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

  • Colombian city Cali benefiting from infrastructure
    October 4, 2013
    In the Colombian city of Cali, two projects are now in hand that will improve transport connections for commuters. Plans are in hand for a new 62km ring road around the city that would be constructed under the PPP model and cost an estimated US$697 million. A number of Portuguese and Spanish companies are involved in the proposed ring road project, although the opening of the tender process is still some way off as Federal Government approvals have yet to be given. The city will also benefit from the constr
    Read More
  • New highway planned for Ethiopia
    August 29, 2013
    A new highway in Ethiopia will provide a key link for the country’s future economic development. The 218km Modjo-Hassan highway is expected to cost US$720 million to construct. The highway will be constructed in two stages. The first section of the route will stretch 93km from Modjo to Zeway and is expected to cost $350 million to complete. The second section of the highway will be 125km long and link Zeway with Hewassa and this stretch is estimated to cost $370 million to build. However, funding for the hi
    Read More
  • Contractors competing Colombian construction concessions
    May 13, 2014
    The tender process is underway for the third section of Colombia’s Pacific route connecting La Pintada and La Felisa. This route forms part of the Autopistas de la Prosperidad project between Medellin and Buenaventura. The 231km section includes 26 bridges and three tunnels and will cost some US$621.4 million to construct. All three sections plus the Magdalena and Norte highway will be awarded by July 2014 with works due to begin in 2015. The highway stretches should all be finished in 2020. For the first s
    Read More
  • East End Crossing Project—Availability payment P3 in action
    July 14, 2017
    Indiana exercised its authority to use a P3 contract when it partnered with Kentucky for new bridges across the Ohio River. Barney Allison and John Smolen* explain the groundbreaking availability payment deal. Earlier this year, traffic began rolling over the new tolled Lewis and Clark Bridge spanning the Ohio River from northern Kentucky to southern Indiana. The cable-stayed bridge is part of the award-winning Ohio Bridges Project to untangle traffic within the greater metropolitan area of Louisville, Kent
    Read More

Highlighted Content