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

  • Tough time for tolls
    July 3, 2012
    Spain’s tough economic conditions have resulted in difficult times for the country’s private toll highway operators. A fall in revenue has combined with a tough financial situation to make it difficult to pay off debts. Spain’s Ministry of Public Works is offering potential help with a new viability plan for tolled highways. This would involve merging weak, loss-making highways with long concession contracts, with highways that are profitable. Several options meet this criteria but the sector considers the
    Read More
  • Bolivia highway upgrade project planned
    March 3, 2016
    Work on a new dual lane highway connecting La Paz with Santa Cruz in Bolivia is set to cost US$1 billion. The work will be complete by 2019 and the route will link La Paz with Santa Cruz, running through Cochabamba. The Bolivian Ministry of Public Works says that this project will be carried out in addition to previous developments to the road system between La Paz and Oruro. The project to connect different regions includes the 28km double lane highway for El Sillar, as well as tunnels and viaducts. This
    Read More
  • Major plan for Bolivian highway expansion underway
    July 9, 2014
    Bolivia has a major programme of highway expansion and improvements underway at present in a plan designed to improve the country’s transport links. The programme includes 16 double-lane highways being built, costing some US$1.85 billion in all. The work is being managed by the state-run road administration company ABC. The roads will improve connections to La Paz, Oruro, Santa Cruz and Cochabamba. The road between La Paz and Oruro is 80% finished. The other projects will be finished between 2015 and 2018.
    Read More
  • Colombia’s troubled tunnel project completion due
    April 26, 2017
    The completion of work on Colombia’s troubled tunnel project is now finally in sight. A new contractor will be selected by Colombia's National Road Institute (Invias) to complete the last section of work required on the La Linea Tunnel. The winner of the tender process will be announced on 13th June 2017. An additional US$50 million is being budgeted by the Colombian authorities to complete the work. It is expected that in all, finishing the project will cost $86.6 million. Work still to be carried out incl
    Read More

Highlighted Content