Skip to main content

Construction continues for Colombia’s Toyo Tunnel

Construction work is continuing on Colombia’s Toyo Tunnel project. This is in spite of the controversy regarding one of the firms involved, which has been drawn into the corruption scandal surrounding the Brazilian contractor Odebrecht. The tunnel project is being carried out by a consortium, Consorcio Antioqua al Mar. However the other members of the consortium are in a position to carry on with the project and have all the necessary approvals needed, as well as the necessary equipment. The project is cost
May 9, 2018 Read time: 1 min

Construction work is continuing on Colombia’s Toyo Tunnel project. This is in spite of the controversy regarding one of the firms involved, which has been drawn into the corruption scandal surrounding the Brazilian contractor 1305 Odebrecht. The tunnel project is being carried out by a consortium, Consorcio Antioqua al Mar. However the other members of the consortium are in a position to carry on with the project and have all the necessary approvals needed, as well as the necessary equipment. The project is costing US$666.3 million and should be complete by 2022, improving the road link between Medellin and Uraba.

For more information on companies in this article

Related Content

  • Colombia dual carriageway concession awarded
    January 29, 2021
    A key Colombian dual carriageway concession has been awarded.
  • Colombia highway deal being arranged
    August 2, 2019
    Funding has been sourced for Colombia’s Autopista al Mar 2 fourth generation (4G) highway project. In all US$652 million has been secured for the work, with the China Development Bank providing $418 million. Other banks involved in the financing are Colombia’s Financiera de Desarrollo Nacional (FDN) and Japan’s Sumitomo Mitsui Banking Corporation.
  • Panama plans projects
    March 2, 2012
    Brazilian contractor Odebrecht will carry out a major project in Panama City worth US$778 million.
  • New bridge being completed in Colombia
    January 19, 2016
    A key bridge link is due for completion in Colombia shortly. The new Moravia bridge forms part of the Santa Madre Laura road project and should be complete in April 2016. The bridge is over 500m long and has cost some US$46.8 million to build. The work is being carried out by construction consortium Bermejal. Once open to traffic the bridge will help to reduce traffic on the existing Barranquilla and Mico bridges by providing an alternative route to west Medellin.