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San Juan: Inter-American Development Bank will ensure the construction of the Agua Negra Tunnel

Governor Sergio Uñac met with the President of the Inter-American Development Bank (IDB), Luis Alberto Moreno, who ratified the entity’s commitment to the Agua Negra tunnel linking the IV Region of Coquimbo (Chile) with the Province of San Juan (Argentina).  The governor of San Juan, Sergio…

Argentina – Brazil – Chile – The Bioceanic Corridor, the key to reach the Asian markets

After more than two decades of being projected, the authorities say that now at the end of this year the contract for works of the new tunnel that will cross under the Andes Mountain Range will be awarded. At the end of this year, the works of the Aguas Negras tunnel will be awarded, It took more than two decades as…

Chinese and Europeans very interested in the $1.5 billion Chile-Argentina Agua Negra Tunnel

Chinese and European firms have formally expressed interest in building a landmark US$1.5 billion tunnel under the Andes mountains to connect Argentina and Chile. Chinese companies Power China and the Chinese Communications Construction Company, Spain’s OHL and FCC, and Italy’s Astaldi and Salini Impregilo are among…

Argentina and Chile receive IDB loans

Argentina and Chile receive IDB loans
The IDB will provide $6 billion to Argentina. It will also grant more modest loans to Chile to implement bilateral flagship projects, such as the Agua Negra tunnel, which will facilitate the exit of production from Argentina and Brazil to Asian markets. During the UNASUR Summit in 2009, the presidents of the three countries: Luiz Inacio Lula da Silva, Cristina…