Odinsa’s PPP proposal with Invias for 1,768km of Colombia’s roads

Colombian construction firm Odinsa is looking to become one of the country's major concession operators. The ambitious company has put forward a new proposal for a public-private partnership for the repair and maintenance of 1,768km of roads that are the responsibility of Invias. The US$409.83 million (COP 750bn) Odinsa proposal seeks to repair 48% of the roads in the next two years, for which the company will use revenue from 20 out of the 35 Invias tolls that it manages. Works would be contracted with thi
May 10, 2013 Read time: 1 min
Colombian construction firm 3214 Odinsa is looking to become one of the country's major concession operators.

The ambitious company has put forward a new proposal for a public-private partnership for the repair and maintenance of 1,768km of roads that are the responsibility of 2812 Invias. The US$409.83 million (COP 750bn) Odinsa proposal seeks to repair 48% of the roads in the next two years, for which the company will use revenue from 20 out of the 35 Invias tolls that it manages. Works would be contracted with third parties, including signalling and bridge maintenance. Currently, the firm operates five concessions in Colombia.

For more information on companies in this article

Related Content

  • Colombia: Toyo Tunnel award to be made in September
    July 15, 2015
    The contract award for Columbia’s 9.75km Toyo Tunnel project will be made on September 28, according to Columbian media. The tunnel, costing almost US$760, will be part of a new 39km road between Santa Fe de Antioquia and Canasgordas. World Highways reported in January that the central government will contribute $216 million towards the project, the regional government of Antioquia department will contribute $337 million and the Medellin city government will pitch in with $212 million. Columbia’s N
    Read More
  • Colombia tunnel construction contract commencing
    February 5, 2018
    Driving work has commenced for Colombia’s Toro Tunnel project. The tunnel will measure 9.8km long and is located in Colombia’s Antioquia Department, with the completion expected in 2022. The project is costing US$650.5 million and the link is intended to provide a link between the Autopista al Mar 1 and Autopista al Mar 2 highways. When complete the tunnel will also cut the travel time between Medellin and Uraba to four hours.
    Read More
  • Colombia’s major new road
    February 1, 2023
    Colombia’s major new road project will be costly.
    Read More
  • Sacyr looks to invest in Colombian road concession projects
    March 27, 2014
    Spanish construction firm Sacyr is set to invest around US$1.5 billion in Colombian road concession projects. The country is regarded as an ideal recipient for foreign investment. Current Sacyr projects in Colombia include a bridge costing $40.11 million (COP 80 billion), as well as the $116.79 million (COP 233 billion) road scheme between Buenaventura-Loboguerrero. The country has embarked on a major road development programme, via serious and transparent processes, according to Sacyr.
    Read More

Highlighted Content