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
Read time: 1 min
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.
Colombia's finance minister Mauricio Cardenas said the country will gain access to a loan of US$400 million the Central American Bank for Economic Integration (CABEI) for infrastructure projects.
Around $200 million will finance 4G motorway concessions. The rest will be used on projects that involve CABEI founding members such as Nicaragua, El Salvador, Costa Rica, Honduras and Guatemala. The announcement was made during the 55th CABEI governors’ assembly in Medellin, Columbia, in April.
Colombia has
Colombia is pushing ahead with its 4G road development programme. Progress is being made with the construction of the Girardot-Honda-Puerto Salgar road connection, which is expected to cost US$518.6 million and is around 37% complete.
Colombia's national infrastructure agency (ANI) has prequalified 10 companies for its US$770 million highway project Autopista al Mar 2. This new route will improve connections in western Antioquia department between Medellín and the Pacific coast, according to Business News Americas. The project is for the operation and maintenance of 176km of highways, as well as the construction of 41 bridges and 19 tunnels. Among the companies prequalified are Spain's Sacyr, Cintra, Acciona and OHL, France's Vinci, and
