Colombia plans PPP project

A new highway project is planned for Colombia, which will be designed and constructed under a PPP concession. The Colombian Government awarded the project to Grupo Odinsa. This will be the country’s second PPP highway project and is expected to cost in the region of US$513 million to construct. The complete 325km project includes building a ring road in Villavicencio, as well as works between Villavicencio-Acacias, Villavicencio-Apiay and between Puerto Gaitan-Puente Arimena. Colombia’s National Infrastruct
February 5, 2015 Read time: 1 min
A new highway project is planned for Colombia, which will be designed and constructed under a PPP concession. The Colombian Government awarded the project to Grupo 3214 Odinsa. This will be the country’s second PPP highway project and is expected to cost in the region of US$513 million to construct. The complete 325km project includes building a ring road in Villavicencio, as well as works between Villavicencio-Acacias, Villavicencio-Apiay and between Puerto Gaitan-Puente Arimena. Colombia’s National Infrastructure Agency (ANI) will open other portions of the project to concessions in due course.
Road Structures Finance & Funding

For more information on companies in this article

Related Content

  • Funding for Colombia road project
    June 20, 2023
    Funding has been secured for a major Colombian road project.
    Read More
  • Chilean highway project faces questions
    February 14, 2012
    The plans for Chile's new Vespucio Oriente highway are under a question mark at present. The Chilean Construction Chamber (CChC) and the association of concession-holders (COPSA) have raised concerns over the plans by the country's government to press ahead with the construction of the 13km Vespucio Oriente highway in capital Santiago.
    Read More
  • Key infrastructure projects planned in Vietnam
    May 15, 2013
    The authorities in Vietnam are planning several key infrastructure projects, including the new Cho Chien Bridge and improvements to Provincial Road No15 amongst others. The new Cho Chien Bridge will connect Ben Tre and Vinh Long provinces and this is expected to cost in the region of US$182 million. The project will now be carried out under the PPP model instead of a BOT scheme, which had been envisaged earlier in the planning stage. This change is due to the fact that TLIC will now carry out the project in
    Read More
  • Construction of Vietnam’s Da Nang-Quang Ngai expressway begins
    November 25, 2013
    Construction of Vietnam’s US$1.4 billion Da Nang-Quang Ngai expressway is now underway. The near 140km-long expressway will have four lanes and a speed limit of 120km/hour. It will link economic hubs like Dung Quat (Quang Ngai), Da Nang-Chu Lai (Quang Nam) and Nhon Hoi (Binh Dinh). The expressway will also have a monitoring centre, a maintenance centre and a service centre. The Vietnamese government, the World Bank and the Japan International Co-operation Agency have provided official development assistan
    Read More

Highlighted Content