Colombian connections boost road building

Colombia continues to invest heavily in its transport connections, with the prospect of more contracts to come.
February 23, 2012 Read time: 1 min
Colombia continues to invest heavily in its transport connections, with the prospect of more contracts to come. The Andean Development Corporation (CAF) and the 3120 Urban Development Institute have jointly produced a report that recommends building new highways to improve traffic links from capital Bogota. In all 14 new road corridors will be built to connect Bogota to the rest of the country and to help reduce congestion. The report suggests that the roads should be tolled and the deals are likely to be offered in four different concessions of 169.5km each. The construction work is expected to cost in the region of US$2.1 billion in total. Meanwhile details are also now available on the project to build the second section of the Ruta del Sol highway, which will link Puerto Salgar with San Roque. This project is expected to cost $1.26 billion with funding being supplied by seven banks. Funding for the 530km highway project will come from 1305 Odebrecht, CSS Constructores y Estudios, Proyectos del Sol, Bogota, Occidente, Popular, 3121 AV Villas, 3123 Bancolombia, 3125 Davivienda and 3127 Helm Bank. The work is due to start in the first quarter of 2011 and is due for completion in 2016.

For more information on companies in this article

Related Content

  • New road links will cut congestion in St Petersburg
    June 20, 2016
    Road building will solve the problem of traffic jams in St Petersburg – Eugene Gerden writes The authorities in Russian city St Petersburg plan to solve the problem of traffic jams in the city during the next few years. The strategy is expected to be achieved through road building and the improvement of transport connections between different districts in the city. Implementation of these plans will take place as part of the decree 355 "Of the Strategy of St Petersburg Economic and Social Development
    Read More
  • Brazil highway concessions in renegotiation
    October 25, 2017
    Two firms holding concessions for major highways in Brazil are asking the government for the terms to be renegotiated. Odebrecht Transport and Triunfo Participacoes e Investimentos are looking to join a new concession renegotiation scheme.
    Read More
  • Philippines starts bridge improvement consultation
    June 23, 2025
    Feasibility study on construction and/or replacement of 25 priority bridges
    Read More
  • Colombia’s transport plan is seeing the road network expand
    September 11, 2017
    Colombia's strong focus on infrastructure development from 2011-2017 has seen the country make vast improvements to its road network. In all the National Infrastructure Agency (ANI) has invested US$7.94 billion in the construction of 1,435km of new roads as well as over 200 new bridges. Colombia’s capital Bogota has benefited from a series of transport projects during this period. Meanwhile four highway projects will improve Bogota’s connections with the rest of the country.
    Read More

Highlighted Content