Colombia investing in new highways

Colombia's national infrastructure agency (ANI) has prequalified 10 companies for its US$770 million highway project Autopista al Mar 2. This new route will improve connections in western Antioquia department between Medellín and the Pacific coast, according to Business News Americas. The project is for the operation and maintenance of 176km of highways, as well as the construction of 41 bridges and 19 tunnels. Among the companies prequalified are Spain's Sacyr, Cintra, Acciona and OHL, France's Vinci, and
February 10, 2014 Read time: 1 min
Colombia's national infrastructure agency (ANI) has prequalified 10 companies for its US$770 million highway project Autopista al Mar 2. This new route will improve connections in western Antioquia department between Medellín and the Pacific coast, according to Business News Americas. The project is for the operation and maintenance of 176km of highways, as well as the construction of 41 bridges and 19 tunnels. Among the companies prequalified are Spain's 3959 Sacyr, 930 Cintra, 976 Acciona and 980 OHL, France's 5177 Vinci, and Peru's Graña y Montero. Colombia is in the process of awarding 40 projects to improve its roads. The government expects some 3-6% of GDP will go towards infrastructure investments by 2016, compared to the current 1.5%. ANI plans to award at least 25 highway projects in 2014.
Road Structures Finance & Funding

For more information on companies in this article

Related Content

  • ARTBA calls for more bridge repairs in US
    February 18, 2016
    The American Road & Transportation Builders Association (ARTBA) is calling for more bridge repairs in the US. There are still too many structurally deficient bridges in the US according to a recent analysis. This report states that while there were 2,574 fewer structurally deficient bridges in 2015 compared to the number in 2014, there are still 58,500 on the structurally deficient list. Worse still, at the current pace of bridge investment it will take at least 21 years before these bridges are all replace
    Read More
  • Salini sells paving division of Lane Construction to Eurovia
    August 28, 2018
    The transaction is subject to clearance by regulatory authorities. Closing and payment are expected in thefourth quarter of 2018. The sale is in line with Salini Impregilo’s plan to consolidate its growth strategy in large, complex infrastructure projects in the United States by exiting from non-core and non-strategic activities. With the sale, Lane Construction will continue to be one of the leading companies in the country in transport, tunnelling and water projects, with annual revenue expected at
    Read More
  • Gordie Howe Bridge towers rise
    January 19, 2022
    Each tower is composed of 51 segments constructed using a jump-form climbing system.
    Read More
  • New ring road to solve problem of traffic jams in Ukraine capital Kiev
    May 10, 2018
    Ukraine’s capital Kiev will benefit from a new ring road – Eugene Gerden writes The government of Ukraine, together with the authorities of the Ukrainian capital Kiev, plans to invest up to US$2 billion in the building of a new ring road around the city. The new road, known as the Great Ring Road, will be around 200km long, of which 65km will be of existing roads and 148km of new roads. The ring road will connect three international transport corridors that run through the territory of Ukraine, as well
    Read More

Highlighted Content