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

  • Panama road projects underway
    November 10, 2017
    A series of major road projects is being carried out in Panama. The Santiago-David road is being upgraded at present. The work has been split into five sections, with the entire project expected to cost US$1.08 billion. The plans are now being drawn up for the 40km section connecting San Juan and La Pita. This stretch of the project will cost $218.26 million to carry out.
    Read More
  • Germany’s Hessen state to invest €640 million to revamp motorways
    May 12, 2017
    Hessen will spend around €640 million renovating and expanding six motorway interchanges. According to media reports, around €126 million will go toward construction of new parking areas for trucks. Hesse state has one of Germany’s most dense road networks that includes 24 motorways. The internationally important motorway routes through Hesse are the A3, A5, and A7. Close to the airport of Frankfurt is the Frankfurter Kreuz, Germany's busiest and one of Europe's busiest motorway junctions, where the motorwa
    Read More
  • Netherlands: BBV24 consortium to appeal Blankenburg Tunnel deal
    September 27, 2017
    In the Netherlands, the consortium of BBV24 is appealing the awarding of the Blankenburg Tunnel construction contract to another consortium, BAAK Blankenburg-Verbinding. BAAK Blankenburg-Verbinding – consisting of Dutch construction firm Ballast Nedam, Belgian dredging company Deme and Australian investment bank Macquarie – won the contract earlier this year.
    Read More
  • Deutsche Bank and Akbank among banks to fund Gebze-Izmir motorway
    March 19, 2015
    A final financing agreement for Turkey's 421km Gebze-Izmir motorway project will be signed by nine banks, eight of which will be Turkish, in April. The agreement will be for around US$4.73 billion of the deal likely to cost in total more than $6 billion and which is the country’s largest public-private partnership project. The banks are Deutsche Bank and Turkish banks Akbank, Garanti Bankasi, Finansbank, Is Bankasi, Halkbank, Ziraat Bankasi, Yapi Kredi and Vakfbank. Work has been going on since 2010 for the
    Read More

Highlighted Content