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

  • Colombian tunnel project faces further delays
    September 16, 2014
    The Colombian Government is looking to cancel the contract for the construction of the La Linea tunnel. This project has already been beset by an array of problems since it was first conceived and now looks set to be further delayed. Work was supposed to have been 20% complete by March 2014, however a series of delays had put the project far behind schedule and by March 2014, only 12% of the work had been carried out. In June 2014, the project was supposed to be 50% complete, but work was in fact just 14% h
    Read More
  • Delay for tender for link roads to Istanbul’s new Bosporus bridge
    June 25, 2015
    The tender process for the road connections to the third bridge over the Bosporus in Turkey has been delayed once more. This is the third time the tender for the connecting roads for Istanbul's third bridge over the Bosporus has been postponed. The tender for the North Marmara Motorway was originally set for 6th March 2015 but was then pushed back to the 6th May. It was then announced that the tender would be run in two stages, with the Kinali-Odayeri motorway tender on 7th July and the Kurtkoy-Akyazi motor
    Read More
  • Turkey’s new Marmara Highway project
    June 8, 2017
    By the end of 2018, a shiny new strip of asphalt will skirt around Turkey’s largest city, Istanbul, providing a new transport connection.
    Read More
  • Chile’s new urban highway link
    May 2, 2022
    Nestling in a valley beside the Andes mountain range, Santiago has a growing population and has suffered from increasingly heavy congestion in recent years, requiring a new urban road link for which safety has been set as a priority for drivers - *iRAP reports
    Read More

Highlighted Content