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

  • 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.
    Read More
  • Chilean road concession plan
    August 3, 2020
    Chilean road concession opening for tender.
    Read More
  • OHL presents offer for Guadalajara-Colima, Mexico motorway
    September 7, 2012
    Spanish construction firm, OHL, has presented an offer to operate the 56km Guadalajara-Colima motorway in Mexico for 12 years. The motorway is being heavily restructured, with the expansion of its four lanes. The first phase of these works has already been completed and investment to date has totalled US $ 54.81million. A further $ 263.66 million is being invested by Banobras on current works. Offers to operate the Guadalajara-Colima motorway must be presented by mid-September 2012.
    Read More
  • VDMA reports steady German equipment sector
    February 14, 2013
    Steady financial performance is claimed for the German equipment producers in 2012, according to the manufacturing association VDMA. The German construction equipment and building material machinery industry generated €12.5 billion in turnover during 2012 according to the latest results. Of this, construction equipment accounted for €7.9 billion, while €4.6 billion of business came from the building material, glass and ceramics machinery sector. This is a nominal decrease of around 1% compared to 2011. Afte
    Read More

Highlighted Content