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

  • ARTBA makes awards
    February 29, 2012
    A series of highway and bridge projects across the US have been recognised for their contributions to environmental protection and mitigation.
    Read More
  • M&T sees deals worth $666mn
    August 24, 2012
    Equipment deals worth some R$1.2 billion (US$666 million) were concluded during the recent M&T Expo 2012 in São Paulo, Brazil. The 8th International Trade Fair of Construction Equipment and 6th International Trade Fair of Mining Equipment, was the largest to date and was a showcase for product launches and innovations in equipment technology for the sector. Organisers, Sobratema (Brazilian Association of Technology for Equipment and Maintenance) say the figure at the “history-making edition” corresponds to
    Read More
  • Tenerife seeks funding for proposed vehicle racing track
    November 7, 2014
    The government of Tenerife said it is looking for investors to come up with around $32 million (€25.7m) to construct and run the proposed Circuit de Tenerife racing track. The tender, to manage the 4.07km track for 40 years but which could be extended to 46, was opened in September and will close on February 3. Tenerife is the largest and most populous island of the seven Canary Islands, part of Spain but an autonomous region lying off the northwest African coast. The island, with around 2,030km2 has arou
    Read More
  • Auckland’s future strategic transport requirements
    July 5, 2012
    The Auckland Harbour Bridge is at the stage that it cannot cope with much more traffic, yet the population of the Auckland region continues to grow at a steady rate. Coupled with that, the bridge is a key link in the most important transport corridor in the country, State Highway One. Without it, the country would struggle to function. Not only home to New Zealand's largest city and one third of its population, Auckland's port is one of the country's largest. Some 140m north of the city is Marsden Point, th
    Read More

Highlighted Content