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.
International interest is strong in Colombia’s infrastructure expansion. Five foreign firms are competing in the country’s 4G road tender process. Fomento de Construcciones y Contratas (FCC), Sinohydro, Sacyr, Tradeco and ICA are amongst the companies competing for 10 contracts worth some US$5.88 billion. The first project opening for tender on 19th May 2015 will be for the Puerta de Hierro-Carreto-Palmar de Varela and Carreto-Cruz del Viso routes. The final tender documents for the 10 projects are being pu
Columbian president Juan Manuel Santos Colombia has said pension fund money could help finance the country’s ambitious 4G motorway projects.
Columbia has 35 road projects underway costing more than US$11.7 billion, including the first two 4G tender waves with six public-private partnerships that have already been approved.
During a banking convention held in the coastal city of Cartagena in mid-June, Banco Davivienda president Efrain Forero lending capacity studies have been completed for 4GH projects
Bidding has been closed for the contract to construct the Toyo Tunnel in Colombia. Three offers for the project have been made. In all, eight firms are participating in the tendering, with six of the companies being from Colombia itself. The project is expected to cost some US$595 million. The new tunnel will improve connectivity between Medellin and Uraba and will run from Giraldo to Canasgordas. The tunnel will form part of the Uraba road which runs through the mountain range at 1,500m.
Work is now to go ahead on upgrading a key stretch of the A21 road in the UK. Contractor Balfour Beatty will handle the work to widen a stretch of the A21 between Tonbridge and Pembury and also improve the road, with it becoming a dual carriageway. The €87.55 million (£69.7 million) scheme forms part of a plan by the UK Government for a series of road improvements of €30.15 billion (£24 billion) by 2021. Advance work is expected to start in the third quarter of this year with the main construction activity
