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

  • Brazilian road building analysis
    April 15, 2015
    The Brazilian Government now intends to evaluate plans for additional private investment in transport infrastructure. The country’s Ministry of Planning will start analysing work that was not covered under initial contracts for private investment in current road, railway and port projects. The plans represent substantial sums with an estimated total investment of US$9.76 billion in all. Under the current model, companies look for official permission to carry out work in order to improve their concessions. G
    Read More
  • Morocco’s new motorway links are boosting connectivity
    December 16, 2014
    Morocco’s massive motorway construction programme will improve transport connections and boost this North African country’s economy - Mike Woof reports A massive road building programme is transforming Morocco, with new motorways connecting cities and major towns, as well as many new rural roads being built. The Moroccan Government has set an impressive plan for its infrastructure investment that will see even the country’s small and remote villages having proper connections to the main road network. The
    Read More
  • US$766.15bn to be invested in China road network expansion
    June 24, 2013
    Over the next 17 years, China will invest US$766.15 billion (CNY 4.70tn) to expand the country's major road network by over two times. By 2030, the length of roads in China is expected to total 5.8 million kilometres, with trunk ways and highways making up 7% of the total. Provincial and countryside roads are expected to account for 9% and 84% respectively. According to a road expansion blueprint approved in May 2013 by the State Council, the length of toll-free trunk ways and toll highways should by 2030 i
    Read More
  • Vinci boosts stake in Confederation Bridge
    April 15, 2022
    Vinci Highways agreement to buy OMERS Infrastructure's shares in Strait Crossing Development (SCDI) will boost the French group’s stake in SCDI, the Canadian bridge's concession holder.
    Read More

Highlighted Content