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

  • Planned project progressing in Peru
    February 1, 2016
    Plans are progressing on a major tunnel project in Peru. The concession for the La Molina tunnel project in Lima has been awarded to Spanish firm OHL. The project will cost US$521 million. The 12.2km project includes building the 1.5km tunnel as well as sections of road and a number of viaducts. The new route will connect the districts of La Molina and Miraflores and will run through Surco, Surquillo and San Borja. OHL Concesiones Peru will carry out the technical studies for the project in 2017. Constructi
    Read More
  • Bancolombia boosts its investment in Colombia 4G road projects
    August 4, 2016
    Bancolombia has the largest involvement of all Colombia’s banks in the country’s 4G Road Programme after financial close of the Autopista Norte motorway project. The bank has around US$390 million invested in four out of five 4G road development projects that have secured the necessary funding so far, according to a report in Portafolio, an on-line economic magazine. The 145km Autopista Norte route connects the Caribbean port of Cartagena to the capital Bogota by way of the Ruta del Sol motorway, a 1,
    Read More
  • Demand diversity in the construction equipment sector
    June 1, 2015
    Demand within the global construction equipment manufacturing industry is anything but homogenous, with certain countries and sales regions significantly outperforming others, with a whole host of factors fuelling and suppressing each key market - Guy Woodford reports
    Read More
  • Tunnel for Colombia’s Calarca – Cajamarca Highway
    May 23, 2014
    A new tunnel is forming an important link for a major Colombian highway - Mauro Nogarin reports Work on a major highway project is underway in Colombia, forming part of the Bogota-Buenaventura Corridor. The highway has a length of 503km and is located in central Colombia, connecting the departments of Tolima and Quindio, across the central Andes, with a total cost of around US$330 million. A key section of the project consists of building a unidirectional tunnel of approximately 8.65km in length. Anot
    Read More

Highlighted Content