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

  • US$2.1 billion Louisiana bridge deal for partners
    February 2, 2024
    A US$2.1 billion Louisiana bridge deal has been won by Sacyr, Acciona and Plenary Americas.
    Read More
  • Peru’s Oyón -Ambo Highway presents challenges
    August 30, 2022
    Peru’s Oyón-Ambo highway project represents a landmark in construction for the country, while facing significant technical challenges – Paula Chapple, editor of Carreteras Pan-Americana (CPA), writes
    Read More
  • New US$200 million ring road to be built in Belarus capital Minsk
    May 23, 2014
    Minsk is to benefit from a new ring road that will cut city congestion - Eugene Gerden reports The government of Belarus is investing more than US$200 million in the building of a new ring road around the country’s capital Minsk, in accordance with a government decree. Implementation of the project is taking place as part of the existing large-scale state road building programme in the country until 2017, with the total cost estimated at US$5 billion. The new road will measure some 85km long and will feat
    Read More
  • Kenya rehabilitates, widens, tolls Northern Corridor
    November 8, 2017
    A massive highway project in Kenya will boost transport for the country as well as its neighbours - Shem Oirere reports. Kenya has commenced the process of rehabilitating, expanding and tolling of 657km of East Africa’s Northern Corridor that is anchored on the Indian Ocean port of Mombasa and which links the gateway with landlocked countries of Uganda, Rwanda, Burundi and parts of eastern Democratic Republic of Congo (DRC).
    Read More

Highlighted Content