Colombian deals

The Colombian authorities are agreeing terms with the Colombian electricity transmission company Interconexion Electrica (ISA) for the Autopistas de la Montana highway project. The Bogota-Villavicencio highway was also awarded although other infrastructure projects are still awaiting approval.
February 7, 2012 Read time: 2 mins
RSSThe Colombian authorities are agreeing terms with the Colombian electricity transmission company Interconexion Electrica (1311 ISA) for the Autopistas de la Montana highway project. The Bogota-Villavicencio highway was also awarded although other infrastructure projects are still awaiting approval. Contracts in 2010 for the Colombia's Ministry of Transport (Mintransporte) are estimated to be worth US$9.07 billion, which will be released within a seven year period. The third section of the Ruta del Sol will be launched by the end of the first quarter in 2010 and the project should be awarded to a company in June 2010. Meanwhile, the Colombian institute for concessions, 1314 INCO, has awarded another road project, worth $40.3 million to Grupo Nule. This comes in spite of concerns over delays in current works carried out by the holding. The additional road project for the Bogota-Girardot highway (operated by Grupo Nule subsidiaries MNV and Gas Kpital) involves interchanges in Soacha municipality, Cundinamarca. This consortium has asked the government on several occasions whether it can build the Autopista Longitudinal de Occidente (ALO) road in Bogota, claiming that it will alleviate traffic issues on the Sur (or southern) highway leading to Buenaventura.

The Colombian authorities are putting several large-scale infrastructure projects out to tender. These include the third stage of the Ruta del Sol highway, which will run from San Roque, Cesar, to the Y of Cienaga, Magdalena. The 1317 Colombian Ministry of Transport looks likely to boost the value of the work from US$954.19 million to $1.155 billion. Tender documents are also being prepared for Las Americas highway, a project valued at around $4 billion. The contract may be awarded in the first half of 2010 and is likely to require a 45 year period to recoup the original investment.

For more information on companies in this article

Related Content

  • Cutting congestion in Colombia’s capital with combined connectivity concept
    January 16, 2019
    A new transport plan for Colombia’s capital, Bogota, is intended to cut congestion. The plans are being drawn up by Bogota council's Urban Development Institute (IDU). In all 75 separate works are included in the plan, ranging from building or upgrading 155km of roads to constructing 183km of cycle lanes. Of the 75 works outlined in the plans, the aim is for 20 to be complete by the end of 2019. The IDU estimates that the work will cost US$5.5 billion to carry out. Upgrades to the Avenida Ferrocarril shoul
    Read More
  • Chile highway construction works planned
    May 12, 2017
    The Chilean Government is planning a series of major highway projects with the Ministry of Public Works (MOP) managing the works. The plans call for 14 concessions worth a total of US$3.74 billion to be awarded by January 2018. The second stage of Americo Vespucio Oriente highway (AVO 2) is costing $800 million and is a priority project. This has been delayed already and opening of the route is now expected for 2022. Five regional highways are also opening for tender, including the Ruta G-21 road link, whic
    Read More
  • Santiago’s Autopista Central in line for improvements
    June 18, 2015
    Motorway operator Autopista Central de Chile (AC) has applied to the Ministry of Public Works to make improvements worth around US$340 million to the Autopista Central system in the capital Santiago. Improvements are scheduled for the Quilicura area. AC will present an environmental impact and engineering study this summer to the ministry. Much of the work will take place at night time to avoid traffic disruption. Autopista Central consists of two highways, the westernmost of which branches off from t
    Read More
  • Mega city transport in Mexico
    June 13, 2012
    Rapid urban growth is resulting in massive mega cities with major transport needs and Mexico City is one of the world’s largest – Mike Woof reports Mexico City is a vast, sprawling metropolis and one of the world’s largest cities, resulting in huge problems for its inhabitants, particularly with regard to infrastructure. Measuring population size is an inexact science for large cities as suburban areas can add to the figures considerably, especially in developing nations where unplanned expansion is as comm
    Read More

Highlighted Content