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MercoPress, en Español

Montevideo, April 18th 2024 - 01:37 UTC

Tag: Paso de Agua Negra

  • Tuesday, December 13th 2016 - 08:49 UTC

    First loan for an Andes tunnel to connect Argentina with Chile as part of Mercosur road net

    The new Agua Negra tunnel will be 13.9kms long and stand at an altitude of 3,620 to 4,085 meters above sea level, at an estimated cost of US$ 1.5bn

    The Inter-American Development Bank (IDB) has approved a US$40 million loan that will allow for bidding to begin for the Agua Negra tunnel, which will connect San Juan province in Argentina with that of Coquimbo in Chile. The tunnel is key to improving trade integration between the two countries and the rest of Mercosur through a new corridor that will connect the Atlantic and the Pacific from Porto Alegre, Brazil, west to Coquimbo, Chile.