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: Cesar-Guajira road project awarded to El Condor
    May 15, 2015
    The Colombian government has awarded the contract for construction of the Cesar-Guajira road to Construcciones El Condor, sole bidder for the work. The deal is a US$165 million public-private partnership (PPP) aiming to improve connectivity with the country’s Caribbean coastal departments. The 350km road will connect San Roque with Cuestecita, take four years to build and employ around 1,400 workers. Colombian Vice President, German Vargas Lleras, said five projects have been approved under the PPP sc
    Read More
  • Companies currently carrying out key Colombian construction contracts
    July 17, 2014
    A series of major road construction projects are underway in Colombia at present. The country’s national roads institute, Invias, is currently investing in excess of US$646 million on an array of road projects at the moment. One key project is for the construction of a new highway connecting Loboguerrero and Buenaventura. Another important project is for the construction of a new bridge connecting Buenaventura with Cascajal Island, which is due for completion in the second half of this year.
    Read More
  • New Colombian highways being built
    April 26, 2021
    New Colombian highways are being built at present.
    Read More
  • FCC heads group that will build Toyo Tunnel in Colombia
    November 6, 2015
    Spanish environmental services, infrastructure and water group FCC has secured a €392 deal to design, build, operate and maintain the 10km Toyo Tunnel in Urabá Port, Colombia. The Government of Antioquia awarded the project to the consortium in which Madrid-based FCC has a 40% share and a group of local business people hold 60%. The tunnel is around 80km from Medellin, the capital of Colombia’s mountainous Antioquia province. The US$426 million contract is for 10 years, during which design and constru
    Read More

Highlighted Content