Infrastructure investment plan

Chile's Government has launched a US$ 870 million infrastructure investment plan for 2007, according to news agency BNAmericas. Announcing the plan, President Michelle Bachelet said that the private sector is also expected to invest US$ 2.2 billion, while an additional US$ 200 million will be spent on public roads.

About US$ 394 million of the public investment will go towards road maintenance and rehabilitation. In addition, US$ 55 million will be spent on multi-modal terminals (road/rail/air/waterway connections).

The transport and multi-modal works will include the development of Chile's railways. Increasing airport and port capacity is also being given priority, as is highway and trade corridor investment.