Work on Bogota highway to commence

Widening and upgrade work for the Autopista Norte motorway in Bogota is commencing in September 2017. The work will be carried out by the Accesos Norte de Bogota (Accenorte) consortium and forms part of Colombia’s 4G road development programme.
June 14, 2017 Read time: 1 min
RSS

Widening and upgrade work for the Autopista Norte motorway in Bogota is commencing in September 2017. The work will be carried out by the Accesos Norte de Bogota (Accenorte) consortium and forms part of Colombia’s 4G road development programme. The project is costing in excess of US$429 million, with Accenorte sourcing the necessary financing for the project, which is being handled under the PPP model.

The consortium is recouping its costs through tolling over the 25-year period of its operation and maintenance deal for the route. The project was awarded to the consortium by Colombia’s National Infrastructure Agency (ANI).

Road Structures Finance & Funding

Related Content

  • Nicaragua capital highway route financing secured
    June 26, 2017
    The financing package for a key highway project in Nicaragua’s capital Managua has now been secured.
    Read More
  • San Miguel Corp is among bidders in Cavite-Laguna re-auction
    March 19, 2015
    San Miguel Corporation, Metro Pacific Investments Corporation and an unidentified firm reportedly are bidding in the US$1.25 billion re-auction for work on the Cavite-Laguna Expressway. The deal involves building, operating and maintaining the 47km four-lane toll road for 35 years under a public-private-partnership. The sum includes a $448 million bid price, equal to the premium offered by SMS subsidiary Optimal Infrastructure Development during the first tender for the project in June 2014. San Miguel was
    Read More
  • US$2 billion road projects for Colombia
    December 19, 2024
    Road projects worth US$2 billion are ongoing for Colombia.
    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