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

  • T.Y Lin International to start project management of fourth canal bridge
    June 2, 2016
    The president of Panama, Juan Carlos Varela, has given the green light to T.Y Lin International to start project managing construction of a fourth bridge over the Panama Canal. The US-based infrastructure engineering company won an international tender for the work likely to cost around US$17 million, according to local media. Pre-qualification has started for companies interested in participating on the billion-dollar project. The new bridge is one of three infrastructure projects within a five-ye
    Read More
  • Colombia plans ahead
    March 14, 2012
    Colombia’s Ministry of Transport intends to invest a healthy US$5.59 billion in infrastructure during 2012.
    Read More
  • Funding secured for Chilean highway connection
    December 13, 2018
    Much of the necessary funding has now been secured for construction of the first section of Chile’s Americo Vespucio Oriente (AVO 1) highway. A loan package worth US$832 million is being provided jointly by a number of funding bodies. These are; Banco Estado, Bci and Banco de Chile. In all the project is expected to cost $984 million. The construction work is being carried out by a consortium comprising Sacyr and Aleatica (formely OHL Concesiones).
    Read More
  • New tunnel for Colombian capital
    February 3, 2014
    Pre -feasibility studies are commencing for a new tunnel project in Colombia capital Bogota. The tunnel is set to link Bogota’s north side with La Calera and the studies should be completed by April 2014. The project is expected to cost in the region of US$198.76 million to construct and will be for a 4.5km tolled tunnel. The project will be challenging however and will take up to four years to complete. The route will run from Street 170 in northern Bogota, linking the Perimetral Oriental ring road that is
    Read More

Highlighted Content