Strong interest for major highway concessions in Colombia

Interest is said to be strong for the Pacífico 1, Pacífico 2 and Pacífico 3 highway concession projects in Colombia. At present the country’s national infrastructure agency, ANI, has 56 expressions of interest for the three highway concessions in Antioquia Department. The projects feature a total estimated investment of US$2.16 billion.
June 6, 2013 Read time: 2 mins
Interest is said to be strong for the Pacífico 1, Pacífico 2 and Pacífico 3 highway concession projects in Colombia. At present the country’s national infrastructure agency, ANI, has 56 expressions of interest for the three highway concessions in Antioquia Department. The projects feature a total estimated investment of US$2.16 billion. The highway concessions form part of a $6.9 billion infrastructure project to construct  Antioquia’s Autopistas para la Prosperidad highway system. Colombia is investing heavily in infrastructure and its latest programme involves the construction of no less than 30 highways, as well as port and airport concessions. The 46km Pacífico 1 highway includes the construction of two tunnels and 20 bridges. The Pacífico 2 highway comprises a 41km section from Bolombolo to La Pintada with a 2.5km tunnel and 33 bridges, and the 54km section from La Pintada to La Primavera. The 231km Pacífico 3 highway is split into six sections and includes the construction of 26 bridges and three tunnels. ANI is evaluating the offers being made and will select 10 for pre-qualification before the actual bidding process is opened.

Related Content

  • Colombian highway projects under development
    June 29, 2018
    A finance package has been secured in Colombia for the Autopista al Mar 1 highway project. A loan worth close to US$206 million is being provided by the national development bank, Financiera de Desarrollo Nacional (FDN). The highway forms part of Colombia’s 4G infrastructure development plan and the finance package will be provided in three separate tranches. The construction work is being carried out by a consortium comprising Strabag, Concay and Sacyr Concesiones. The project will upgrade the 71km
    Read More
  • Bancolombia boosts its investment in Colombia 4G road projects
    August 4, 2016
    Bancolombia has the largest involvement of all Colombia’s banks in the country’s 4G Road Programme after financial close of the Autopista Norte motorway project. The bank has around US$390 million invested in four out of five 4G road development projects that have secured the necessary funding so far, according to a report in Portafolio, an on-line economic magazine. The 145km Autopista Norte route connects the Caribbean port of Cartagena to the capital Bogota by way of the Ruta del Sol motorway, a 1,
    Read More
  • Colombia’s infrastructure development
    December 2, 2013
    Colombia is benefiting from heavy investment in infrastructure that is helping boost the country’s economy. At the same time, tough policies have also reduced crime considerably and helped stabilise economic development. This process of economic growth and overall stabilisation looks set to continue as the Colombian Government has recently unveiled its plans for highway construction over the next 10 years. This infrastructure programme is also tipped to raise demand for surety products owing to government c
    Read More
  • Major highway improvement project on track in Colombia
    February 29, 2016
    In Colombia plans are now in hand for a major highway improvement project. Concesión Pacífico Tres is joint concession operator of the tolled links for Colombia’s major commercial regions connecting with the Pacific port hub. US firm Milbank, Tweed, Hadley & McCloy has provided advice to Colombian Concessionaire Concesión Pacífico Tres SAS and its sponsors, MHC Ingeniería y Construcción de Obras Civiles and Construcciones El Cóndor, and Costa Rica’s infrastructure company Constructora MECO. The advice was
    Read More

Highlighted Content