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

  • FCC heads group that will build Toyo Tunnel in Colombia
    November 6, 2015
    Spanish environmental services, infrastructure and water group FCC has secured a €392 deal to design, build, operate and maintain the 10km Toyo Tunnel in Urabá Port, Colombia. The Government of Antioquia awarded the project to the consortium in which Madrid-based FCC has a 40% share and a group of local business people hold 60%. The tunnel is around 80km from Medellin, the capital of Colombia’s mountainous Antioquia province. The US$426 million contract is for 10 years, during which design and constru
    Read More
  • Two consortia bid for US$924.84mn Colombia highway concession
    April 17, 2014
    Two consortia have bid for Colombia's US$924.84 million (COP 1.79 trillion) Conexión Pacífico 1 highway concession, the first project under the Autopistas para la Prosperidad program and part of the country's fourth generation (4G) of concessions. There were 10 prequalified consortia and the two to submit bids were Autopista Conexión Pacífico I, comprised of local firm Estudios y Proyectos del Sol (Episol) and Spain's Iridium, and Infraestructura Vial de Colombia, comprised of Colombian firms Carlos Albe
    Read More
  • Colombia infrastructure expansion plan underway
    August 22, 2017
    Colombia is moving ahead steadily with its 4G road development scheme. According to the Colombian Chamber of Infrastructure (CCI), the Colombian Government has awarded 31 of the 4G projects to date. And of these 31 projects, 21 are being built at present with another eight in the process of securing financing. In all these 21 active projects and the eight close to commencement are worth a total of US$4.37 billion. The Colombian Government hopes that financing will be secured for a further two projects by th
    Read More
  • Colombia construction contract for Spanish firm
    July 11, 2017
    Spanish contractor Sacyr Concesiones will carry out construction of Colombia’s new Cucuta-Pamplona road connection in a deal worth US$485.5 million. This particular road project is of key national importance as it will improve Colombia’s connections with neighbouring Venezuela and Ecuador. The project forms of Colombia’s key 4G road development programme and the package of works was awarded by the National Infrastructure Agency (ANI).
    Read More

Highlighted Content