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

  • Colombia’s key road transport projects
    May 10, 2019
    A series of major road transport projects are moving ahead in Colombia, with the country’s national infrastructure agency (ANI), handling most of the deals. In the country’s capital, Bogota, design work is now complete on the Calle 13 and Accesos Norte II road projects. The Calle 13 project will see an 11.5km section of route widened so that it features three lanes in either direction. The work will also include building new facilities for pedestrians and cyclists. This project is expected to cost US$1.15 b
  • Paso de las Leña tunnel between Argentina and Chile
    December 22, 2016
    A new tunnel between Chile and Argentina will boost trade and transport between the two countries - Mauro Nogarin writes The international Tunnel Paso Las Leñas will stretch 11.5km at 2,050m above sea level through the Andes. Once complete, it will greatly improve the connectivity and integration between the Chilean O'Higgins region with the Argentine Mendoza region.
  • Brazil launches new transport infrastructure investment plan
    August 30, 2012
    The Brazilian government has announced a new transport infrastructure investment plan involving the concession of motorway operations and modernisation of the railway sector. The private public partnerships are predicted to lead to an investment of US$65.68 billion (BRL 133bn) in the next 25 years, including US$ 39.63 billion (BRL 80bn) to be spent in the first five years of the contract.
  • Mota-Engil wins Cardel-Poza Rica motorway contract in Mexico
    June 13, 2014
    Mexico's Secretarat of Communications of Transport (SCT) has awarded the contract to build the Cardel-Poza Rica motorway to Portuguese company Mota-Engil. The proposal made by the company, together with PRODI, of US$266.48 million (MXN 3.47 billion), was deemed the most feasible technically and financially. The offer was below the $307.53 million (MXN 4 billion) estimated for the project in the National Infrastructure Plan (PNI). The road will be located in Veracruz, spanning 129km between Laguna Verde and