Chile's finance minister has sought to downplay a row between the governmen...
SANTIAGO - Chile’s finance minister has sought to downplay a row between the government and the construction and engineering arm of South Korean giant Hyundai over a $740 million suspension bridge, saying disputes in such mega projects were “quite common”.
Finance Minister Ignacio Briones said he was confident the disagreement could be ironed out in talks or in the courts. However, it said on Monday that the government’s Department of Public Works and its legal advisers said at a meeting in December that it would not increase the value of the project.
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