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.
The troubled tunnel construction project in Colombia to build the La Linea link has faced yet a further setback in its long tale of woe. The tender for the completion of the final 12% of the tunnel project has not managed to attract any interest from contractors. The budget for this work is an estimated US$77 million. A new tender process is being launched, with a submission deadline of 6th June 2017 and planned winner announcement on 4th July 2017. The contractor that had been building the tunnel failed to
A finance package has been secured for Colombia’s Pasto-Rumichaca fourth generation (4G) road project. A loan package worth US$$593.6 million from a series of backers will underscore the project. These are; the Overseas Private Investment Corporation (OPIC), Spain's credit institute Instituto de Credito Oficial (ICO), JP Morgan, MetLife, Banco Santander, Sumitomo Mitsui Banking, Mitsubishi UFJ Financial Group, Credit Agricole, and Bank of China.
The project is for work to an 83km section of the route, incl
From Colombia comes news of a US$13.4 billion funding package that will be directed towards the construction of nine highway projects. This package of works includes construction and concessions for a series of highways, which will be carried out under the PPP model. These include the Conexión Norte, Autopista al Río Magdalena 1, Autopista al Río Magdalena 2, Autopista al Mar 1 and Autopista al Mar 2. They also include the Autopista Conexión Pacífico 1, Autopista Conexión Pacífico 2 and Autopista Conexión P
