Colombia’s massive highway programme is moving forward

Colombia is pushing ahead with its 4G road development programme. Progress is being made with the construction of the Girardot-Honda-Puerto Salgar road connection, which is expected to cost US$518.6 million and is around 37% complete.
June 13, 2017 Read time: 1 min
RSS

Colombia is pushing ahead with its 4G road development programme. Progress is being made with the construction of the Girardot-Honda-Puerto Salgar road connection, which is expected to cost US$518.6 million and is around 37% complete. Financing has been found for 10 projects, although this has yet to be secured for a further nine of the planned projects. However only the Bucaramanga-Pamplona and Pamplona-Cucuta road projects planned for the third tranche of the 4G road programme have so far been awarded.

The budget for road infrastructure projects developed in the country’s Antioquia department has reached $5.25 billion and involve building or upgrading nearly 2,364km of roads. The projects also include work on 386 bridges and 31 tunnels. The new links will cut journey times between Colombia’s ports on the Caribbean coastline and the centre of the country.

Meanwhile the Concesionaria Desarrollo Vial al Mar (Devimar) consortium is having a loan from Colombia's national development bank Financiera de Desarrollo Nacional (FDN). This will allow work to be carried out on the 176km Mar 1 motorway project, with construction due to commence in 2018. Environmental permits have yet to be secured, along with the final financing package.

Road Structures Finance & Funding

Related Content

  • A new highway for northern Colombia
    July 17, 2023
    The Pamplona-Cúcuta highway is playing an important role for the development of northern Colombia
    Read More
  • Colombian highway tenders now underway
    February 10, 2015
    In Colombia the tender process is underway for two major highway projects worth a total of US$1.257 billion. The Autopista Mar 1 and Autopista Mar 2 projects are located in the department of Antioquia and the details of the projects were published by Colombia’s national infrastructure agency ANI, reports Business News Americas. These projects number amongst the 10 concessions the Colombian Government is awarding for the second round of its $25 billion 4G national highway plan.
    Read More
  • Colombia highway deal being arranged
    August 2, 2019
    Funding has been sourced for Colombia’s Autopista al Mar 2 fourth generation (4G) highway project. In all US$652 million has been secured for the work, with the China Development Bank providing $418 million. Other banks involved in the financing are Colombia’s Financiera de Desarrollo Nacional (FDN) and Japan’s Sumitomo Mitsui Banking Corporation.
    Read More
  • Consortium Via al Puerto to finish Colombia’s Buga-Buevantura road
    May 24, 2016
    Colombia’s National Infrastructure Agency (ANI) has approved Consorcio Estructura Plural Via al Puerto to build the remaining 26.5km of the Buga-Buenaventura dual carriageway. Construction costs will be just under US$358 million with another $645 million likely needed to maintain and operate the public-private partnership road for 30 years. Works include construction of two tunnels, 12 bridges, 7.5km of cycle lanes, as well as maintenance of 111km of the main road, according to a report by El Pais new
    Read More

Highlighted Content