Colombian highway construction concessions due

A major programme of PPP road construction concession contracts is due for Colombia. This has been given the go ahead by Colombia's National Council for Economic and Social Policy (Conpes). The programme is for a second round of 4G highway concessions through PPPs, worth up to US$16.5 billion in all, with 10 highway projects to be built. These are: the Autopista Mar 1; Autopista Mar 2; Neiva-Girardot; Villavicencio-Yopal; Rumichaca-Pasto; Puerta de Hierro-Palmar de Varela-Cruz del Viso; Santana-Mocoa-Neiva/
October 31, 2014 Read time: 2 mins
A major programme of PPP road construction concession contracts is due for Colombia. This has been given the go ahead by Colombia's National Council for Economic and Social Policy (Conpes). The programme is for a second round of 4G highway concessions through PPPs, worth up to US$16.5 billion in all, with 10 highway projects to be built. These are: the Autopista Mar 1; Autopista Mar 2; Neiva-Girardot; Villavicencio-Yopal; Rumichaca-Pasto; Puerta de Hierro-Palmar de Varela-Cruz del Viso; Santana-Mocoa-Neiva/Neiva-Campoalegre-Gigante-Garzon-San Juan de Villalobos-Mocoa-Santana; Santander de Quilichao-Popayan; Barrancabermeja-Bucaramanga; and Sisga-El Secreto.

Meanwhile Spanish contractor 980 OHL Concesiones has been granted the contract to develop the 144km Autopista Rio Magdalena 2 highway. This forms part of the first phase of the Autopistas de la Prosperidad-4G road projects. The company submitted an offer of $463 million, 11.3% below the budget established by the government for the project. In addition, the tender for the construction of the Mulalo-Loboguerrero highway will be announced by December 2014. Other contracts to be granted include the Autopista al Mar 1 (Medellin-Canasgordas), Autopista al Mar 2 (Canasgordas-El Tigre, Chigorodo) and Autopista al Rio Madgalena 1 (Porcecito-Alto de Dolores, Maceo), which will be awarded in the first quarter of 2015.
Road Structures Finance & Funding

For more information on companies in this article

OHL

Related Content

  • Colombia road project tender process
    July 22, 2019
    The tender process for Colombia’s Buga-Buenaventura fourth generation (4G) toll road project is being planned. The tender for the 114.1km dual carriageway is being handled in two separate stretches however. One of the road stretches will be for a 55.4km section from Buga to Loboguerrero, which is expected to cost US$359.45 million. The 58.7km stretch from Loboguerrero to Buenaventura meanwhile is expected to cost $362.75 million. The Loboguerrero to Buenaventura section of the route includes building a 19km
    Read More
  • Colombia sourcing funds for road development
    October 3, 2016
    Colombia is considering additional funding for its 4G road infrastructure development programme. Private financing sources are being considered as a possible source to help pay for the third phase of the 4G road development programme. A 60km dual carriageway connecting the cities of Popayan and Pasto and a road from Cututa to Ocana may be offered as tolled routes to attract private financing. Colombia's national infrastructure agency (ANI) is discussing further funding for its 4G programme from the Latin Am
    Read More
  • Guatemala highway contract awarded
    March 29, 2018
    SBI International Holdings will carry out US$93 million of road construction works in Guatemala. The works will be for the upgrading of four sections of road in Alta Verapaz and Quiche that measure just over 144km. The deal was awarded by Guatemala’s Ministry of Communications, Infrastructure and Housing (CIV). SBI International Holdings is a subsidiary of Israeli firm Solel Boneh International. A $100 million loan from Japan's International Cooperation Agency (JICA) has provided the necessary financing for
    Read More
  • Nicaragua road project funding deal
    February 1, 2018
    Nicaragua’s Ministry of Transport and Infrastructure (MTI) is setting out its road development programme for 2018. In all the plans call for the construction of 171km of roads. Work will be completed for the road from Mulukuku to Siuna, with the first 23km stretch due to open in September 2018 and the remaining 21.5km expected in December 2018. Meanwhile the road from Nueva Guinea to San Francisco should be complete by November 2018. Work started on these two routes in 2016. The project also calls for
    Read More

Highlighted Content