FCC heads group that will build Toyo Tunnel in Colombia

Spanish environmental services, infrastructure and water group FCC has secured a €392 deal to design, build, operate and maintain the 10km Toyo Tunnel in Urabá Port, Colombia. The Government of Antioquia awarded the project to the consortium in which Madrid-based FCC has a 40% share and a group of local business people hold 60%. The tunnel is around 80km from Medellin, the capital of Colombia’s mountainous Antioquia province. The US$426 million contract is for 10 years, during which design and constru
November 6, 2015 Read time: 2 mins
Spanish environmental services, infrastructure and water group 4914 FCC has secured a €392 deal to design, build, operate and maintain the 10km Toyo Tunnel in Urabá Port, Colombia.

The Government of Antioquia awarded the project to the consortium in which Madrid-based FCC has a 40% share and a group of local business people hold 60%.

The tunnel is around 80km from Medellin, the capital of Colombia’s mountainous Antioquia province. The US$426 million contract is for 10 years, during which design and construction will take around seven and half years and the rest will be for operation and maintenance.

Once complete the Toyo Tunnel will be the longest of its kind in Colombia. It will substantially improve the connection between Medellín and the region of Urabá, includes over 40km of road and over 12km of tunnels. Journey time between Medellin and Urabá will be cut from the six hours to three and a half when using private vehicles.

The project, located between the municipalities of Giraldo and Cañasgordas, consists of building a new 41km two-lane road with a dual carriageway section.

Projects such as the Toyo Tunnel are part of the government’s Fourth Generation (4G) of the Road Concessions Programme.

4G involves 40 projects that will see around 8,000km of new roads with an investment of $25 billion over seven years. Luis Fernando Andrade Moreno, president of ANI, has said contracts will be let under a Public Private Partnership (PPP) approach.
Road Structures

For more information on companies in this article

FCC

Related Content

  • Alleviating Moscow's ring road congestion
    February 20, 2012
    The US$10.5 billion CKAD (Moscow Region Ring Road), being planned and procured under the direction of the Ministry of Transport of Russia, is just one of the roads highlighted at the Moscow Forum.
    Read More
  • Eiffage to revamp Paris ring road interchange at Quai d'Ivry
    June 19, 2015
    Eiffage has won a contract to restructure the Quai d’Ivry interchange on the Paris ring road. Eiffage’s Public Works division picked up the €48 million deal within Paris’s 13th arrondissement. The 40-month contract was awarded by Paris’s development agency SEMAPA -- Société d’Etude, de Maitrise d’Ouvrage et d’Aménagement Parisienne. Eiffage said in a statement that the contract involves “every area of expertise offered by the Public Works division, including civil engineering, steel construction an
    Read More
  • China opens record-breaking bridge
    April 11, 2012
    China has opened the world's longest bridge over water, the 41.58km Jiaozhou Bay Bridge, which is said to have cost well over US$2 billion to build. It links the eastern port city of Qingdao to Huangdao Island across Jiaozhou Bay and is 4km longer than the previous longest bridge over water, the Lake Pontchartrain Causeway in Louisiana, USA. Opened in June, 2011 after four years of construction, the link is expected to carry some 30,000 vehicle/day and will reduce travel time by 30 minutes, although it is o
    Read More
  • Increased infrastructure spending
    February 22, 2012
    With economies booming in the BRIC countries and other regions, spending on infrastructure is at a high - Patrick Smith reports As economic crisis grips much of the world, many countries are still spending billions on infrastructure to improve transportation. While the USA and Europe struggle with debt problems (and this has affected much of the rest of the world) the development of highways, airport, ports and other infrastructure is gathering pace in other regions to boost economic developments.
    Read More

Highlighted Content