Skip to main content

Construction is commencing on Covimar’s key Colombian contract

Construction is commencing on a key contract for Colombian road firm Nueva Via al Mar (Covimar). The firm will handle the 32km Mulalo-Loboguerrero fourth generation (4G) road project. The new route will improve transport of heavy goods between Buenaventura and Cali. Covimar has the concession for the link until 2040. The project is costing US$527.6 million but faces a number of environmental challenges as it passes through a protected area as well as over a number of waterways.
January 29, 2019 Read time: 1 min

Construction is commencing on a key contract for Colombian road firm Nueva Via al Mar (Covimar). The firm will handle the 32km Mulalo-Loboguerrero fourth generation (4G) road project. The new route will improve transport of heavy goods between Buenaventura and Cali. Covimar has the concession for the link until 2040. The project is costing US$527.6 million but faces a number of environmental challenges as it passes through a protected area as well as over a number of waterways.

Related Content

  • Colombian highway tenders now underway
    February 10, 2015
    In Colombia the tender process is underway for two major highway projects worth a total of US$1.257 billion. The Autopista Mar 1 and Autopista Mar 2 projects are located in the department of Antioquia and the details of the projects were published by Colombia’s national infrastructure agency ANI, reports Business News Americas. These projects number amongst the 10 concessions the Colombian Government is awarding for the second round of its $25 billion 4G national highway plan.
  • Colombian road construction project well underway
    April 14, 2023
    Work is well underway for a key Colombian road construction project.
  • Colombia’s infrastructure development
    December 5, 2013
    Colombia is benefiting from heavy investment in infrastructure that is helping boost the country’s economy. At the same time, tough policies have also reduced crime considerably and helped stabilise economic development. This process of economic growth and overall stabilisation looks set to continue as the Colombian Government has recently unveiled its plans for highway construction over the next 10 years. This infrastructure programme is also tipped to raise demand for surety products owing to government c
  • Challenging Colombian tunnel completed
    May 30, 2024
    A tunnel stretch on Colombia’s Santa Fe - Cañasgordas highway is complete – Mauro Nogarin reports