Skip to main content

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.

For more information on companies in this article

Related Content

  • Turkey is investing in new motorway and bridge projects
    May 29, 2013
    Turkey is benefiting from new motorway and bridge projects constructed along the BOT model - Gülay Malkoç. Looking at Turkey’s economic development, road construction plays a crucial role. The investment in Turkey is becoming increasingly attractive for both local and foreign investors. There are significant huge road investments and projects being made in Turkey at present, compared with EU countries where the roads need mostly repair and maintenance. According to the approach of Turkey’s Ministry of Trans
  • Autostrade del Lazio awards Sacyr company SIS the Roma-Latina deal
    July 15, 2016
    SIS, a subsidiary of Spanish contractor Sacyr, has won a €2.8 billion contract to build and operate the 186km Roma-Latina motorway in Italy. Autostrade Del Lazio, a public company created to build and manage the motorway, awarded the public private partnership contract, officially called Corridoio intermodale Roma-Latina e collegamento Cisterna-Valmontone. The SIS Scpa consortium, which consists of Sacyr (49%) and Fininc di Torino (51%), will build-operate-maintain the highway over 50 years. Revenue i
  • Bancolombia boosts its investment in Colombia 4G road projects
    August 4, 2016
    Bancolombia has the largest involvement of all Colombia’s banks in the country’s 4G Road Programme after financial close of the Autopista Norte motorway project. The bank has around US$390 million invested in four out of five 4G road development projects that have secured the necessary funding so far, according to a report in Portafolio, an on-line economic magazine. The 145km Autopista Norte route connects the Caribbean port of Cartagena to the capital Bogota by way of the Ruta del Sol motorway, a 1,
  • Medellin, Colombia upgrading roads
    June 24, 2020
    Medellin in Colombia has a plan for upgrading its roads.