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

  • Latin America invests in infrastructure growth
    February 15, 2012
    Travelling in one of the world's most diverse regions is not always easy, but spectacular engineering feats will make life easier as Patrick Smith reports. Five years ago a report from the World Bank noted that infrastructure in most of Latin America and the Caribbean (LAC) had improved over the previous ten years.
    Read More
  • New Colombian road project
    January 20, 2023
    A new Colombian road project is commencing.
    Read More
  • Contractors competing Colombian construction concessions
    May 13, 2014
    The tender process is underway for the third section of Colombia’s Pacific route connecting La Pintada and La Felisa. This route forms part of the Autopistas de la Prosperidad project between Medellin and Buenaventura. The 231km section includes 26 bridges and three tunnels and will cost some US$621.4 million to construct. All three sections plus the Magdalena and Norte highway will be awarded by July 2014 with works due to begin in 2015. The highway stretches should all be finished in 2020. For the first s
    Read More
  • Colombia’s new transport infrastructure to boost national construction industry
    July 30, 2013
    Huge investment in Colombia’s transport infrastructure is expected to lead to substantial market growth in the country’s construction industry, according to new research by Timetric. In its research report; ‘Construction in Colombia – Key Trends and Opportunities to 2017’, Timetric, who provide online data, analysis and advisory services to key financial and industry sectors, states, “Colombia’s Ministry of Transportation plans to invest COP102.3 trillion (US$56 billion) in transport infrastructure developm
    Read More

Highlighted Content