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 bridge connection completion
    December 15, 2017
    A key bridge connection project has now been completed in Colombia. The work forms part of the construction activity on the Magangue to La Bodega route. The new link connects the 1km long Santa Lucia Bridge with the 2.3km long Roncador Bridge, the latter being the longest bridge in Colombia and the fifth longest in Latin America.
  • Latin America construction machine demand to grow
    December 15, 2017
    Demand in Latin America for heavy construction equipment is expected to continue growing - Allied Market Research reports. Latin America is set to see strong growth in demand for construction machines. This is according to a new report published by Allied Market Research, called Latin America Heavy Construction Equipment Market by Equipment, Application, and End User: Opportunity Analysis and Industry Forecast, 2014-2022. The report shows that the market size for Latin America’s off-highway equipment sector
  • Colombia to gain access to US$400 million loan from CABEI
    April 27, 2015
    Colombia's finance minister Mauricio Cardenas said the country will gain access to a loan of US$400 million the Central American Bank for Economic Integration (CABEI) for infrastructure projects. Around $200 million will finance 4G motorway concessions. The rest will be used on projects that involve CABEI founding members such as Nicaragua, El Salvador, Costa Rica, Honduras and Guatemala. The announcement was made during the 55th CABEI governors’ assembly in Medellin, Columbia, in April. Colombia has
  • Work underway for Brazil’s Santos-Guarujá Tunnel
    January 12, 2024
    Work is underway for Brazil’s Santos-Guarujá Port Tunnel project.