovations for the mining industry at Exposibram 2017 At Exposibram, the largest mining exhibition in Latin America, Metso will introduce its latest innovations for mining industry, including UltraFine Screen, and the industry-changing MX4(TM) cone crusher featuring Multi-Action technology. Since the US launch in March, over 20 MX crushers have been sold globally. …

IDB funds General San Martin metropolitan area railway line US$400m improvements in Argentina A railway improve project in Argentina has been funded for the section between Retiro Station in downtown Buenos Aires and Pilar Station in the city’s outskirts, cutting travel time and greenhouse gas emissions. The Inter-American Development Bank (IDB) has approved a $400 …

Metso recognized as most outstanding international mining supplier in Chile Metso has received an award as the most outstanding international mining supplier 2017 in the ranking of the mining industry suppliers in Chile. Metso has received recognition in this ranking for six consecutive years, this time taking the lead in the category of international suppliers. …

Minera Las Bambas gives METSO award for exceptional safety performance in Peru Metso has received an award from Minera Las Bambas for achieving the goal of zero incidents during plant shutdowns. The shutdowns took place from September 2016 to June 2017, totaling 50,000 hours of work without any incidents. “We are impressed by Metso’s commitment to …

WSP announces acquisition of Poch, a leading Latin American consulting firm WSP Global Inc., one of the world’s leading professional services firms, has announced that it is pursuing its expansion in Latin America through the acquisition of Poch, a 730 employee professional services firm based in Chile. The firm has additional offices in Peru, Colombia …

ALE completes concrete Aqueduct launch in Córdoba, Argentina ALE has successfully completed the incremental launch of a concrete aqueduct of 11,200t in the Province of Córdoba, Argentina. ALE started launching the aqueduct, comprised of 44 voussoir sections, in August 2015 reaching a total length of 1,100m and was completed in a period of eight months. …

Parsons partners with Bridges to Prosperity to construct a footbridge in Panama An 11-member Parsons team will travel to Panama this summer to work alongside the non-profit charity Bridges to Prosperity to construct a footbridge for a small community of rice farmers. In 2015, Parsons committed to becoming a Country Partner for Bridges to Prosperity, …

Colombia signs €640m concession contract for Cúcuta to Pamplona Highway Sacyr Concesiones will invest 2 billion Colombian pesos (around €640 million) in renovating the 67-kilometer road and completing the dual carriageway corridor. The National Infrastructure Agency (ANI) of Colombia has signed the concession agreement for the Cúcuta-Pamplona Fourth Generation Highway with Sacyr Concesiones. The highway …

Mining companies in Pacific Rim sign three new Life Cycle Services Contracts with Metso During the first quarter of 2017, Metso signed three new long-term maintenance contracts with major mining companies in the Pacific Rim region. Through these new Life Cycle Services (LCS) contracts, Metso will provide improvements in the availability of equipment to meet …

AGD Systems wins British Brazilian export award AGD Systems, a leading UK manufacturer of ITS product solutions, including traffic radar, was listed as one of the top 20 export partners to Brazil in the prestigious Foreign & Commonwealth Office Department for International Trade British Brazilian Awards. AGD was announced as a winner alongside companies such …

European Investment Bank lends Nicaragua US$136 million for construction of rapid transit bus line in Managua The European Investment Bank (EIB) is providing USD 136 million to finance the construction of a new Bus Rapid Transit (BRT) line in Managua to run alongside Avenida de Juan Pablo II, one of the capital’s main arteries.  The …

Arteris, Abertis’ subsidiary in Brazil wins the 30 year concession for Rodovias dos Calçados The new package sums up the 317 kilometers currently managed by the Autovias concessionaire, Arteris’ subsidiary, to other 403 kilometers that were until now under the direct management of the Government of the São Paulo state. In total, they sum up 720 …

World Bank Rural and Urban Access Improvement Project will benefit more than half a million Nicaraguans Nicaraguan farmers, ranchers, transport and micro entrepreneurs, 51 percent of them women, will benefit from improved roads financed through a new credit approved today by the World Bank Board of Directors. The US$ 96.8 million credit will support efforts …

Mexico awards US$4.2 billion airport terminal project for Mexico City A Mexican-Spanish consortium led by FCC majority shareholder Carlos Slim’s Grupo Carso has landed a US$4.2 billion contract to build the terminal for Mexico City’s new airport. The consortium also includes another Spanish company – Acciona, along with local Mexican companies ICA, GIA, Prodemex, Grupo …

Belize Road Safety Project wins Prince Michael International Road Safety Award The Belize Road Safety Project has received a Prince Michael International Road Safety Award. The Project, which was launched in 2013 with funding from the Caribbean Development Bank (CDB) and the Government of Belize, received the commendation in the Road Safety Management category. The …

Paso de Agua Negra International Tunnel will connect Argentina and Chile The Inter-American Development Bank (IDB) has approved a US$40 Million loan that will allow preliminary works for the new Paso de Agua Negra International Tunnel (PETAN) which will be 13.9 kilometres long and constructed at an altitude ranging from 3,620 metres to 4,085 metres …

Paraguay A contract was awarded a contract by the Ministry of Public Works and Communications (MOPC) of Paraguay to a consortium led by Sacyr Concesiones, which includes Mota Engil and Ocho A for the construction and operation of Road 2 – between Asunción and Coronel Oviedo, and Road 7 – linking Coronel Oviedo and Caaguazú. …