Plans are being drawn up in Colombia for a number of new tertiary roads in Valle del Cauca Department. A new highway will be built in Valle del Cauca department, while a new road will improve connections between Mulalo and Loboguerrero.
September 12, 2018
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Plans are being drawn up in Colombia for a number of new tertiary roads in Valle del Cauca Department. A new highway will be built in Valle del Cauca department, while a new road will improve connections between Mulalo and Loboguerrero.
Construction work on a new road link connecting Mulalo with Loboguerrero in Colombia will commence in the third quarter of 2018. The 31km link is being handled by Colombia's National Infrastructure Agency (ANI) and is expected to cost US$560.5 million. The plans are being drawn up for the project while the necessary environmental permits are being sought from Colombia’s National Environmental Licensing Agency (ANLA). The new link will be located in Colombia’s Valle del Cauca department.
Colombia's fiscal policy council Confis has approved more than US$700 million of funding for the construction of the 31.8km road connecting Mulalo and Loboguerrero in Valle del Cauca.
Following the fiscal approval, Treasury minister Mauricio Cardenas has given the green light to the project which will benefit over 147,000 people and create 4,773 jobs. In total, Confis has approved $2.75 billion (COP 5.3 trillion) for infrastructure projects. Some of the sum will also be invested in the connection between C
