Colombia develops tertiary roads plan; cost overruns for La Linea Tunnel

Colombia has a new plan to develop tertiary roads, while cost overruns for the La Linea Tunnel project will be paid for.
By MJ Woof January 28, 2020 Read time: 1 min
Colombia is to improve its tertiary roads to boost connectivity; Image © courtesy of Marcos Souza, Dreamstime

Colombia has set out plans to improve tertiary roads across the country. The programme will run until 2022. Over US$989 million will be spent on upgrading tertiary roads in Colombia during this period. The country’s tertiary roads network amounts to 142,284km, according to data from Colombia's national road institute (Invias). However, just 6% of these routes are considered in satisfactory condition. More than 133.700km of Colombia’s tertiary roads are in need of vital improvements. Upgrading all the tertiary roads that require improvements would cost in the region of $14.5 billion. In all, Colombia’s road network amounts to some 206,700km.

Meanwhile, Colombia’s national road institute (Invias) is paying $3.08 million for the cost overruns of the La Linea tunnel project. This follows a ruling by a Colombian arbitration tribunal. The sum will be paid to the consortium, Consorcio Conlinea Tres. The consortium comprises Constructora Conconcreto, CSS Constructores and Estyma Estudios y Manejos.

Road Structures

Related Content

  • Saudi Arabian capital Riyadh benefiting from major transport investment
    September 9, 2013
    Saudi Arabia is undergoing a series of upgrades to its transport network in a bid to improve Traffic flow rates and boost safety - Mike Woof reports. The massive growth in the use of motor transport worldwide since the start of the 20th century has transformed every country on the planet. But perhaps no country has changed more dramatically than Saudi Arabia, the world’s leading oil producer. At the start of the 20th century Saudi Arabia’s population was small and the country had few industries while it is
    Read More
  • New Colombian road project being planned
    April 23, 2020
    A major new Colombian road project is being planned.
    Read More
  • Spanish highway project to get EIB A-rated bond issue?
    April 20, 2012
    The European Investment Bank (EIB) is reported to be in talks with the sponsors of the A-66 Benavente-Zamora highway public private partnership (PPP) in Spain over a possible bond financing deal, which would see the Bank provide subordinated debt for an A-rated bond issue. The possible bond issue would be a further greenfield project to launch the European Union’s Project Bond 2020 initiative, with its initial pilot stage being managed by the EIB.
    Read More
  • Putin orders doubling road-building in Russia by 2022
    November 21, 2014
    Russia looks set to accelerate its road building programme – Eugene Gerden writes The volume of road building in Russia should be doubled by 2022, according to a recent order of Russia’s president Vladimir Putin. He said, “We need a real breakthrough in road building during the next several years. These volumes should be doubled during the coming decade.”
    Read More

Highlighted Content