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

  • Italian highway deal signed
    August 3, 2021
    A major Italian highway deal has been signed.
    Read More
  • Colombia’s longest bridge part of major project
    September 14, 2016
    Construction activity is underway on a number of key transport infrastructure projects in Colombia. A major bridge project spanning the Magdalena River is currently under construction close to the city of Barranquilla in the north of Colombia. The Pumarejo Bridge was commissioned by Instituto Nacional de Vías (INVIAS) and is being built by a consortium. Featuring a cable-stayed design, the bridge will be 2.28km in length, with three lanes for vehicles, as well as a pedestrian area and a cycle track in b
    Read More
  • Peru's award winning road construction project
    May 8, 2012
    The South Interoceanic Road is a path of integration and development: it is also a GRAA 2011 Winning Project . On 24 January, 2012 the International Road Federation formally presented a Global Road Achievement Award (GRAA) in. the Programme Management category to Concesionaria Interoceánica Sur Tramos 2 y 3, S.A. for its leadership in the provision of integrated services as part of a large-scale transportation infrastructure programme. IIRSA Sur Concessionaire - Stretches 2 & 3, builds, provides maintenanc
    Read More
  • Kenya develops annuity road funding model
    May 8, 2015
    Kenya is introducing novel methods for funding its necessary road infrastructure development - Shem Oirere writes. Kenya has unveiled a new financing model for road construction and reviewed its design standards and construction methodologies, which forms part of a new strategy for the East African country. Under this new plan Kenya is planning to upgrade 10,000km of road, with these links featuring asphalt surfacing; the work being carried out over the next five years at a cost of US$2.8 billion. Despite t
    Read More

Highlighted Content