Ecuador road contracts awarded

Two major road contracts have been awarded in Ecuador by the road authorities. OHL has won the concession for a 131km stretch of road between Babahoyo and Jujan. The 30-year concession package involves an investment of over US$726 million. Meanwhile Tecnica General de Construcciones has a 30-year concession for the 113km road connecting Buena Fe and Santo Domingo. This deal is worth $591 million and includes widening the road so that it features two lanes in either direction.