Government Supports Codelco's Decision to Collect Astaldi Guarantee Voucher



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The Minister of Mines pointed out that the board of directors has done it to protect workers and avoid any risk to the development of Chuquicamata Subterránea.

Ministers of Mines and Finance, Baldo Prokurica and Felipe Larraín, state representatives as a shareholder of Codelco, spoke of the state's decision to raise $ 62 million American on a guarantee slip issued by the Italian Astaldi.

Astaldi is one of the leading companies in charge of the development of Chuquicamata Subterráneo, a project that must be ready. next year. Although the Italians have not experienced a failure to do their job, this measure was taken in the face of the risk that the situation in Italy will spread in the country and end up damaging the development of the work.

The Minister Larraín said that "in my opinion," it is a preventive measure to be able to maintain the execution of the work. "

The Minister of Mines in turn deepens the measure and explained that, although Astali did not have any problems in Chile – at least in the mining sector -" The Board of Directors of Codelco made this decision with two objectives: first, to protect workers, as they have about 2,500 pieces in the works they perform, and furthermore, to ensure that any measure adopted can not affect the works; that they are paralyzed, which worries us all and that a new call for tenders must be called. "

" What has been done, is that separate new contracts have been pbaded in order to allow the completion of this work. in the estimated times, "explained Prokurica.

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