Colombia’s La Linea tunnel seeing funding solution?

The Colombian Government is keen to retart work on the important La Linea Tunnel link. The project has been delayed for a number of reasons and on a number of occasions since it was first envisaged. Engineering firm Valores y Contratos (Valorcon) has now been suggested as a likely candidate to become a strategic partner to join the Union Temporal Segundo Centenario joint venture that will carry out the La Linea tunnel scheme. Valorcon would provide sufficient cash flow US$68 million, either directly or thro
October 22, 2014 Read time: 2 mins
The Colombian Government is keen to retart work on the important La Linea Tunnel link. The project has been delayed for a number of reasons and on a number of occasions since it was first envisaged. Engineering firm Valores y Contratos (Valorcon) has now been suggested as a likely candidate to become a strategic partner to join the Union Temporal Segundo Centenario joint venture that will carry out the La Linea tunnel scheme. Valorcon would provide sufficient cash flow US$68 million, either directly or through loans, to allow the work to be completed in 14 months. The tunnel is needed to carry the growing number of vehicles using an existing route, which is narrow and twisting. The tunnel would help boost safety and capacity, as well as being better able to cope with the heavy truck traffic on the route.
Road Structures

Related Content

  • Tunnel for Colombia’s Calarca – Cajamarca Highway
    May 23, 2014
    A new tunnel is forming an important link for a major Colombian highway - Mauro Nogarin reports Work on a major highway project is underway in Colombia, forming part of the Bogota-Buenaventura Corridor. The highway has a length of 503km and is located in central Colombia, connecting the departments of Tolima and Quindio, across the central Andes, with a total cost of around US$330 million. A key section of the project consists of building a unidirectional tunnel of approximately 8.65km in length. Anot
    Read More
  • Colombia tunnel project conclusion plan
    December 6, 2016
    Tendering is commencing for the final portion of works to complete Colombia’s La Linea tunnel project. Around 12% of the work on the tunnel still has to be completed, with the work expected to cost US$68.5 million. The tender is being carried out by Colombia's National Road Institute (Invias). The tunnel project has been delayed for a series of reasons. Colombian contractor Constructora Carlos Collins was constructing the tunnel but did not meet the necessary deadline. As a result, Invias opted to open the
    Read More
  • Colombia’s delayed La Linea Tunnel and tertiary road development programme seeing progress
    July 6, 2017
    Progress is now being seen in Colombia with regard to key tunnel and road projects. A consortium comprising Conconcreto and CSS Constructores is to complete the 12% of work still needed to finish the La Linea Tunnel project.
    Read More
  • Colombia’s La Linea Tunnel completion in sight
    May 7, 2015
    The completion of Colombia’s long-running La Linea Tunnel project is now in sight, finally. Colombia’s president, Juan Manuel Santos, and vice president, German Vargas Lleras, made a joint announcement that the 8.65km long tunnel will be inaugurated in November 2016. The two tunnel drives (from Quindio and Tolima) have now met in the middle and only lining works are left to be completed. Once the tunnel is operational, it will enable trucks to complete the journey between Cajamarca (Tolima) and Calarca (Qui
    Read More

Highlighted Content