New Colombian highway connection planned

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.
September 8, 2014 Read time: 1 min

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 3213 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.

Road Structures

For more information on companies in this article

Related Content

  • Highway work boost in North Africa
    August 21, 2012
    North Africa is seeing construction business return - Mike Woof reports After a troubled period, stability looks to be returning to North African nations, which can only be good for the road construction sector. First Tunisia, then Egypt and finally Libya saw tumultuous revolts against the previous autocratic (and in one case at least, despotic) rulers. All three nations are now benefiting from a return to stability, with economic growth also improving once more.
    Read More
  • Costa Rica road connection revamp planned
    January 15, 2021
    Upgrade work is planned for a key road link in Costa Rica.
    Read More
  • Colombia: New decree allows pension funds to finance 4G projects
    June 25, 2015
    Columbian president Juan Manuel Santos Colombia has said pension fund money could help finance the country’s ambitious 4G motorway projects. Columbia has 35 road projects underway costing more than US$11.7 billion, including the first two 4G tender waves with six public-private partnerships that have already been approved. During a banking convention held in the coastal city of Cartagena in mid-June, Banco Davivienda president Efrain Forero lending capacity studies have been completed for 4GH projects
    Read More
  • India’s highway financing programme planned
    November 30, 2016
    A budget of US$8.97 billion has been set as the limit on borrowing for India’s highways development programme for the 2017-2018 fiscal year. The financing agreement has been made by the National Highways Authority of India (NHAI), acting through the country’s Ministry of Road Transport and Highways. This substantial budget comes in spite of fewer projects being awarded as well as less financing having been secured during 2016. In the April to October 2016 the NHAI awarded contracts for 2,330km of highways.
    Read More

Highlighted Content