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MEDIA RELEASE: CHILE ANNOUNCES US$14 BILLION IN INFRASTRUCTURE INVESTMENT OPPORTUNITIES MONDAY, June 4th, 2012, Kuala Lumpur: Malaysia External Trade Development Corporation (MATRADE) said today that the Chilean Foreign Investment Committee under the Ministry of Economy, Development and Tourism had announced a slew of substantial foreign investment projects in the infrastructure sector. These projects include the retender of the AMB International Airport in Santiago on a Build, Operate and Transfer (BOT) basis. The current 823,000m2 terminal will have an additional 375,500m2 of remodelling and terminal expansion with estimated investment at US$500 million and the capacity to handle over 29 million passengers by 2030. The El Tepual Airport (PMC) at Puerto Montt is also up for retender but details remain unconfirmed at present. The Chilean Government is also building a new cargo terminal for the port of Puerto Montt for general and bulk cargo ships to ease congestion at the present facilities. The call for bids and award for the estimated US$50 million project are expected by the second half of 2012 with operations to start before end 2015. Plans are also underway for the expansion of Terminal 2 Espigón, Port of Valparaíso. Estimated investment is between US$325 to US$391 million including equipment. The announcement also included work for five hospitals including the existing Antofagasta Hospital estimated at US$251 million. Four other new hospital buildings, all on a BOT basis are also in the works at a total estimated investment of US$1,071 million. The Transandino Central Railway (Aconcagua Bioceanic Corridor) is also being built to reduce congestion on the present Los Libertadores Pass. Estimated investment is US$3,300 million with anticipated benefits of US$13,000 million and 80 million tonnes of freight annually. Santiago’s subway will also see 2 new lines carrying 120 million passengers a year at a cost of US$2,800 million while the state-owned railway Empresa de Ferrocarriles del Estado (EFE) is also undertaking infrastructure expansion and upgrading works to the tune of US$260 million. Menara MATRADE, Jalan Khidmat Usaha, Off Jalan Duta, 50480 Kuala Lumpur, MALAYSIA Tel: (+60 3) 6207 7077, Fax: (+60 3) 6203 7194, URL: www.matrade.gov.my Various roads and highway concessions are also available including 86km of roads between the Elqui and Limari Provinces totalling US$204 million, the 31.3km Loa Roads at US$294 million, the Américo Vespucio Oriente (AVO) urban highway with 13kms of extensions, the Nahuelbuta Highway expansion of Road 180 with an investment value of US$222 million, the new urban Santiago-Lampa Highway in north-western Santiago at US$78 million, the US$150 million New Industrial Bridge over the River Bío-Bío and the 22km Costanera Central Highway valued at US$1,388 million. The Foreign Investment Committee is also seeking input into a number of initiatives subject to feasibility studies and these include the US$640 million Santiago-Valparaíso Region Railway Connection, The Municipal Civic Center and underground parking facilities in Calama, Two public buildings in Iquique and Valdivia, the improvement of the ValparaísoViña del Mar Transport System, Coastal Route at US$384 million and the Bicentennial cable car at US32 million. As closing dates for bids and contract periods for the various projects differ, MATRADE advises interested Malaysian companies to contact them for further information. Issued by Malaysia External Trade Development Corporation (MATRADE) on Monday, June, 4th, 2012. Menara MATRADE, Jalan Khidmat Usaha, Off Jalan Duta, 50480 Kuala Lumpur, MALAYSIA Tel: (+60 3) 6207 7077, Fax: (+60 3) 6203 7194, URL: www.matrade.gov.my NOTE TO EDITORS For more information, please contact: En. Khairul Annuar Abdul Halim Deputy Director Corporate Communications Unit Malaysia External Trade Development Corporation (MATRADE) Tel (Direct): 03 – 6207 7140 Email: [email protected] About MATRADE The Malaysia External Trade Development Corporation (MATRADE) was established on March 1, 1993 as the external trade promotion arm of Malaysia's Ministry of International Trade and Industry (MITI). Its functions are: To promote, assist and develop Malaysia's external trade with particular emphasis on the export of manufactured and semi-manufactured products and services; To formulate and implement export marketing strategies and trade promotion activities to promote Malaysia's export; To undertake commercial intelligence and market research and create a comprehensive database of information for the improvement and development of Malaysia's trade; To organise training programmes to improve the international marketing skills of Malaysian exporters; To enhance and protect Malaysia's international trade investment abroad; and To promote, facilitate and assist in the services areas related to trade. Menara MATRADE, Jalan Khidmat Usaha, Off Jalan Duta, 50480 Kuala Lumpur, MALAYSIA Tel: (+60 3) 6207 7077, Fax: (+60 3) 6203 7194, URL: www.matrade.gov.my