Ecuador's Transport and Public Works Ministry will receive proposals for a 95km motorway between El Oro and Guayas provinces this month.
Seven firms are reportedly interested in building the motorway under a 30-year concession and work could start by the end of the year, according to a report in the Telegrafo newspaper.
The motorway will have three toll booths that each will charge US$1.50. (EUR 1.37) each. The winner will operate the concession for 30 years. The road will have a length of 95kms.
The cost is estimated at around $365 million with all financing coming from the private sector.
Both provinces are on Ecuador’s Pacific coast, with El Oro noted for banana and coffee exports. Guayas is Ecuador’s most populous province, with around 3.6 million people of which most live in Guayaquil, Ecuador’s largest city.
Seven firms are reportedly interested in building the motorway under a 30-year concession and work could start by the end of the year, according to a report in the Telegrafo newspaper.
The motorway will have three toll booths that each will charge US$1.50. (EUR 1.37) each. The winner will operate the concession for 30 years. The road will have a length of 95kms.
The cost is estimated at around $365 million with all financing coming from the private sector.
Both provinces are on Ecuador’s Pacific coast, with El Oro noted for banana and coffee exports. Guayas is Ecuador’s most populous province, with around 3.6 million people of which most live in Guayaquil, Ecuador’s largest city.
