Colombia: Estructura Plural SAC 4G is awarded motorway concession

Estructura Plural SAC 4G has been awarded the motorway concession Autopista Mar 1 in Colombia. The 176km road between Fernando Gomez Martinez Tunnel will run across San Jeronimo and Santafe, reaching Canasgordas. The project will cost US$565.12 million and have 41 bridges and 17 tunnels. The existing road will be improved and a second lane added between Medellin and Santa Fe. Meanwhile, Colombian construction firm Construcciones El Condor and the national infrastructure agency ANI have signed a pu
July 2, 2015 Read time: 1 min
Estructura Plural SAC 4G has been awarded the motorway concession Autopista Mar 1 in Colombia.

The 176km road between Fernando Gomez Martinez Tunnel will run across San Jeronimo and Santafe, reaching Canasgordas. The project will cost US$565.12 million and have 41 bridges and 17 tunnels.

The existing road will be improved and a second lane added between Medellin and Santa Fe.

Meanwhile, Colombian construction firm Construcciones 4882 El Condor and the national infrastructure agency ANI have signed a public-private partnership contract to improve 350km of road section between 2921 Cesar and La Guajira.

The project will cost nearly $135.5 million.
Finance & Funding

For more information on companies in this article

Related Content

  • Morocco's road programme boosts economy
    February 9, 2012
    A major road programme instigated by King Mohammed VI of Morocco is helping to boost the country's economy and modernise infrastructure. This forms part of a plan to boost tourism, a key part of the country's income from 8 - 10 million. There were less than 300km of motorways existing when King Mohammed VI inherited the throne from his father in July 1999. Since then, the figure has increased to over 1,000km and this is set to almost double in the next five years. A hugely significant highway programme was
    Read More
  • Free flow tolling technology is booming
    April 10, 2013
    Jon Masters reports on the latest moves in the free-flow tolling segment. Free-flow tolling of roads and discrete infrastructure, such as bridges and tunnels, is an area of transportation that appears to be booming. Tolling in general is on the up, often still as a means for funding road projects where public sector budgets can no longer cover the necessary costs, but not exclusively so. Several high profile examples of road user charging for ‘demand management’ – the reduction of congestion as part of a wi
    Read More
  • The drive for US road funding: will corporate America get a seat?
    September 13, 2017
    Trumponomics aims to use public money for pump-priming an even greater amount of cash from the private sector to improve America’s crumbling roads. But is political will matching corporate America’s enthusiasm for more private investment, asks David Arminas If there were ever a test case for comparing public-private partnerships and design-build contracts, the recently completed Ohio River Bridges Project is it (see previous article).
    Read More
  • Colombia’s La Linea Tunnel will be completed
    September 16, 2015
    Colombia's national road institute (Invias) has said that the La Linea tunnel project will open to traffic in 2017. The project has been delayed on several occasions and due to a variety of reasons, presenting a luckless and lengthy tale of woe for Colombia’s transport ministry. Early in its lifetime the project was held back by unexpected geological issues arising from more challenging ground conditions than had been initially realised. The project was also delayed by insurance problems for some of the fir
    Read More

Highlighted Content