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

  • Chile highway construction works planned
    May 12, 2017
    The Chilean Government is planning a series of major highway projects with the Ministry of Public Works (MOP) managing the works. The plans call for 14 concessions worth a total of US$3.74 billion to be awarded by January 2018. The second stage of Americo Vespucio Oriente highway (AVO 2) is costing $800 million and is a priority project. This has been delayed already and opening of the route is now expected for 2022. Five regional highways are also opening for tender, including the Ruta G-21 road link, whic
    Read More
  • funding runs out for Spanish road project
    May 18, 2012
    The Spanish Ministry of Works requires further funds to complete work on the 261.5km A-11 Duero Highway. A further €1.13 billion is needed to pay for the work on the stretch between Los Rabanos (Soria) and San Martin del Predroso (Zamora) on the border with Portugal. There has already been €54.2 million invested in the project, which paid for construction of the 15.2km of the Aranda de Duero bypass but work is currently at a standstill. No new work has been carried out since July 2010 when the 6.2km Ronda N
    Read More
  • Spanish project delays
    March 19, 2012
    The Spanish Ministry of Works requires further funds to complete work on the 261.5km A-11 Duero Highway.
    Read More
  • Mexico City's congestion beating highway
    February 8, 2012
    A contract worth US$491 million has been awarded for a new tolled highway section in Mexico City. The project will be carried out by Spanish firm OHL and local company Copri in a 50/50 joint venture agreement.
    Read More

Highlighted Content