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

  • Major investment in Australia’s transport infrastructure
    June 5, 2015
    A joint venture featuring John Holland, Samsung C&T and Leighton Contractors (Leighton) has secured a deal to build and design Sydney’s M4 East motorway. The M4 East forms part of a project to build the WestConnex road tunnel, completion of which is expected in 2023. The M4 East is planned to be ready in 2019, while the WestConnex road tunnel is the biggest transport infrastructure of its kind in Australia. The deal won by the joint venture partners is valued at US$2.1 billion. The WestConnex project is pla
    Read More
  • Goldman Sachs buys into infrastructure business Essel Highways
    August 16, 2016
    A consortium of investors led by Goldman Sachs has agreed to invest US$220 million in Essel Highways, part of the Essel Group. This is the US private investment firm’s first foray into India’s road infrastructure market, according to India’s financial media reports. Essel Highways, a subsidiary of Essel Infraprojects, constructs, develops and operates national and state highways. Essel Highways, set up in 2007, boasts road assets valued at around $2 billion. It has a road development portfolio of 1
    Read More
  • Colombia’s latest bridge project
    October 12, 2018
    The new contract for Colombia’s Chirajara Bridge project has now been awarded to a consortium, Eiffage-Puentes y Torones. The consortium will handle the design and construction work for the new bridge. The structure will be a replacement for the earlier bridge, which collapsed as its construction was being finalised in January 2018, just a few months before it had been scheduled to open for traffic in March 2018. The collapse of the earlier structure resulted in 10 fatalities as well as causing serious inju
    Read More
  • Chile approves construction of the Agua Negra project through the Andes
    August 13, 2015
    Plans for a cross-continent upgraded road were recently boosted when Chile’s senate approved construction of its share of a major US$1.6 billion tunnel in the Andes Mountains. The Chilean approval comes after the Argentinian government gave the nod in March for construction on its section of the Agua Negra project. A tender for specific design work could be put out by September, according to the Argentinian newspaper Diario de Cuyo. The approvals resolve a number of bilateral issues including taxation
    Read More

Highlighted Content