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

  • A major highway project is moving forward in New Zealand
    June 28, 2012
    Plans are moving ahead for New Zealand's Transmission Gully highway project. The country’s Environmental Protection Agency has given its final approval for the construction of the 27km Transmission Gully project, which is expected to cost in the region of US$732.4 million (NZ$930 million). The project will be the largest road deal in Wellington region since the late 1970s and one of the largest infrastructure projects in New Zealand.
    Read More
  • ACS and Ferrovial of Spain interested in U.S. road project
    October 25, 2013
    Spanish construction companies ACS and Ferrovial are both taking part in the tender of the US$1.3 billion Neon Project in the U.S. State of Nevada, through different consortia. Ferrovial is bidding for the project through its subsidiary Cintra Infraestructuras, while Ferrovial has formed a consortium with Fengate Capital Management and Star America Fund GP. The Neon Project involves the extension of a 5.95km road stretch in Las Vegas city, including a bridge and a high capacity lane. The contract is expe
    Read More
  • Great opportunities in Asia, conference goers are told
    January 23, 2014
    Asia’s emerging economies will be building roads for the next two decades, delegates at a recent Argus Asian Bitumen conference in Singapore heard. That means there are big opportunities for suppliers of bitumen, related technology and risk management companies - Kristina Smith reports One of the strongest messages to emerge from the Argus Asian Bitumen conference held in Singapore earlier this year is the sheer volume of road building planned in the region. For many countries there are political and finan
    Read More
  • Intermat’s Middle Eastern opportunity
    January 6, 2017
    More than 200 companies are preparing to take part in INTERMAT Middle East being held at the Abu Dhabi National Exhibition Centre from October 8-10 2012. Guy Woodford spoke to the ambassador of the UAE to France and senior figures in three exhibiting companies about the significance of the event and what they are looking to achieve through it.
    Read More

Highlighted Content