Chile bridge project under control

The project to build the Chacao Bridge in Chile will now be managed fully by South Korean Contractor Hyundai. The firm formed a consortium, Consorcio Puente Chacao, with Brazilian contractor OAS to build the bridge. However OAS later hit financial issues, so Hyundai has now assumed full control of the project. The new bridge will connect the mainland with Chiloe Island and will be designed to cope with potentially extreme conditions. The area has suffered some of the most powerful earthquakes ever recorded so the bridge will be a suspension type able to move without damage in the event of any major shocks.