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

  • Ethiopia’s building roads
    November 29, 2013
    Ethiopia is set to benefit economically from investment in a number of new key road links totalling over US$1 billion. The east African nation’s 218km Modjo-Hassan highway is expected to cost US$720 million to construct. The highway will be constructed in two stages. The first section of the route will stretch 93km from Modjo to Zeway and is expected to cost $350 million to complete. The second section of the highway will be 125km long and link Zeway with Hewassa and this stretch is estimated to cost $370
  • Moldova gets EBRD loan for M1, M2 upgrades
    August 28, 2023
    The work will enhance transport connectivity by strengthening core transport links with a focus on the pan-European TEN-T network.
  • Colombia road tolling contract
    June 20, 2016
    DEVISAB recently awarded a major contract to modernise the control centre and renew three toll plazas on a highway linking the municipality of Chia with Girardot and Soacha, west of capital Bogota Indra already has a strong position in the Colombian infrastructure and transport industry. The firm operates flagship projects such as the Bogota-Villavicencio divided highway and the Medellin urban mobility system The contract is to renovate the technology used at three toll plazas and a control centre fo
  • Expectations for growth of UAE infrastucture
    February 9, 2012
    The INTERMAT Middle East event is being launched at a pivotal time of major infrastructure development in the region. As with most sectors, the highways industry has not had a fantastic 18 months in the Gulf. Not only has the recession impacted the delivery of projects across the board, GCC Governments' attention have been switching increasingly to rail, as plans to roll out a Gulf-wide rail system gather steam. GCC countries will invest over US$119.6 billion in infrastructure projects over the next decade