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

  • Chinese investment in infrastructure
    April 24, 2014
    Three of China’s provinces, Jiangsu, Shanxi and Sichuan, have announced plans to invest in infrastructure expansion. Jiangsu Province has set an impressive infrastructure budget. Some US$11.38 billion has been earmarked for transportation infrastructure projects during 2014. Of the total, $4.53 billion will be invested into road construction projects, while some $454.8 million will be targeted at the construction of civil airports.
    Read More
  • Honduras tourist tool road project
    April 27, 2015
    In Honduras plans are being drawn up for the tourism corridor tollroad project. This route will connect the cities of San Pedro Sula, La Barca, El Progreso, Tela, and La Ceiba port on the Atlantic Coast, reports Business News Americas. The project has made another move forward as it has received support from the Multilateral Investment Guarantee Agency (Miga). The 200km road project has been awarded to the consortium Autopistas del Atlántico. The aim of the project is to increase economic activity and tran
    Read More
  • Work moving ahead on Paraguay’s new roads
    November 21, 2018
    A series of major road contracts have been awarded in Paraguay, although delays are being seen on one key link. The country’s Ministry of Public Works and Communications (MOPC) gave its approval for a series of road contracts to be awarded. These four packages are worth over US$136 million and are for18 different sections.
    Read More
  • Kuwait deal
    February 23, 2012
    A major road project in Kuwait now has the go-ahead and construction will commence shortly.
    Read More

Highlighted Content