Inflation, political uncertainty and concessions to mark Chile’s 2023 infra agenda
The first tenders for concessions under the Gabriel Boric administration, high inflation impacting construction firms and highway tolls, and a second attempt to write a new constitution will be the main factors marking Chile’s infrastructure sector during 2023.
Following intense negotiations after voters rejected an initial draft constitution in September, a new process will kick off this month as congress chooses the members of a panel of experts that will draw up a preliminary document that will be used as the basis by a separate elected body.
This new body, which will be called a constitutional council rather than the previous constitutional convention, will have 50 members, as opposed to the 154 that drafted the version rejected in the referendum. Read More…