Skip to main content

Colombian city Cali benefiting from infrastructure

In the Colombian city of Cali, two projects are now in hand that will improve transport connections for commuters. Plans are in hand for a new 62km ring road around the city that would be constructed under the PPP model and cost an estimated US$697 million. A number of Portuguese and Spanish companies are involved in the proposed ring road project, although the opening of the tender process is still some way off as Federal Government approvals have yet to be given. The city will also benefit from the constr
October 4, 2013 Read time: 1 min
In the Colombian city of Cali, two projects are now in hand that will improve transport connections for commuters. Plans are in hand for a new 62km ring road around the city that would be constructed under the PPP model and cost an estimated US$697 million. A number of Portuguese and Spanish companies are involved in the proposed ring road project, although the opening of the tender process is still some way off as Federal Government approvals have yet to be given. The city will also benefit from the construction of a number of bridges, with plans somewhat further ahead and the work expected to cost $244 million.

Related Content

  • 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.
  • Vietnam plans new ring road for Hanoi
    February 23, 2012
    The Vietnamese Government is moving forward with its project to build ring road No 4 around Hanoi.
  • Bulgaria: back on track?
    July 23, 2012
    Several important Bulgarian road projects are expected to gain momentum over the coming weeks, a welcome boost for a sector that has been beset by delays in the past. In mid-September, the National Road Infrastructure Agency (NRIA) announced that it would soon be declaring new tenders for the construction of two key road projects worth a total of US$94 million (approximately €68.8 million). One section will link the south-eastern city of Kardzhali to Podkova, near the Greek border: the second will connect t
  • Poland's A1 motorway progressing well
    February 9, 2012
    The second major phase of a north-south motorway in Poland is well underway. It will reduce congestion and improve safety as Patrick Smith reports Before the whistle blows to herald the start of Euro 2012, Poland's main seaport Gdansk will boast new roads, a new airport and a new stadium. The historic city in the north of the country on the Baltic coast will be one of the venues for football's 14th European Championship, being co-hosted by Poland and Ukraine.