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

  • Solution found for Colombian tunnel project?
    March 12, 2015
    A solution seems to have been found for Colombia’s long-running La Linea Tunnel project. Work has been delayed on the tunnel for a number of reasons and on a number of occasions, most recently due to funding issues. But previous delays were due to such diverse causes as technical challenges posed by the difficult conditions and a lack of suitable insurance cover. The Colombian Government has come to an agreement with the Segundo Centenario consortium building the tunnel that will see construction activity r
    Read More
  • Bancolombia boosts its investment in Colombia 4G road projects
    August 4, 2016
    Bancolombia has the largest involvement of all Colombia’s banks in the country’s 4G Road Programme after financial close of the Autopista Norte motorway project. The bank has around US$390 million invested in four out of five 4G road development projects that have secured the necessary funding so far, according to a report in Portafolio, an on-line economic magazine. The 145km Autopista Norte route connects the Caribbean port of Cartagena to the capital Bogota by way of the Ruta del Sol motorway, a 1,
    Read More
  • Colombia pushes ahead with two more 4G road projects
    November 30, 2015
    Colombia will accept bids later this month for two major projects under the ongoing 4G strategic plan for highways, according to vice-president German Vargas Lleras, Contracts details for construction of the Bucaramanga-Pamplona and Pamplona-Cucuta motorways have been published on the website of the National Infrastructure Agency, ANI.
    Read More
  • Colombian tunnel project progress
    August 31, 2020
    A key Colombian tunnel project is seeing progress.
    Read More

Highlighted Content