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

  • Bolivian Government to invest US$129.3mn in Moxos-Trinidad road
    October 31, 2013
    A project to improve Bolivia’s existing 77.8km road between San Ignacio de Moxos and Trinidad will cost US$129.3 million, the government has announced. The project includes a 1.7km bridge over Mamore river. The first areas of work will involve the road between San Ignacio de Moxos and Puerto Ganadero. This section will cost US$84 million and will be improved by ABC. Euroestudios-CPS Belmonte has signed a US$2.2 million contract with ABC for studies on the future Mamore river bridge. The cost of the bridge h
    Read More
  • Colombia highway concession package awarded
    November 8, 2019
    A major highway concession package has been awarded to a consortium in Colombia. Concesionaria Vial Andina (Coviandina) has won the tender to manage the 85.6km road connecting capital Bogota with Villavicencio. The package was awarded by the national infrastructure agency (ANI). Under the terms of the deal, the firm will maintain two sections of the existing road and build a new dual carriageway stretch with two lanes in either direction for the third section. The third stretch poses particular challenges t
    Read More
  • Colombia’s mega road project auction
    November 29, 2013
    Colombia's national transport infrastructure agency ANI will auction 13 road projects with a combined value of more than US$7.87 billion (COP 15 trillion) in H1 2014, out of 40 planned. Nine of the scheduled auction projects have gone through the pre-qualification stage and will be definitely awarded in the first quarter of next year. In total, all 40 projects will involve investments of COP 47tn. The plan is to improve 8,000km of roads in the country. Four projects will be put through pre-qualification s
    Read More
  • Innovative financing mechanisms for sustainable roads funding
    July 5, 2016
    Francesco Micci discusses innovation in funding methods All countries need an efficient and extended road transport system to sustain both the social development and the economic competitiveness. The latest trends show that the demand for road infrastructure is constantly growing, despite the negative impact of the financial and economic crisis on public and private financing. Global spending regarding road transport infrastructure actually accounts for roughly US$580 billion worldwide, and is projected
    Read More

Highlighted Content