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

  • Kenya highway link upgrade planned
    June 19, 2017
    Plans are moving forward with regard to the upgrade work to the highway connecting Kenya’s capital Nairobi with the port of Mombasa.
    Read More
  • Challenging Colombian tunnel completed
    May 30, 2024
    A tunnel stretch on Colombia’s Santa Fe - Cañasgordas highway is complete – Mauro Nogarin reports
    Read More
  • Bolivia's Santa Cruz road corridor connector project
    December 22, 2016
    Bolivia’s ambitious Santa Cruz road corridor connector project is providing an important link for the country - Gordon Feller writes The World Bank has been organising a US$230 million loan to upgrade a vital connector linking the country’s northern and southern transit corridors. Meanwhile, another $100 million is coming from Bolivia’s government.
    Read More
  • Nepal highway project now moving forward again
    March 20, 2015
    The Nepalese Government is now moving forward with its plans for the Kathmandu-Tarai Fast Track highway project. The Indian firm Infrastructure Leasing & Financial Services (IL&FS) has been awarded the contract to prepare a detailed project report (DPR) for the project. Following earlier issues with regard to sourcing suitable financing, the Nepalese Government now plans to construct the highway link using the Public-Private Partnership (PPP) and build-own-operate-transfer (BOOT) model. The maximum cost of
    Read More

Highlighted Content