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.

Road Structures

Related Content

  • Plans in hand for key Colombian highway project
    October 27, 2015
    Construction will commence on a major highway project in Colombia in the first quarter of 2016. The project for the Pacifico 1 road will be carried out by Colombian construction consortium Concesionaria Vial del Pacifico (Covipacifico). The commencement of construction is dependent on environmental licenses and land purchases however. The construction work will take five years to compete. The 49km Pacifico 1 road will cost around US$613.64 million to construct. Once complete the road will improve connectivi
    Read More
  • Sacyr looks to invest in Colombian road concession projects
    March 27, 2014
    Spanish construction firm Sacyr is set to invest around US$1.5 billion in Colombian road concession projects. The country is regarded as an ideal recipient for foreign investment. Current Sacyr projects in Colombia include a bridge costing $40.11 million (COP 80 billion), as well as the $116.79 million (COP 233 billion) road scheme between Buenaventura-Loboguerrero. The country has embarked on a major road development programme, via serious and transparent processes, according to Sacyr.
    Read More
  • Solution found for Colombian tunnel project?
    March 12, 2015
    A solution seems to have been found for Colombia’s long-running La Linea Tunnel project. Work has been delayed on the tunnel for a number of reasons and on a number of occasions, most recently due to funding issues. But previous delays were due to such diverse causes as technical challenges posed by the difficult conditions and a lack of suitable insurance cover. The Colombian Government has come to an agreement with the Segundo Centenario consortium building the tunnel that will see construction activity r
    Read More
  • New Colombian highway connection planned
    September 8, 2014
    The tender process for a major new road project in Colombia is due to open shortly. The project has an estimated cost of some US$621 million and will be constructed under a public private partnership model. The 32km Mulalo-Loboguerrero road project has been approved by Colombia's National Planning Department (DNP). The Tender process is opening in October 2014, with the contracts expected to be ready by December 2014 and construction work starting in 2016 then finishing in 2021.
    Read More

Highlighted Content