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

  • India pushing ahead with infrastructure projects
    July 4, 2012
    Despite the economic downturn, India looks to be pressing ahead with its major infrastructure projects to further boost its incredible growth. Patrick Smith reports India, which like most countries has been affected by the current economic climate, although not to the same extent, is pressing ahead with its ambitious highway construction plans. Each week new projects are completed, started or awarded as the nation seeks to improve its transportation requirements. These are needed to meet the aspirations of
  • £200 million UK road junction project
    March 3, 2025
    Work is going ahead on a £200 million UK road junction project.
  • Mexico’s Siglo XXI highway concession award triggers US$211mn investment
    December 2, 2013
    A Mexican consortium comprised of Pinfra, Grupo Bursátil Mexicano and Aldesa Mexico has secured a concession to build, operate and maintain the Siglo XXI highway concession in Morelos state, according to the transport and communications ministry, SCT. Around US$211 million (2.76 billion pesos) will be invested in the 62km highway over the next two years. Five companies, including OHL Mexico, are reported to have bid for the concession, with the Pinfra consortium presenting one of the lowest bids. This is
  • Financing found for Colombian key construction contract
    December 19, 2017
    Financing has now been secured for a key highway project in Colombia. The project is for the Bogota-Girardot 4G road concession, with a loan from Colombia's national development bank, Financiera de Desarrollo Nacional (FDN), providing the necessary financing.