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 Toyo Tunnel Project – the Guillermo Gaviria Echeverri Tunnel Project - covers 18.3km including new roads and is under construction by Consorcio Antioquia al Mar.
A report from insurance firm AIG warns that up to half of Colombia's 4G highway concessions could face financial hurdles due to over-estimated predictions of traffic flows. Colombia is at present putting out to tender its fourth generation (4G) concessions, which involve some US$25 billion in investment, reports Business News America. This investment is impressive and is Latin America's biggest move to expand and improve road infrastructure. But while many companies have shown interest and were prequalified
