Skip to main content

Consortia compete for Colombian construction and concession contract

Colombia's US$561 million Perimetral de Oriente de Cundinamarca4G highway concession package has received bids from four different consortia. Business News Amercas reports that this is the highest number of bidders that a 4G highway concession has received since the country’s national infrastructure agency, ANI, started receiving bids in April for its first wave of nine highway concessions. There were comparatively few bidders for the first three projects so ANI made a number of changes, including revising
June 4, 2014 Read time: 2 mins
Colombia's US$561 million Perimetral de Oriente de Cundinamarca4G highway concession package has received bids from four different consortia. Business News Amercas reports that this is the highest number of bidders that a 4G highway concession has received since the country’s national infrastructure agency, ANI, started receiving bids in April for its first wave of nine highway concessions. There were comparatively few bidders for the first three projects so ANI made a number of changes, including revising project financing options and extending bid deadlines. The Perimetral de Oriente de Cundinamarca highway was the third highway to receive bids following the announcements. Running 153km through Cundinamarca department, the highway starts in Sopó municipality and ends in Cáqueza. The project aims to alleviate traffic in the area surrounding capital Bogotá and also includes three additional highway stretches to complement the main route.

The bidders for this project are: OHL Concesiones, comprising Chilean and Colombian subsidiaries of Spain's OHL Concesiones; Autopista Perimentral de Cundinamarca made up of Colombian firms KMA Construcciones, Ortiz Construcciones y Proyectos, Equipo Universal and Valores y Contratos; Shikun y Binui-Grodco, which includes Israel's Shikun & Binui and Colombia's CI Grodco; Infraestructura Vial de Colombia, made up of Colombian firms CSS Constructores, Alca Ingenieria and Latinoamericana de Construcciones and Mexico's Controladora de Operaciones de Infraestructura.

Related Content

  • Colombian concession contracts cause concern
    June 13, 2014
    A report from insurance firm AIG warns that up to half of Colombia's 4G highway concessions could face financial hurdles due to over-estimated predictions of traffic flows. Colombia is at present putting out to tender its fourth generation (4G) concessions, which involve some US$25 billion in investment, reports Business News America. This investment is impressive and is Latin America's biggest move to expand and improve road infrastructure. But while many companies have shown interest and were prequalified
  • Colombian highway contracts awarded
    April 19, 2021
    Key Colombian highway construction contracts have been awarded.
  • Colombia: New decree allows pension funds to finance 4G projects
    June 25, 2015
    Columbian president Juan Manuel Santos Colombia has said pension fund money could help finance the country’s ambitious 4G motorway projects. Columbia has 35 road projects underway costing more than US$11.7 billion, including the first two 4G tender waves with six public-private partnerships that have already been approved. During a banking convention held in the coastal city of Cartagena in mid-June, Banco Davivienda president Efrain Forero lending capacity studies have been completed for 4GH projects
  • Colombia: nine 4G PPPs to receive financing this year
    March 18, 2016
    Colombia’s minister of transport Natalia Abello Vives has announced that nine 4G public private partnership projects will receive financing this year. Final financing for the Puerta de Hierro-Cruz del Visola road, part of the second wave of 4G projects, will be on June 14, with work to be carried out by Spanish construction firm Sacyr. Construcciones El Condor will carry out the Antioquia-Bolivar and Cesar-Guajira road projects which will also receive financing this year. Other projects include the