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

  • Brazil road condition analysed
    August 1, 2016
    A report is being compiled in Brazil regarding the state of the country’s road network. The report was compiled by the country’s national transport confederation, CNT, in July 2016. The report is due to be released in October 2016. However CNT says it is pessimistic about what the report will state. This is due to cuts in public investment in roads and delays in the launch of concession programmes. Brazil’s 2016 federal road budget has been set US$2.03 billion. However up to $1.3 billion had to be used to p
    Read More
  • Chile-Argentina tunnel project attracts interest
    March 12, 2018
    Interest is strong in the project to build a new tunnel connecting Argentina and Chile. In all 26 firms have entered into the bidding process, joining together to comprise 10 consortia. The project is likely to cost US$1.5 billion, with much of the necessary financing being supplied by the IADB. The consortia include: Astaldi, FCC and Rivas; CCCC and JCR; China Railway Construction and Panedile; Dragados, Techint and Besalco; OHL, Condotte and Rovella; Power China and Sacde; Sacyr Construccion, SK
    Read More
  • New road works are planned for Colombia
    July 29, 2021
    New primary, regional and tertiary road works are planned for Colombia.
    Read More
  • 1st IRF Europe & Central Asia Regional Congress held on in Turkey
    November 18, 2015
    The International Road Federation (IRF) organised its first Regional Congress & Exhibition in Istanbul, Turkey on 15–18 September, 2015 The IRF is a non-governmental, not-for-profit membership organisation founded in Washington, DC in 1948 with the mission to encourage and promote development and maintenance of better, safer and more sustainable roads and road networks around the world.
    Read More

Highlighted Content