Colombia's roads to recovery

Colombia's Ministry of Transport is suggesting that the Avenida Longitudinal de Occidente (ALO) road project in Bogota should be carried out by Colombian energy company Empresa de Energia de Bogota (EEB).
February 8, 2012 Read time: 2 mins
Colombia's Ministry of Transport is suggesting that the Avenida Longitudinal de Occidente (ALO) road project in Bogota should be carried out by Colombian energy company 5808 Empresa de Energia de Bogota (EEB). If state owned EEB completes the works, the Government expects to save US$518 million as well as cutting out the need for three years worth of additional studies and tenders. Meanwhile the tender process for the Autopista de las Americas highway project should close at the end of April 2010, with a decision to be made in June 2010. The 4.2km Guillermo Leon Valencia tunnel is now open for traffic. Vehicles driving from Melgar to Bogota will no longer have to travel via Nariz del Diablo, and journey times will be shortened by more than 30 minutes. The cost of this tunnel project was estimated at $70 million when announced in 2002. The Ministry of Transport reports that the Bogota-Giradot road project is progressing well although there have been some delays. The road project will improve communications between Central Colombia and the west as well as the Pacific Coast. Some 200km of double lane road projects have been built on average during the last two years and this could reach 300km in 2010. In addition, La Linea tunnel construction works are finally proceeding as planned and the road from Calarca to this tunnel is within schedule. The Bogota-Buenaventura road should be completed within a maximum of five years. The Colombian authorities have signed the extensions to the Ruta Caribe, Barranquilla-Cartagena and Cordoba-Sucre road concessions. These projects are worth $623 million. Other road projects worth have been put out to tender and contracts for these schemes will be signed in June 2010. By extending the concessions, the government will be able to ensure that the works are carried out, through road toll systems. The Colombian institute for concessions, 1314 INCO, has remarked that the Cordoba-Sucre and Ruta Caribe projects should take seven years to complete and encompass 484km of road improvements.
Highway & Network Management

For more information on companies in this article

Related Content

  • Ecuador to invest near US$10bn in major motorways
    January 11, 2013
    Ecuador is to invest about US$ 10bn in major motorways, with construction to start during 2013. The roads will reduce journey times, boost safety levels and benefit the road freight sector. Officials say that 6,440km of the 7,280km of road works carried out in the last six years have been completed. During 2012, around 11 million tourists travelled by the country’s roads. The most significant road projects in Ecuador include Manta (Ecuador)-Manaus (Brazil) road, linking the Pacific Ocean with the Atlantic,
    Read More
  • Chile announces road projects, including for the Autopista del Sol
    October 23, 2015
    The Chilean government has announced around 800 road projects for 2016, mostly linked to road concessions, costing about US$1.44 billion. Schemes include those on the Autopista del Sol motorway, such as a third lane between Santiago and Talagante, an alternative access to Penaflor, improvements to the Talagante link and a control centre. In addition, a $5.2 million stop-and-go tag-type toll payment system will be introduced for Autopista del Sol, which will be similar to ones on Ruta 5 Sur between Angost
    Read More
  • Russia seeks outside investment in road building
    November 6, 2012
    The Russian road building industry is on the verge of big changes as it bids to improve quality and speed of construction says Eugene Gerden The Russian road building industry is on the verge of big changes as the national government considers creating conditions to attract foreign companies to build roads in the country. According to a recent order of President Vladimir Putin, due to poor quality and high cost of road construction, there is a need for the development of a mechanism to attract foreign compa
    Read More
  • Chile struggles to meet US$1.5 billion goal for tendering in 2106
    February 19, 2016
    The Chilean government reached its goal of tendering infrastructure projects worth US$1.1 billion in 2015, its first year in power, but will likely miss its 2016 target of $1.5 billion by next month. This has been unofficially confirmed by the Ministry of Public Works, which has stated that it will not be possible to announce new tenders over the coming weeks. The projects with delays include the new Rancagua-Alhue and Santiago-Marga Marga-Quillota roads, as well as the creation of a dual carriageway on the
    Read More

Highlighted Content