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

  • Colombian highway projects under development
    June 29, 2018
    A finance package has been secured in Colombia for the Autopista al Mar 1 highway project. A loan worth close to US$206 million is being provided by the national development bank, Financiera de Desarrollo Nacional (FDN). The highway forms part of Colombia’s 4G infrastructure development plan and the finance package will be provided in three separate tranches. The construction work is being carried out by a consortium comprising Strabag, Concay and Sacyr Concesiones. The project will upgrade the 71km
    Read More
  • Colombia tunnel construction contract commencing
    February 5, 2018
    Driving work has commenced for Colombia’s Toro Tunnel project. The tunnel will measure 9.8km long and is located in Colombia’s Antioquia Department, with the completion expected in 2022. The project is costing US$650.5 million and the link is intended to provide a link between the Autopista al Mar 1 and Autopista al Mar 2 highways. When complete the tunnel will also cut the travel time between Medellin and Uraba to four hours.
    Read More
  • Colombia: more money for Toyo Tunnel Project
    April 4, 2024
    The Toyo Tunnel Project – the Guillermo Gaviria Echeverri Tunnel Project - covers 18.3km including new roads and is under construction by Consorcio Antioquia al Mar.
    Read More
  • Colombia: Estructura Plural SAC 4G is awarded motorway concession
    July 2, 2015
    Estructura Plural SAC 4G has been awarded the motorway concession Autopista Mar 1 in Colombia. The 176km road between Fernando Gomez Martinez Tunnel will run across San Jeronimo and Santafe, reaching Canasgordas. The project will cost US$565.12 million and have 41 bridges and 17 tunnels. The existing road will be improved and a second lane added between Medellin and Santa Fe. Meanwhile, Colombian construction firm Construcciones El Condor and the national infrastructure agency ANI have signed a pu
    Read More

Highlighted Content