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

  • Russian road concession deal agreed
    June 7, 2017
    A concession package has been agreed for a toll road project in the Bashkortostan Republic. The US$512 million construction project will provide a new link from the M5 Ural highway route to Ufa, the capital of the Bashkortostan Republic.
    Read More
  • India road projects being carried out
    July 26, 2017
    The Indian Government has plans to redevelop road infrastructure links in the north east of the country. Planned spending of US$31.1 billion will be used to improve and upgrade the road network in the area by 2019. Plans have been drawn up by India’s National Highways and Infrastructure Development Corp Ltd (NHIDCL) and by the Public Works Department of states.
    Read More
  • Slovakia highway opening faces delays
    March 2, 2017
    A key stretch of the D3 highway in Slovakia will open in the third quarter of 2017. This timescale represents a delay however as the section of road was originally planned to open in the second quarter of 2017. The 4.25km section runs from Zilina Strazov to Zilina Brodno and is costing close to €306 million to construct, with most of the funding being supplied by EU sources. This stretch of the highway is both complex and challenging as it includes a 2.2km section of tunnel as well as bridge over the the Hr
    Read More
  • IRF announces 2012 GRAA Winners
    October 15, 2012
    Organisations behind the Rio de Janeiro's RJ122 project; the Kosovo Motorway project; and New York City's State-of-the-Art ITS Infrastructure Deployment Program were among the winners of the International Road Federation’s (IRF) 2012 Global Road Achievement Awards (GRAA) competition. This year's awards, whose winners were announced by IRF chairman and mayor of Riyadh, H.E Abdullah A. Al-Mogbel, honour nine projects from countries across the globe, each leading the way in innovation and excellence in its res
    Read More

Highlighted Content