Colombia highway project – moving ahead as financing secured

The financing includes loans and funds and is being provided jointly by Colombia's national development bank Financiera de Desarrollo Nacional (FDN), Spain's Official Credit Institute (Instituto de Credito Oficial) and debt funds Ashmore-Caf and Blackrock.
May 29, 2018 Read time: 1 min

The financing includes loans and funds and is being provided jointly by Colombia's national development bank Financiera de Desarrollo Nacional (FDN), Spain's Official Credit Institute (Instituto de Credito Oficial) and debt funds Ashmore-Caf and Blackrock. The 137km highway project will see the upgrade of an existing link connecting Colombia’s Casanare Department, Cundinamarca Department and Boyaca Department. The project will not be without its technical challenges as the route also involves upgrades to 53 bridges and 15 road tunnels.

Road Structures

Related Content

  • India’s new highway projects finding funding
    October 20, 2016
    Funding has been found for a major highway project in India. The Asian Development Bank (ADB) is providing a substantial portion of the US$846 million of financing required for the 800km Visakhapatnam-Chennai Industrial Corridor (VCIC). In all the ADB will provide $631 million in the form of a series of grants and loans, which will be delivered in stages. Meanwhile the Indian Government will provide $215 million. The VCIC itself forms part of the 2,500km East Coast Economic Corridor (ECEC).
    Read More
  • El Sillar – Bolivia’s challenging road project
    February 6, 2020
    Construction of Bolivia’s El Sillar highway, the country’s most complicated road project – Mauro Nogarin reports
    Read More
  • Colombia road plans for capital Bogota
    December 14, 2016
    Colombia’s capital Bogota looks set to gain from key road projects, with te country’s National Infrastructure Agency (ANI) unveiling detailed plans for upcoming works. Plans are being worked on for the widening of the 53km road linking Los Andes and Cajica with the construction of an extra lane. This is a US$$156.56 million project and will be funded by private sources. The pre-feasibility study for the Autopista Norte road extension has already passed the approval stage and this project will also be funded
    Read More
  • Colombia key tunnel project – new completion date
    March 6, 2019
    A new completion date has been set for the La Linea Tunnel project in Colombia. The work should now be finished in late 2020, although the project was originally intended to be ready by late 2016. The various contracts to complete the Cruce de la Cordillera Central route will be awarded in April 2019 by the national road institute (Invias). The contracts will include strict measures to ensure that contractors will comply with all the terms of the deal. The Colombian Government previously allotted US$204.5 m
    Read More

Highlighted Content