Sacyr looks to invest in Colombian road concession projects

Spanish construction firm Sacyr is set to invest around US$1.5 billion in Colombian road concession projects. The country is regarded as an ideal recipient for foreign investment. Current Sacyr projects in Colombia include a bridge costing $40.11 million (COP 80 billion), as well as the $116.79 million (COP 233 billion) road scheme between Buenaventura-Loboguerrero. The country has embarked on a major road development programme, via serious and transparent processes, according to Sacyr.
March 27, 2014 Read time: 1 min
Spanish construction firm 3959 Sacyr is set to invest around US$1.5 billion in Colombian road concession projects. The country is regarded as an ideal recipient for foreign investment. Current Sacyr projects in Colombia include a bridge costing $40.11 million (COP 80 billion), as well as the $116.79 million (COP 233 billion) road scheme between Buenaventura-Loboguerrero. The country has embarked on a major road development programme, via serious and transparent processes, according to Sacyr.
Road Structures

For more information on companies in this article

Related Content

  • Colombian highway tenders now underway
    February 10, 2015
    In Colombia the tender process is underway for two major highway projects worth a total of US$1.257 billion. The Autopista Mar 1 and Autopista Mar 2 projects are located in the department of Antioquia and the details of the projects were published by Colombia’s national infrastructure agency ANI, reports Business News Americas. These projects number amongst the 10 concessions the Colombian Government is awarding for the second round of its $25 billion 4G national highway plan.
    Read More
  • Odinsa’s PPP proposal with Invias for 1,768km of Colombia’s roads
    May 10, 2013
    Colombian construction firm Odinsa is looking to become one of the country's major concession operators. The ambitious company has put forward a new proposal for a public-private partnership for the repair and maintenance of 1,768km of roads that are the responsibility of Invias. The US$409.83 million (COP 750bn) Odinsa proposal seeks to repair 48% of the roads in the next two years, for which the company will use revenue from 20 out of the 35 Invias tolls that it manages. Works would be contracted with thi
    Read More
  • A new highway for northern Colombia
    July 17, 2023
    The Pamplona-Cúcuta highway is playing an important role for the development of northern Colombia
    Read More
  • IRF cooperation agreement with Columbia
    February 9, 2012
    IRF Washington announces strategic cooperation agreement with the Colombian Chamber of Infrastructure The IRF Washington Program Center (IRF WPC) and the Colombian Chamber of Infrastructure (CCI) have announced their intent to sign a Memorandum of Understanding (MOU) to cooperate on technology transfer, training and dissemination of best-practices in Colombia
    Read More

Highlighted Content