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

  • Columbian company carrying out Costa Rican contract with local firm
    July 4, 2014
    Colombian contractor Mario Huertas Cotes and Costa Rican company MECO will carry out construction work on Costa Rica’s Cartagena to Barranquilla highway. The highway stretch measures some 146.7km long and the contract is worth US428.9 million. The two construction companies have come together to carry out the contract jointly and won the deal with a low priced bid.
    Read More
  • New highway for Colombia with financing secured
    July 22, 2019
    A finance package has been secured for Colombia’s Pasto-Rumichaca fourth generation (4G) road project. A loan package worth US$$593.6 million from a series of backers will underscore the project. These are; the Overseas Private Investment Corporation (OPIC), Spain's credit institute Instituto de Credito Oficial (ICO), JP Morgan, MetLife, Banco Santander, Sumitomo Mitsui Banking, Mitsubishi UFJ Financial Group, Credit Agricole, and Bank of China. The project is for work to an 83km section of the route, incl
    Read More
  • Four Angola road contracts awarded
    February 8, 2017
    Four road construction and repair contracts have been awarded in Angola by its road agency, Instituto Nacional de Estradas de Angola (INEA). The prUSojects are all being carried out in the area around capital Luanda. The largest project will be carried out by Mota Engil. This is a $192 million package of works to upgrade the Via Expressa/Camama/Avenida Pedro de Castro Van-Dúnem Loy route. Portuguese contractor Telhabel Construcoes will carry out the $79.72 million project to improve access in the Boavista d
    Read More
  • Solving congestion in Brisbane
    August 2, 2012
    Rapid growth in a major Australian city in recent years has created new problems for the infrastructure and especially transport Expansion in the city of Brisbane, the Queensland state capital and the third largest city in the country, is set to continue and some 1,500 people arrive/week from within Australia and from other parts of the world. At this rate by 2026 the city's population should increase by 1.4 million: at present it is 1.8 million. To cope, the Queensland government and city council have ini
    Read More

Highlighted Content