Infrastructure investment plan
Premium Content
29 April 2008
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.
New tower cranes launched into the North American market this year
Connectivity and digital controls are reshaping heavy equipment and manufacturers are finding performance depends as much on durable electronics as on the vehicles themselves
Smarter airflow, not bigger systems, is aiding engine efficiency and uptime